Dear Tinyman community,
Today marks a monumental milestone in Tinyman’s journey. We’re thrilled to announce that Tinyman Governance is now live, and the TINY token has officially launched! This is a pivotal moment for our protocol, and we’re excited to share the details of our tokenomics and the airdrop that’s happening right now.
The TINY token is the key to participating in Tinyman Governance, giving you the power to shape the future of our protocol. Here’s what you need to know:
- Total supply: 1 billion TINY tokens
- Distribution period: Gradual release over four years
- Community focus: A significant portion reserved for you, our users
Discover TINY (Please be cautious of potential scams ⚠️)
- ASA ID: 2200000000
- Explorer Links: Allo Explorer, Pera Explorer
- TINY/ALGO pool on Tinyman
- Contracts
- Documentation
Community-Centric Distribution
We’re putting the power in your hands:
- Community Share: 35% of the total supply is dedicated to the Tinyman community, distributed through Governance Rewards and Liquidity Mining Rewards over the next four years.
- Initial Circulation: Approximately 69.5 million TINY tokens (about 7% of the total supply) are in circulation for the community, Right now, more than 50% of the circulating supply is part of the airdrop. 🔥
- Airdrop: A substantial portion is being airdropped to loyal Tinyman users right now!
- Token Generation Event (Day 1): 13.25% of the Token Supply will be in circulation on July 29th, 2024. (~132.5M $TINY)
For full details on Tokenomics, token allocation, and distribution, please visit Tinyman Docs.
Airdrop: Claim Your TINY Tokens Now!
Our airdrop is live, and it’s time for you to claim your share of TINY tokens! We’ve designed this airdrop to be as inclusive and fair as possible, recognizing the various ways you’ve contributed to Tinyman’s success.
How to Claim Your Airdrop
- Visit the Tinyman website and connect your wallet.
- Navigate to the airdrop claim page.
- Check your eligibility and airdrop amount.
- Follow the prompts to claim your TINY tokens.
Remember, you have 3 months to claim your tokens, so don’t delay!
Airdrop Criteria
The first phase of our airdrop is distributing 60 million TINY tokens based on the following criteria:
1. Active Users (50%):
- Liquidity Providers (30%):
- Farmers (10%)
- Swappers (10%)
2. All Tinyman Users (45%): Every address that has interacted with Tinyman contracts
3. NFT Holders (5%): Holders of specific Tinyman NFTs
You may be eligible under multiple categories, increasing your airdrop allocation. We’ve implemented measures to ensure fair distribution, including a maximum cap per account.
Airdrop Calculations
Airdrop calculations involve distributing 60 million TINY tokens according to these criteria:
- TVL Snapshots (Proportional):
TVL1 — Snapshot Date: Dec 25, 2021 (Round: 18224476) — 5.00%
TVL2 — Snapshot Date: Nov 15, 2022 (Round: 24854524) — 5.00%
TVL3 — Snapshot Date: Aug 15, 2023 (Round: 31304568) — 10.00%
TVL4 — Snapshot Date: Feb 15, 2024 (Round: 36142494) — 10.00% - Farms (Proportional): From the launch of Tinyman Farms to June 15, 2024 (Round: 39787424) — 10.00%
- Swaps (Proportional): From Tinyman v1 Launch to June 15, 2024 (Round: 39787424) — 10.00%
- All Tinyman Users (Even Distribution): Every address that has interacted with Tinyman contracts is eligible, including users who have added/removed liquidity, swapped, or farmed on Tinyman v1. — 45.00%
- NFT Holders (Even Distribution): Holders of specific Tinyman NFTs created by Tinyman.algo as of June 15, 2024 (Round: 39787424) are eligible. Eligibility is based on the number of unique NFTs held. For instance, if holding one NFT qualifies for 400 TINY tokens, holding two unique NFTs would qualify for 800 TINY tokens. — 5.00%
- Ecosystem Partners: We allocated 500,000 TINY tokens for our partners in Algorand who have opened at least one farming program on Tinyman.
You may be eligible under multiple categories, increasing your airdrop allocation. We’ve implemented measures to ensure fair distribution, including a maximum cap per account.
We also removed the following 3 addresses from the calculations:
- App Accounts
- Logic Signature Accounts
- Accounts who abused the Tinyman Hack
Start Governing Today!
With TINY tokens now in your wallet, you can start participating in Tinyman Governance immediately. Here’s how:
- Visit the Governance section on the Tinyman website.
- Stake your TINY tokens to gain voting power.
- Explore active proposals and cast your votes.
- Submit your own proposals to shape Tinyman’s future.
Looking Ahead: Phase Two and Beyond
This is just the beginning. We have plans for a second airdrop phase to further reward active participation in the Tinyman ecosystem. Stay tuned for details on rewards for long-term governance commitment, active voting, and liquidity provision.
MEXC Partnership
We are excited to announce our partnership with MEXC_Global! Mark your calendars for August 19th when TINY goes live on MEXC! 🌟
Launching on MEXC, a leading exchange, will help us reach a broader audience and further integrate TINY into the crypto space. This collaboration will bring more liquidity and possibilities to our community.
Stay tuned for more details as we get closer to the launch date!
Governance Audit & Security
At Tinyman, security and transparency are our top priorities. We are happy to announce the completion of the Tinyman Governance audit. This audit was conducted by a team of leading Algorand developers to ensure the highest standards of security and transparency.
As part of our commitment to open-source development, the contract source code and documentation are now publicly available in our GitHub repository. For more details on our audit process, read our Medium article.
Our Commitment to Decentralization
By putting TINY tokens in your hands, we’re entrusting the future of Tinyman to our community. This launch of TINY and Tinyman Governance isn’t just a new feature — it’s the start of a truly community-driven era for our protocol.
We’re immensely grateful for your support and participation. Together, we’re not just using a DeFi protocol; we’re actively shaping the future of decentralized finance on Algorand.
Thank you for being part of this journey. Now, let’s govern!
The Tinyman Team
P.S. Got questions about the airdrop or governance? Check out our FAQ section or join us on Discord for real-time support. Let’s build the future of Tinyman together!
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