❓FAQ

Can I add my own tokens?

Everyone can create liquidity pools by depositing liquidity on Skeleton.

However, the following tokens are currently NOT supported:

• Fee-on-transfer tokens

• Rebase tokens

For these token, please do NOT add liquidity on Skeleton. Your assets may stuck in the liquidity position.

How come my transaction won't go through?

Skeleton is a DeFi application such that it interacts with the wallet to complete on-chain transactions for swapping, creating LPs, etc.

Gas Fees

As such, the first thing is to make sure you have enough FTM to pay for the gas fee of the on-chain transactions. Typically, gas fee fluctuates depending on the number of transactions in the queue, if there are more transactions, a higher gas fee may be required to push through the transaction.

Transaction Fees

If your swapping action still doesn't go through and it is displaying an error for you to revise the slippage, you may want to check if the tokens you are trying to swap has any fees and restrictions on transactions.

It is not uncommon for tokens on Fantom Chain to include a transaction fee in their contracts, usually these fees could be used for burning, funding a treasury of a fair launch project.

With the transaction fee, whether it is inclusive (a portion of the swap amount is sent elsewhere than your address so the output is less than expected for the estimated input) or exclusive (requiring an additional transfer from your address to send extra tokens so the input is more than expected for the estimated output), it affects the input and output amount that you agree for signing the transaction. In many cases, the transaction cannot meet the input and output requirements because of the tax.

Swapping with Transaction Fees

Before you swap any tokens, make sure you have visited their website to understand if they have a transaction fee mechanism (or tax as many projects put it). If there is, make sure you set a slippage that is sufficient to accommodate the transaction fee -- e.g. if there is a transaction fee of 5%, your slippage will have to be set at least 5% plus the normal trading slippage depending on your trading amount and the token's liquidity, say 5.5%-6%.

In some extreme cases including some scams, some tokens even have a block on most or all transfers on chain, or only allowing certain addresses to sell, in such case it is impossible to swap the token successfully. Do learn about the token you are trying to swap and be aware of any fees and restrictions!

What is split routing?

In Swap, your trade might be broken into multiple routes to execute your trade with the best rate.

To view more detail of how your trade is routed, tap the “v” button on the “Route” section to expand and view the details.

Learn more in here.