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.