The Wait Is Over: Tinyman Liquid Staking is Live!

Tinyman
4 min readNov 26, 2024

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The long-awaited moment has arrived, and we couldn’t be more excited to share it with you — Tinyman Liquid Staking is now LIVE! 🎉

We’ve been working hard behind the scenes to bring something groundbreaking to the Algorand community, and now it’s time to dive into Liquid Staking on Tinyman! While the official staking rewards for the Algorand blockchain are still on the horizon and haven’t gone live yet, we’re thrilled to offer our users a chance to explore and start earning in anticipation.

Let’s dive into the details and what this means for YOU:

Why Liquid Staking Now?

We’re launching this feature ahead of the staking rewards going live on the Algorand blockchain. While the exact date for these rewards is still to be confirmed, it won’t be long! In the meantime, we’re eager to offer you the ability to use Liquid Staking, which gives you a head start on earning rewards.

But there’s more! You can already experience all the features of Liquid Staking — from simply staking your ALGO to earning additional rewards in various ways — the choice is Yours!

How Does Algorand Staking Work on Tinyman?

By staking your ALGO into the Tinyman Stakepool, you’re not just earning rewards, you’re helping to secure and decentralize the entire Algorand network.

When Algorand’s staking rewards are officially launched, you’ll start earning staking rewards in ALGO. These rewards will be generated from network fees and additional incentives from the Algorand Foundation. It’s a win-win situation — you’re supporting the network while putting your ALGO to work for you!

Start Earning Today — No Waiting Needed!

While awaiting the official launch of Algorand rewards, Tinyman is already offering incentives for Liquid Staking. This means you can begin earning yield right now and explore all the exciting opportunities available. Your staked ALGO will immediately contribute to securing and decentralizing the network. Plus, you’ll start receiving ALGO rewards provided by Tinyman right away, until the official Algorand rewards go live.

Meet tALGO: Tinyman’s Liquid Staking Token

When you stake your ALGO in the Tinyman stakepool, you’ll receive tALGO, our Liquid Staking token. This token is fully tradable, and as time goes on, its value increases because it accumulates staking rewards.

Here’s the best part: you can redeem your tALGO for ALGO at any time, and you’ll get your initial stake plus any accumulated rewards instantly. No waiting. No delays. Just seamless flexibility.

tALGO is built with best practices at its core. It is immutable, and its source code is publicly available, ensuring the highest standards of security, reliability, and transparency.

Unlock Even More Earning Potential with tALGO

But wait — there’s more! Holding tALGO doesn’t just give you the chance to earn staking rewards. You have the option to take your earnings even further with the following opportunities:

  • Become a Liquidity Provider: Add liquidity to tALGO pools on Tinyman and earn trading fees and farming rewards.
  • Additional Rewards for Tinyman Governors: Re-stake your tALGO to earn even more rewards paid in $TINY. This is an exclusive benefit for Tinyman Governors looking to maximize their returns!

The Benefits of Being a Tinyman Governor Just Got Even Better!

If you’re already a Tinyman Governor, you know the rewards and benefits that come with participating in governance. Now, with Liquid Staking, the rewards go even further. By holding TINY power, you can re-stake your tALGO and earn additional TINY rewards, all while continuing to participate in network governance. It’s a great way to increase your earnings without lifting a finger.

Security and Audit Process

At Tinyman, security is our utmost priority. To ensure the highest standards of safety, we’ve implemented a comprehensive audit process for the Tinyman stakepool. A team of renowned Algorand experts has thoroughly reviewed our contracts, providing rigorous oversight and validation. You can access the detailed audit report here.

Seamless Experience: Stake, Trade, Earn — All within the Tinyman UI

We’ve made it easier than ever to manage your tALGO with our user-friendly interface. Whether you’re staking, trading, or earning, you’ll have full control over your assets with no lock-ups or penalties. That means you can make the most of your staking experience.

Join Us as We Embark on This Exciting New Journey!

We’re excited to unveil this innovative feature to the Algorand ecosystem and are eager for you to get started. Liquid Staking is the next evolution in DeFi, and it’s now live on Tinyman.

We’re also excited to hear from you! Your feedback and comments are invaluable as we continue to improve and grow. Let’s get the conversation going — join us on Discord or follow us on Twitter for the latest updates and news!

Stay Connected and Get Involved!

Thank you for being part of this exciting milestone with us. The wait is over — Liquid Staking on Tinyman is here, and it’s time to earn!

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Tinyman
Tinyman

Written by Tinyman

Tinyman is a re-imagined decentralized trading protocol that utilizes the fast and secure framework of the Algorand blockchain

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