Tinyman Liquid Algorand Liquid Staking

tALGO is a liquid staking token by Tinyman that represents staked ALGO. It allows you to continue earning staking rewards while keeping your funds liquid for use in DeFi.

The yield for tALGO comes from staking ALGO with validators on the Algorand network. Staking rewards are distributed to tALGO holders proportionally after the commission fee is applied.

Tinyman is a leading decentralized exchange on Algorand, known for its audited smart contracts and transparent operations. However, all DeFi carries risk, so it is essential to perform your own due diligence before participating.

Tinyman charges a 3% commission fee on staking rewards. This fee supports protocol maintenance and operations.

Users have the option to re-stake tALGO. Upon re-staking, stALGO is issued at a 1:1 ratio. stALGO represents the re-staked tALGO and allows for the earning of additional TINY rewards. While stALGO remains in the user's wallet, it cannot be transferred or traded. Holding stALGO enables continuous accumulation of TINY rewards, which can be claimed at any time from the re-staking page. Unstaking is not required to access these rewards. Re-staking provides an opportunity to generate extra yield without active management.

tALGO can be redeemed for ALGO at any time, with no lock-up periods or penalties. Upon redemption, users receive the initial ALGO amount along with any accrued staking rewards.