Frequently asked questions about Silverback DEX.
What is Silverback DEX?
Silverback is a dual-network decentralized exchange supporting Base (Ethereum L2) and Keeta (high-speed DAG blockchain). It features AMM pools, FX anchor trading, and is powered by an autonomous AI trading agent.
What makes Silverback different?
Unlike other AI agents that just provide commentary, Silverback operates actual trading infrastructure:
Shares profits with token holders
Proves expertise through results, not claims
Which network should I use?
Base is best for:
Trading popular ERC-20 tokens
Users already in the Ethereum ecosystem
Keeta is best for:
Fast transactions (400ms settlement)
Creating custom liquidity pools with your own fee rates
Is Silverback safe to use?
Silverback is non-custodial — you maintain full control of your funds. The smart contracts follow battle-tested Uniswap V2 standards. However, as with all DeFi:
Never invest more than you can afford to lose
Understand risks like impermanent loss
Always verify contract addresses
Does Silverback custody my funds?
No. This is a fully non-custodial DEX. Your tokens remain in your wallet until you execute a swap, and liquidity can be withdrawn anytime.
What are the trading fees?
What is slippage tolerance?
The maximum price change you'll accept between submitting a transaction and it executing. If price moves more than your tolerance, the transaction fails, protecting you from bad fills.
Recommended settings:
Why do I need to approve tokens?
ERC-20 tokens require you to grant permission before a smart contract can spend them. This is a security feature. You only need to approve once per token per contract.
What are LP tokens?
LP (Liquidity Provider) tokens represent your share of a liquidity pool. They:
Entitle you to accumulated fees
Can be redeemed to withdraw liquidity
Should be kept safe like any crypto asset
How do I earn fees as a liquidity provider?
When traders swap through a pool, a 0.3% fee is collected. This fee is automatically added to the pool. When you withdraw, you receive your proportional share of all accumulated fees.
What is impermanent loss?
A temporary loss that occurs when token prices change from when you deposited. If you withdraw when prices have diverged significantly, you may have less value than if you just held the tokens.
Key points:
Called "impermanent" because it reverses if prices return to original ratio
Trading fees can offset impermanent loss
More volatile pairs have higher IL risk
Can I remove liquidity anytime?
Yes! Liquidity is never locked. Withdraw whenever you want and receive tokens proportional to your pool share.
Anchor Pools (Keeta)
What's the difference between AMM pools and Anchor pools?
Feature
AMM Pools
Anchor Pools
How do I make money with anchor pools?
Earn fees when swaps are routed through your pool. The Anchor page automatically selects the best rate, so competitive fees and good liquidity attract more volume.
What fee should I set?
Check existing pools for your token pair. Common strategies:
10-20 bps — Aggressive volume play
30 bps — Standard, competitive
50-100 bps — Higher margin, less volume
Can I have multiple anchor pools?
Yes! Create one pool per token pair. You cannot have two pools for the same pair from the same wallet.
Can others provide liquidity to my pool?
Not currently. Each user creates and manages their own anchor pools independently.
$BACK is the native token of the Silverback ecosystem, launched through Virtuals Protocol. It provides:
Revenue sharing from DEX operations and trading
How do I earn with $BACK?
Stake $BACK to receive a share of protocol revenue. Revenue from DEX fees and AI trading profits is used to buy back $BACK, which fills the staking reward pool.
Is there token inflation?
No. $BACK doesn't mint new tokens for rewards. Instead, real revenue funds buybacks that distribute existing tokens. This creates sustainable yield without dilution.
Where can I buy $BACK?
$BACK launches on Virtuals Protocol. After launch, it will be tradeable on Silverback DEX and potentially other platforms.
What wallets are supported?
Base Network:
WalletConnect (300+ wallets)
Keeta Network:
What are the contract addresses?
See Contract Addresses for all verified contracts.
Has Silverback been audited?
We conducted comprehensive pre-mainnet testing on Base Sepolia with 100+ automated tests, including edge cases like tax tokens and reentrancy attacks. All contracts are verified on Basescan and include built-in protections like reentrancy guards, deadline checks, and slippage protection. While we haven't undergone an independent security audit, our foundation is the most proven AMM design in DeFi history. Use at your own risk,
as with all smart contract protocols.
What if I lose my LP tokens?
LP tokens are like any crypto asset. Losing them means losing access to your liquidity. Always:
Back up your wallet recovery phrase
How do I verify I'm on the real site?
Official domain: silverbackdefi.app
Always bookmark official links
Verify contract addresses before interacting
Never click links from unknown sources
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