Tinyman LP Actions
Introduction
On January 1st Tinyman, a DeFi platform built on Algorand, was attacked and lost approximately 3M dollar.
The attacker targeted some of the liquidity pools.
After a halt, a new version of Tinyman 1.1 relaunched.
This dashboard investigates how liquidity pools on Tinyman 1.1 works.
First we will show the number of mint and burn actions each day. Then, we will go on to liquidity pools and identify the most active LPs in terms of mint and burn actions.
The table below listed the top 10 most active liquidity pools in terms of minting.
As can be seen Yieldly-Algo is the most popular pool in terms of minting.
The other pools has either Yieldly or Algo token as one of the pairs. We can see also ALGO and USDC, as the only stablecoin, pair is the forth most popular LP.
The table below listed the top 10 most active liquidity pools in terms of burning tokens.
Again, as can be seen, Yieldly-Algo is the most popular pool.
The other pools has either Yieldly or Algo token as one of the pairs except STBL-USDC.
Out of 87,478 minting since January 19th, 36,289 (41%) has been done through top 10 popular for mint liquidity pools. And out of 31069 token burning, 12416 (40%) has been done through top popular for burn liquidity pools.
The top popular liquidity pool is YLDL-ALGO pool with the highest number of mint and burn.