Fees
Current Tinyman and Algorand fees incurred for each function
Swapping
A fee of 0.3% is added to all swaps.
5/6ths of this fee (0.25%) is paid to Poolers
1/6th of this fee (0.05%) is paid to the protocol (Tinyman Treasury)
Fixed input swap: Algorand transaction fees: 4 * min fee = 0.004 Algo
Fixed output swap: Algorand transaction fees: 5 * min fee = 0.005 Algo
Adding & Removing Liquidity
There are no extra fees charged by Tinyman for Minting or Burning.
Adding Initial liquidity: Algorand transaction fees: 4 * min fee = 0.004 Algo
Adding subsequent liquidity for flexible: Algorand transaction fees: 5 * min fee = 0.005 Algo
Adding subsequent liquidity for single asset: Algorand transaction fees: 4 * min fee = 0.004 Algo
Removing liquidity for both multiple assets and single asset: Algorand transaction fees: 4 * min fee = 0.004 Algo
Pool Creation (Bootstrap)
There are no extra fees charged by Tinyman for Pool Creation.
There are additional Algo costs to cover the minimum balance required for the Pool account: ASA-ASA Pool: 1.043 Algo ASA-Algo Pool: 0.943 Algo
Algorand transaction fees: ASA-ASA Pool: 7 * min fee = 0.007 Algo ASA-Algo Pool: 6 * min fee = 0.006 Algo
Total costs for Pool Creation: ASA-ASA Pool: 1.05 Algo ASA-Algo Pool: 0.949 Algo
Flash Loan
A fee of 0.3% is added to flash loans.
5/6ths of this fee (0.25%) is paid to Poolers
1/6th of this fee (0.05%) is paid to the protocol (Tinyman Treasury)
Algorand transaction fees: 4 * min fee = 0.004 Algo
Flash Swaps
A fee of 0.3% is added to flash loans.
5/6ths of this fee (0.25%) is paid to Poolers
1/6th of this fee (0.05%) is paid to the protocol (Tinyman Treasury)
Algorand transaction fees: 4 * min fee = 0.004 Algo
Variable Fees
Tinyman V2 is introducing new governance functionality that will allow liquidity providers (LPs) to set the percentage of fees they want to collect for their pool up to a maximum of 5%. The current fee structure will remain unchanged until the governance feature is activated and put up for a vote. At that point, LPs will be able to propose changes to the fee structure through the governance process. Until then, the fee structure will continue as is.
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