Hello, Iam currently building a DApp on top of Algorand and Iam almost reaching the Blockchain layer, the next step will be creation of new ASA but Iam not sure that I have understand clearly how that works in fact even after reading Tinyman docs carrefully, so I have a basic couple of questions co…

You can just go to Tinyman “pool” from nav bar on top left corner and then on right hand side you have “Create new pool +”. But yes, you have to provide both assets in equal ratio value basis at first. Meaning, if you have ASA called TOKEN and you want to create USDC/TOKEN liquidity pool, you have …

Thank you very much @ROAM for this detailed explanation, it was very helpful and that answers most of my questions. So in my case I don’t have much enough funds to offer enough liquidity for starting my project, so if possible to give me some common and well known practices for that, I searched a l…

to your points 1.) Fees are included into LP when someone trades so not paid out separately. This means that if you want to take fees out, you have to pull liquidity out or part of it. this is red flag in general. Also if someone buys, and pool balance goes from 1000 USDC / 1000 TOKEN to 1500 USDC…

Thank you very much again @ROAM , this is exactly what Iam looking for, last thing about LP fees, I know that fees came from others transactions when they trade but why it is red flag to withdraw fees ? since 0.3% will be deducted from the swapper’s own funds it is absolutely independant from the cur…

fees are in pool and baked into those LP tokens. So say you put in 1000 USDC & 1000 TOKEN and you get 1000 USDC-TOKEN LP tokens. now people trade and pool is worth 1003 USDC & 1002 TOKEN (figures again from head just for sake of an example). now when you pull “fees” out. it means that you give away …

Okay okay I can understand now, but where those fees go if I didn’t withdraw them ? as my point they became part of the liquidity right ?

they will go into pool and yes, will be part of the liquidity.

Thanks @ROAM , it was a great pleasure to talk with you, Iam new to this community and it seems from the beginning that it is wonderful, there is last thing and please feel free to ignore it if you see that it was long discussion, I just don’t want to create a separate topic for it : I can see many d…

happy to help best I can. Regarding 0% fees, what Dapps you are referring to? For example Pera takes small swap fee when you use build in swap, Tinyman gets part of that 0,3% fee when you swap, Defly gets fees when you swap within their wallet, Folks Finance gets part of the accrued interests and sm…

Tinyman liquidity providing specifications

General

Opeerah March 7, 2024, 3:17pm 11

Very understood @ROAM, thank you so much for your help, hoping for more great communications like this one in the future, I appreciate your help.

Topic		Replies	Views
Liquidity Pools for ASAs General asa	3	2132	October 7, 2021
Launching An ASA Token To Success General testnet , community , asa , mainnet , developer	20	2117	September 9, 2022
GP13 DeFi rewards (TDR) Proposal - Tinyman Rewards Proposals targeted-defi-reward , gp-13	38	1369	October 4, 2024
Algorand creating ASA's cost	6	784	December 12, 2021
How is the price of an ASA token determined? General	9	1270	January 25, 2022

Tinyman liquidity providing specifications

Related topics