How to Get Started with Tinyma

  1. Deposit Funds:
    • Fund your wallet with the tokens you wish to trade or use for liquidity provision.
  2. Access Tinyman:
    • Navigate to the Tinyman platform using your browser.
  3. Connect Your Wallet:
    • Click on the “Connect Wallet” button and follow the prompts to link your Algorand wallet.
  4. Start Trading or Providing Liquidity:
    • Swap tokens directly or add liquidity to earn trading fees and other rewards.

Frequently Asked Questions (FAQ)

1. What is the Tinyman AMM model?
Tinyman operates on an AMM model, where liquidity is provided by users, and trades are executed based on the liquidity available in pools. This allows users to earn rewards by providing liquidity.

2. What tokens can I trade on Tinyman?
Tinyman supports a wide range of tokens built on the Algorand blockchain, allowing users to trade various assets quickly and efficiently.

3. How do I provide liquidity on Tinyman?
To provide liquidity, you simply deposit two tokens into a liquidity pool. In return, you earn a portion of the trading fees generated from the trades executed on the platform.

4. Are my funds secure on Tinyman?
Yes, Tinyman is a decentralized platform, meaning you retain full control over your funds at all times. Your private keys and funds are never stored on the platform.

5. What are Tinyman’s transaction fees?
Tinyman’s fees are significantly lower than those of many traditional exchanges, thanks to the low-cost nature of the Algorand blockchain.