Welcome to Liquid Staking with Tinyman!

Tinyman
3 min readNov 6, 2024

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We’re thrilled to announce a groundbreaking opportunity at Tinyman! Soon, we’ll be launching our own stakepool to help secure and further decentralize the Algorand network. This new feature not only strengthens Algorand but also brings exciting rewards to our community.

Tinyman Liquid Staking

Earn Staking Rewards with ALGO

By joining our stakepool, you’ll earn staking rewards paid in ALGO. These rewards are made up of network-generated fees and additional incentives from the Algorand Foundation. It’s a fantastic way to make your ALGO work for you while supporting network security and decentralization.

Meet tALGO: Tinyman’s Liquid Staking Token

But it doesn’t stop there! Say hello to tALGO, Tinyman’s new liquid staking token. When you stake ALGO in the Tinyman stakepool, you’ll receive tALGO in return. This token is fully tradable and grows in value over time as staking rewards accrue. Plus, you can redeem tALGO for ALGO at any moment, with instantaneous redemptions. That means you’ll receive your initial stake and any accumulated rewards immediately upon redeeming.

Unlock More Earning Opportunities with tALGO

Holding tALGO opens the door to even more earning possibilities. The choice is Yours:

- Become a Liquidity Provider: Add liquidity to tALGO pools on Tinyman and earn trading fees along with farming rewards.

- Additional Rewards for Tinyman Governors: You can re-stake your tALGO to earn extra rewards paid in $TINY. It’s an exclusive way to maximize your gains!

The Benefits of Being a Tinyman Governor Just Got Better

Being a Tinyman Governor already offers attractive governance rewards and the ability to vote on farming programs and on-chain proposals. With the introduction of liquid staking, the advantages multiply. By holding a minimum TINY power of 500, you become eligible for additional TINY rewards simply by re-staking your tALGO. This means you’ll not only earn staking rewards from consensus participation but also enjoy extra TINY rewards. It’s a straightforward way to maximize your gains!

Security and Audit Process

Security is our top priority. To ensure that the Tinyman stakepool contracts meet the highest security standards, we conduct an audit. For this audit, we’ve adopted a peer review process involving a diverse team of well-known expert Algorand developers. These experts bring a deep technical understanding and a solid grasp of the Algorand ecosystem, providing the Tinyman stakepool with robust oversight and security.

Seamless Flexibility: Stake, Trade, Earn. All within Tinyman’s User Interface

With a user-friendly interface and complete flexibility, managing your tALGO has never been easier. There are no lock-ups or penalties, so you have full control over your assets. Secure and decentralize the Algorand network, maximize your rewards, and enjoy the freedom to utilize your tALGO whenever you like.

Stay Tuned for Launch Updates!

Ready to join the Tinyman stakepool? Subscribe to our Twitter and Discord channel to get updated about the upcoming launch and all the latest updates.

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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