Frequently Asked Questions (FAQ)
Setup, Security and Integration
How does the Trading Agent interact with my Solana wallet?
A single on-chain approval creates a dedicated vault. Solaya never requires access to your private keys; the agent only manages authorised trades from your vault.
Who holds my private keys?
Your private keys remain under your sole control. The platform neither requests nor stores them at any stage.
Which wallets are compatible with Solaya?
Any wallet that supports Solana—such as Phantom or Solflare—works seamlessly with our platform.
How do I set everything up?
Connect your wallet to Solaya.
Ensure you have 0.02 SOL to cover the vault setup in addition to your initial trade capital.
Activate your subscription by holding the requisite number of Solaya tokens
Fund the vault; rebalancing occurs if the tokens you deposit are not in a 1:1 ratio.
Deploy the agent, which commences trading once the deposit is confirmed on-chain.
Do I need to keep my wallet connected?
Once the agent is deployed, it operates autonomously on-chain. You may reconnect at any time to monitor performance or adjust your funds.
Can I connect more than one wallet?
Multiple wallets can each create their own vaults and trading agents, subject to the applicable fees and subscription requirements.
Is there a mobile version of Solaya?
Solaya is fully accessible via mobile browsers, provided you use a compatible wallet application.
How do I pause or shut down an agent?
Use the management dashboard to pause an agent. This action halts trading while leaving your funds secure within your vault.
Trading Operations and Performance
Which trading pairs are currently supported?
The platform presently handles SOL-based pairs, with plans to support additional tokens in future updates.
How does the AI determine trading opportunities?
Trading decisions follow the logic of your selected strategy, whether it relies on mean reversion, grid-based orders, or price discovery techniques.
Which strategies are available?
Users may choose from AI Market Maker, Smart Grid Agent, and Price Explorer strategies. A marketplace for custom strategies is planned for a later release.
How frequently do agents trade?
Trading frequency depends on the prevailing market conditions, the chosen strategy, and user-defined settings. Volatile markets may prompt more frequent transactions.
How do agents manage slippage?
Agents adhere to a preset maximum slippage limit. Should the slippage exceed this threshold, the trade is cancelled to avoid unfavourable execution.
Which data feeds inform the agent’s decisions?
Real-time market information from Solana RPC nodes—including prices, volumes, and liquidity metrics—guides the agent’s actions.
Is there an average performance figure?
Performance varies with market conditions, strategy selection, and individual settings. Historical returns do not guarantee future outcomes.
How is performance measured?
Performance is assessed by comparing your vault’s current balance with the hypothetical balance if no trading had taken place.
Can I review historical trading decisions?
Historical data is currently accessible via external platforms, with plans to integrate a native feature in future updates.
How much SOL should I start with?
A minimum of 1 SOL is recommended to provide sufficient capital for effective operation, although smaller amounts may sometimes suffice.
Risk Management and Emergency Procedures
What risk management features are included?
Each strategy incorporates minimum trade sizes and, in some instances, exposure limits. A stop loss feature is currently under development to further mitigate risk.
How are high network congestion scenarios managed?
During periods of congestion, transactions are routed via Jito to improve confirmation rates. If a trade fails, the agent reattempts the transaction when market conditions remain favourable.
What happens during a network outage?
Trading automatically pauses when the Solana network goes offline, ensuring your funds remain secure until normal operations resume.
How does the agent handle failed transactions?
Should a transaction fail, the agent reassesses current conditions and will initiate a new transaction if the criteria remain met. Otherwise, it awaits the next trading opportunity.
Are there any current constraints?
Present limitations include support for SOL-based pairs only, automatic rebalancing to a 1:1 ratio on deposit, and the pending integration of the stop loss feature.
Which market conditions can adversely affect performance?
Extreme volatility, sudden market trends, low liquidity and abrupt price swings may challenge certain strategies, potentially leading to increased fees or drawdowns.