Tinyman Farming Pool Incentives

Q71. Tinyman is currently offering incentivized LP farming on USDt/ALGO USDC/ALGO and USDC/USDt pairs(https://app.tinyman.org/#/staking) Show how these rewards impact the number of mints and burns of these pools compared to some of the other large pools on Tinyman. Also show how these rewards impact the number of mints and burns of these pools(before rewards and during).

Tinyman is a reimagined decentralized trading protocol, utilizing the fast and secure framework of the Algorand blockchain to create an open and safe marketplace for traders, liquidity providers, and developers.

Tinyman, built by a team with experienced fintech backgrounds, is on a mission to realize the full potential of DeFi, or financial tools that run on blockchain and are inclusive, accessible, and profitable for users far and wide.

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LP mint per day

This chart shows the total lp farming per day.

The blue part is related to USDC-USDT , the green part is related to USDT-ALGO, and the orange part is related to USDC-ALGO .

As a result of this chart, the amount of lp that was minted in USDC-ALGO was more than other pools.

On USDC-ALGO pool the most LP was minted on 12th April,On USDT-ALGO the most LP was minted on 30th March and On USDC-USDT the most LP was minted on 22nd April.

Mint transactions per day

This chart shows the total minted transactions per day.

The blue part is related to USDC-ALGO , the green part is related to USDC-USDT, and the orange part is related to USDT-ALGO .

As a result of this chart,The total daily minted transactions were neither downwards nor upwards and it is very erratic but the number of transactions that were minted in USDC-ALGO was more than other pools.

The most minted transactions on USDC-ALGO and USDC-USDT occurred on March 29 and the most USDT-ALGO minted transactions were on March 30th with 30 transactions.

Minted Wallets per day

This chart shows the total minted wallets per day.

The blue part is related to USDC-ALGO , the green part is related to USDC-USDT, and the orange part is related to USDT-ALGO .

As a result of this chart, here same as total minted LP and total minted transactions also The number of wallets that were minted in USDC-ALGO was more than other pools.

LP burnt mint per day

Burnt transactions per day

This chart shows the total lp that has burnt per day.

The blue part is related to USDC-ALGO , the green part is related to USDC-USDT, and the orange part is related to USDT-ALGO .

As a result of this chart and the total minted lp chart, the amount of lp that was minted is much more than the lp that has burnt.The number of lp that were burnt in USDC-USDT was more than other pools.

Over the last two months, the total amount of lp have burnt was not noticeable but there is a big growth on May 10th and around 1.5M lp were burnt on May 12th

Burnt wallets per day

This chart shows the total transactions that has burnt per day.

Same as the previous charts, The blue part is related to USDC-ALGO , the green part is related to USDC-USDT, and the orange part is related to USDT-ALGO .

The description of this chart is somehow same as the burnt lp chart.

As a result of this chart and the total minted transactions chart, the amount of transactions that was minted is much more than the transactions that have burnt.The number of burnt transactions in USDC-USDT was more than other pools.

This chart shows the total wallet that has burnt per day.

The blue part is related to USDC-ALGO , the green part is related to USDC-USDT, and the orange part is related to USDT-ALGO .

According to this chart, The number of burnt wallets in USDC-USDT was more than other pools.

Most burnt wallets were on May 11th and 12th USDC-ALGO with 71 wallets, USDT-ALGO with 14 wallets and USDC-USDT with 92 had the most burnt wallets.