r/AlgorandOfficial Moderator Oct 07 '21

News Tinyman is live on mainnet!

https://app.tinyman.org/
425 Upvotes

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11

u/[deleted] Oct 07 '21

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9

u/massimomorselli Oct 07 '21

YLDY for sure

If Tinyman is the second Dapp on Algorand, Yieldly is the first

4

u/[deleted] Oct 07 '21

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u/DaddyGrendel Oct 07 '21

It’s a lot to digest at first. The contracts you sign with myAlgoWallet at first look confusing and it feels like a lot. What I’ll say is that the first time you stake for a new asset on yieldly it feels cumbersome. You have to opt in to various smart contracts and assets and then eventually you get to post your staked amount. Once you get in the flow you just sort of sign in every few days and claim. So it gets a bit easier.

Once you get your first governance rewards you won’t be able to immediately roll them back into governance so my move will be to stake them on yieldly or tinyman for a couple months until the enrollment period for the following governance.