Click on any button above to open the related market. Then use this instruction to know how to sell or buy TLS on Tokpie. The minimum trade order amount is 0.10 TLS. At the same time, a minimum step amount is 0.01 TLS.
What is TLS?
The TLS token is an ERC20 token issued by TLS Group. TLS Group claims to share its profits from green mining with TLS token holders.
The TLS Group is going to build a data center to connect it with immersion cooling and mining equipment with 2-10 Megawatts capacity. Having technology for processing solar energy, the TLS Group is aiming to mine different cryptocurrencies and distributing 40% revenue share to TLS token holders.
The TLS Group’s team has a right to lock any amount of tokens in case of suspicious activity. So be aware of that and investigate smart contract details by yourself.
Token total emission
The total token emission is limited to 2,000,000,000 TLS. Note that Etherscan shows the amount of TLS issued up today. It doesn’t show how many TLS tokens might be issued in the future.
How to deposit TLS tokens?
To deposit TLS tokens to your Tokpie account follow this guide. Make sure that you are going to deposit TLS related to that smart contract address: 0xce9e84a26ddb9e2283de164f7ed595e0d27e32b3. Otherwise, your transfer will not be identified by Tokpie. The Tokpie exchange doesn’t charge fees for depositing.
How to withdraw TLS tokens?
To withdraw TLS tokens from your Tokpie account follow this guide. You must have an eth compatible address to be able to withdraw TLS. The minimal withdrawal amount is 10 TLS. Withdrawal commission is 5 TLS.
Tokpie beta 2.0 released. Check out the new features aiming to improve cryptocurrency trading, staking, borrowing and more.
Learn about the recent Tokpie cryptocurrency exchange platform updates and improvements.
Collateralize Asset tool
Collateralize Asset tool allows Tokpie users to do the following:
deposit bounty stakes of supported cryptocurrency projects in seconds
settle previously deposited bounty stakes in seconds
Thanks to the collateralization users can deposit bounty stakes even if they have not yet earned them! Collateralization means using TKP tokens as collateral. In other words, the Collateralize Asset tool is the core element of Bounty Stakes Trading 2.0.
Borrow tool is the main feature of the Tokpie’s P2P Lending solution. It allows Tokpie users to do the following:
issue promissory notes to get a loan
settle previously issued promissory notes to unlock collateral
As a result, Tokpiee users can borrow money: stable coins or any other cryptocurrencies. Moreover, a borrower can use TKP and other popular altcoins as collateral with up to 90% LTV ratio. Learn how it works for TKP token now.
Lend and borrow TKP token at fair-market rates, enjoy early repayments without penalties. No KYC and credit checks. Lend and take returns at any time, no minimum deposit, no lockups. Welcome to the new era of cryptocurrency lending based on promissory notes trading!
P2P lending on Tokpie. The new way of token staking.
P2P cryptocurrency lending on Tokpie exchange built on promissory notes trading. Applying to TKP token lending, a borrower issues a TKP promissory note pledged by collateral and sells it on the free market to get a crypto loan. On the other side, a lender buys the promissory notes at a discounted price to get a full principal amount of TKP later and make a profit. In addition, peers can use many other profitable strategies and tactics. Welcome to the new era of token staking!
TKP lending vs token staking
Being based on Promissory notes trading, TKP lending is like token staking but better. Although token staking rewards might be more predictable, TKP lenders can set any interest rates, receive profits and take funds back at any moment. All other benefits are described in the next section.
Peer-to-peer TKP token lending built on promissory notes trading, provides lenders and borrowers with the following unique advantages:
Fair-market interest rates
TKP lenders and borrowers negotiate interest rates through bargaining on promissory notes prices. As a result, peers are always defining fair-market interest rates.
Cancelation at any time without penalties
A lender can cancel a deal at any moment by selling promissory notes that he has previously bought. Besides, a borrower can cancel (settle) his loan at any moment without penalty by buying back a promissory note initially issued and traded.
No minimal deposits and lockups
TKP token staking through lending and borrowing is possible starting from just 1 TKP token. Moreover, there is no need to lockup funds. If a lender urgently needs the money he can just sell promissory notes.
No KYC and credit checks
Tokpie exchange’s users don’t have to pass through the KYC procedure for making crypto withdrawals below $2,500.00/day threshold. Also, borrowers don’t have to prove their incomes and credibility.
The TOKPIE (TKP) is an ERC20 token of Tokpie exchange. Token total issuance is 100,000,000 TKP. The utility value and benefits of having TKP tokens are the following:
500% trade fees discount
Almost 200% discount on withdrawal commissions
Receiving airdrops in altcoins of all listed projects every week
Up to 70% referral bonus
Accepted as means of payment on Tokpie IEO Launchpad
Used as collateral for bounty stakes depositing
Accepted for P2P lending and borrowing 🆕
Ability to increase LTV (loan-to-value) ratio up to 90% for P2P borrowing. 🆕
What is a Promissory Note?
Applying to TKP token, a one TKP Promissory Note is a digital title that confirms the issuer’s promise to pay 1 (one) TKP to Tokpie at the specified maturity date. Tokpie, in turn, will guaranty to pay 1 (one) TKP to any holder of one Promissory Note at the specified maturity date.
A user can issue and sell (to get a loan), buy (to lend), settle before the maturity date or hold until repayment TKP promissory notes. Because of internal circulation, users can not withdraw Promissory Notes from the Tokpie exchange.
How to lend TKP tokens?
To lend TKP tokens and earn competitive returns you need to become a holder of TKP promissory notes. In other words, TKP token lending is the same as purchasing TKP promissory notes as described below:
Maturity refers to the date when a Promissory note principal amount is repaid. For example, a TKP_PN_15_Mar_2020 note will mature on March 15, 2020; the holder will receive the principal amount on that date
After that, click on [BUY], enter quantity, price, and press [SUBMIT ORDER] button.
To make a profit a lender needs to purchase TKP Promissory Notes from other users at a discounted price. As shown in the figure above, a lender is going to purchase 100 Promissory notes at a price of 0.95 TKP per note. The cost of the deal will be 95 TKP (100 x 0.95).
Therefore, the lender will get 100 TKP (1 TKP principle amount x 100 notes) on March 15, 2020, maturity date. The profit will be 5 TKP (100-95); that equals 20.44% APR (Annual interest rate) if the lender holds the promissory notes until March 15, 2020.
In addition, if promissory notes’ prices go up, a lender could sell them in seconds at any time before the maturity date and also make a profit!
TIP: Lenders can set any BID price and bargain in the Order Book trying to purchase at a lower price. It will increase the so-called token staking reward. In other words, the lower purchase price the higher profit a lender will get!
Profit explanation: A lender’s income is calculated as (1- price) x quantity of Promissory notes bought. So, the lower a purchase (matched) price the higher income will be earned. Lend APR explanation: Annual Interest Rate is calculated as (1-price) / price / number of days until the promissory note maturity date x 365 x 100%. Therefore, to maximize returns, the lender should try to purchase a Promissory note with the earliest maturity date and at the lowest price.
How to borrow TKP tokens?
To get a loan in TKP tokens you need to issue and sell TKP promissory notes as described below.
How to Issue TKP promissory notes?
To issue TKP promissory notes perform the following steps:
Select a Promissory Note title. For example, a title TKP_PN_15_Mar_2020 means a TKP token Promissory Note with March 15, 2020 maturity date.
Enter how many Promissory Notes you want to issue. The issue of 1 promissory note is like a creation of a new digital asset that gives its holder a right to get 1 TKP token in the future (future is maturity date e.g. on March 15, 2020). NOTE: You don’t make any loan when issuing promissory notes. Because only you’re the holder of promissory notes which have been just issued.
After that, select collateral cryptocurrency. You can choose ETH, USD or TKP tokens. In the next grey colored fields, you could see the required collateral amount and how much of them available on your balance.
To complete the Promissory notes issue, check a box and press ‘Collateralize & Deposit’ green button.
If you have enough collateral amount, TKP Promissory Notes appear on your Tokpie account balance and you could sell them to get a loan. You could trade promissory notes all at once or partially as any other crypto asset for competitive prices.
TIP: After a successful Promissory notes issuance you also see them in your Collateralized Assets table, click on the hummer icon (as shown in the picture above) to open the related order book and sell.
What is a collateral cryptocurrency?
A collateral cryptocurrency is an asset that can be used as “collateral” for promissory note issuance. Currently, Ethereum (ETH), USDC, and TKP can be used as collateral currency when issuing TKP promissory notes.
What is the collateral amount?
A user sees the required amount of collateral cryptocurrency before promissory notes issuance. The platform calculates it automatically due to the formula: (Quantity x Price / LTV) x 100, where Price is a USD equivalent of the current highest BID of the promissory note that is going to be issued. Quantity is the number of promissory notes which are going to be issued LTV is a Loan-to-Value ratio. LTV ratio varies from 70% to 90% depending on a user’s subscription plan.
How to increase LTV (Loan-to-Value) ratio?
All Tokpie users get Trial status with a 70% LTV ratio when register. To increase LTV ratio up to 90% a user shall upgrade his subscription plan from Trial to the Light, Standard, Premium or Enterprise plan. It will require a specified amount of TKP tokens to be locked on a user’s Tokpie account balance. Check all plans and their advantages here.
How to settle promissory notes before the maturity date?
Open the Borrow section, and click on the settle button in the related line as shown in the picture below. The result, the system unlocks collateral in a few seconds. Moreover, you do not pay any penalty or fees for the settlement made before the maturity date. Important: To settle, you must have the same amount of the same Promissory Note title available on your account balance.
Sell TKP Promissory Notes: click on [SELL], enter quantity, price, and press [SUBMIT ORDER] button.
As shown in the figure above, a borrower is going to sell 100 Promissory notes to lenders at a price of 0.94 TKP per one note.
After clicking on the Submit Order button, a borrower gets 94 TKP (0.94 TKP price x 100 notes) IMMEDIATELY. The potential Borrow APR (Annual interest rate) of that deal could be 24.78% if a borrower waits for a maturity date and repay principal amount 100 TKP on March 15, 2020.
However, a borrower has a great option to settle the Promissory Notes before maturity date at any time and unlock collateral! No, any penalties or fees will be charged for such settlement (early repayment). An early repayment makes sense when a borrower urgently needs to withdraw collateral or when promissory note price goes down. If the price goes down a borrower can purchase the same amount of the same promissory note title and click settle as shown here. The profit will be the difference between the sale and the purchase prices.
TIP: A borrower can set any ASK price and bargain in the Order Book trying to sell at a higher price. In other words, the higher the selling price the lower the borrow APR (cost of a loan)!
How to repay Promissory notes and unlock collateral?
There are two options. The first one is to settle before the maturity date. The second option is to wait for the maturity date. During the Promissory note maturity day, the system will deduct note’s principal amount from the issuer balance automatically. For example, if a user issued 100 [TKP_PN_15_Mar_2020] then 100 TKP will be deducted from his balance between March 15, 2020, 00:01 UTC and March 15, 2020, 23:59 UTC.
What happens if the Promissory notes are not paid?
If on the maturity date, a borrower doesn’t have enough quantity of TKP tokens to pay the promissory notes which he had issued, the system will liquidate collateral.
How to get ETH by borrowing TKP
To get Ethereum (ETH) by borrowing TKP do the following:
APR (Annual Percentage Rate) is the annual rate showing the ‘cost’ of borrowing or ‘profit’ earned through lending. The APR formula is (1-price) / price / number of days until the promissory note maturity date x 365 x 100%. Borrow APR is expressed as a percentage that represents the potential yearly cost of crypto funds if a borrower repays a promissory note on its maturity date. It’s called potential cost because a borrower can settle a promissory note at any time before maturity. Lend APR, equals to borrow APR, but represents the potential yearly income of crypto funds if a lender buys and holds a promissory note until its maturity date. It’s called potential income because a lender can sell a promissory note at any time before maturity. Example: When a borrower receives 0.9 TKP on Dec 15, 2019, by selling a promissory note, that will mature on Mar 15, 2020, he will have to repay 1 TKP in 90 days. The cost of that loan is 0.1 TKP (1-0.9) for 90 days. APR = 0.1 / 0.9 / 90 x 365 x 100% = 45.06%
Small trading fees are applied depending on a user’s subscription plan.
Profitable strategies for TKP lending and borrowing
Promissory notes trading strategy
Take a profit by buying TKP Promissory notes at a low price to sell them at a higher price and vice versa.
TIP: The growing price of promissory notes and plenty of BIDs in the order book is a good sign that the token’s spot price will grow soon on ordinary exchanges.
DeFi strategies to escalate incomes
Additional ways to increase income is to utilize two decentralized-finance arbitrage strategies.
Follow the simple strategy borrow at Low Rate and Lend at High Rate. Institutional traders utilize that approach for decades in classic fiat markets when for example they borrow EUR at a low rate and lend USD at a higher rate because of ECB and FED different interest rates. Therefore, you can catch an option to lend USDC, ETH, or any other crypto at higher APR than a borrowing rate for TKP token on a moment. In that case, TKP will be a funding currency. On the other hand, sometime TKP token lending rates can higher than borrow APR of other cryptocurrencies on any other platforms. In that case, it makes sense to get a loan in another crypto and invest in TKP token lending.
Another option is to make arbitrage by selling (borrowing) Promissory notes in one market with low APR and simultaneously buying (lending) a Promissory note of the same currency with another maturity day on another market at higher lend APR.
Passive income strategies
Above all, users can use simple passive income strategies without funds locking and minimal deposits. Lending TKP is like token staking but better because getting token staking yields always requires locking of funds.
Purchase TKP promissory notes when TKP token lending rates are high.
TKP token lending is especially profitable when TKP price is going to grow
When TKP token is oversold, buy long-duration TKP promissory notes
Regularly lend if you have TKP surplus
Due to constant market fluctuations borrowing strategies could allow you to earn profit and hedge the risks of the TKP token price dump:
Get a TKP loan when borrow APR is low
Borrow TKP if urgently need TKP, USDC or ETH
Sell TKP promissory notes (borrow) if TKP price is going down
When TKP overbought (price is too high) it’s better to borrow it then purchase directly from the market.
In case you face TKP shortage, but can not find enough liquidity, try to borrow TKP instead of pumping the price.
TKP is becoming one of the best staking coins thanks to the unique P2P lending solution based on Promissory Notes trading. Borrowers can get instant loans from peers with fair-market rates, trade them or repay at any time without penalties. They also don’t have to pass through KYC and credit checks. Moreover, the ability to take funds with returns at any time and the absence of minimum deposit makes TKP lending better than any other token staking.
Who knows how to make the most powerful decentralized exchange? John McAfee does know it 100%.
The latest John McAfee’s blockchain venture, McAfeeDEX is a mega-hyped decentralized exchange. Moreover, it is offering a free listing for Eethereum-based tokens. These facts could make this exchange a Forkdelta killer in the near future.
Besides, McAfeeDEX has already passed the CoinMarketCap phase #1 exchange listing process. It means that all ERC20 altcoins listed on McAfeeDEX will automatically gain traction on CMC sooner or later.
Hence, the Tokpie team has decided to list the TOKPIE (TKP) token on McAfeeDEXwithout hesitation. The following pairs are available:
Enter your token smart contract’s address, ticker (symbol), and decimals in the next window
Click on Confirm
Also, enter the promo code ‘mac‘ here to get listed your token for free on Tokpie exchange (optional). 🎁
Additional trading pairs on McAfeeDEX
It is possible to trade ERC20 tokens against Ethereum (ETH) and other additional stable coins. Currently, the following quote currencies (stable coins) are available:
DAI is a decentralized stable coin based on the Ethereum ERC20 standard. Every DAI is pegged to $1 USD.
WBTC is an ERC20 token wrapped by Bitcoin. This is the first Eethereum based backed 1:1 with Bitcoin.
BUSD is an invention of the Binance exchange and Paxos Trust Company. One BUSD represents one US dollar-backed stable coin.
TUSD is a symbol for TrueUSD token, a price-stable cryptocurrency pledged by US Dollars. The TrustToken, a platform issued TUSD, is aiming to tokenize real-world currencies (USD, Yen) and valuable assets (real estate, art, and IP).
What is TKP
TKP is a token of Tokpie exchange. It’s a first-ever cryptocurrency exchange that provides Bounty Stakes Trading service. Tokpie users can trade, earn and invest as never before. Moreover, holders of TKP can benefit through 500% trade fees discount, regular airdrops, and many other perks and bonuses.
What is McAfeeDEX
McAfeeDEX is a decentralized exchange. It’s based on Ethereum blockchain and backed by John McAfee. To make trade deals you can be a resident of any country. Traders don’t need to provide any documents and emails. The exchange works in a completely decentralized way. The Takers pay 0.25% transaction fees. At the same time, Makers don’t pay anything.
Please note that at the moment of writing this article, McAfee’s exchange is on beta testing. Therefore, some functions e.g. price chat displaying or balance updating may work weirdly. In addition, Coingecko currently doesn’t support McAfee exchange.
Get back TKP collateral at any moment before bounty distribution or 48h after.
To get back TKP collateral tied during PGPAY bounty stakes depositing, use one of the following options:
Get collateral back BEFORE bounty distribution
It’s possible to return PGPAY bounty stakes, which you had previously deposited at any time before PGPAY tokens distribution to bounty hunters.
How to do that? 1. Open Collaterelize Asset page 2. Find the line with the bounty stakes which you want to settle 3. Click on [settle] button as shown in the screenshot below.
The result, the same amount of previously collateralized and deposited bounty stakes will be deducted from your Tokpie account balance. At the same time, the tied TKP tokens will be released.
IMPORTANT: Make sure that you have the same stakes available on your balance in the same amount. If you don’t have, then close all opened orders or buy these stakes in the related market.
Get collateral back AFTER bounty distribution
If you don’t do as described in the 1st option above, then Tokpie sends you an email notification containing the following information:
amount of PGPAY tokens that you must send to Tokpie. It’s calculated as stakes-to-token conversion rate x the number of unsettled bounty stakes;
a wallet address to which you must transfer this amount of PGPAY tokens.
NOTE: – Tokpie sends such email notification only after PGPAY tokens are distributed to all bounty hunters. After getting email notice, you will have 48 hours to send PGPAY tokens; – After a successful transfer, you will get back TKP tokens previously tied as collateral and your obligation will be settled automatically;
What if bounty campaign fails
If PGPay bounty doesn’t distribute PGPAY tokens to bounty hunters for any reasons (a failed project) then Tokpie returns TKP collateral to a user who has collateralized and deposited PGPAY bounty stakes, due to the formula:
TKP pledged as collateral - TKP tokens already obtained by a user from selling the related bounty stakes
NOTE: – By clicking on the links above you can sell/buy at any price you want, check the market depth, view current bids, asks, last matched prices and price charts; – You may sell and buy PGPAY bounty stakes only until PGPAY token distribution event that is planned on February 21, 2020; – You can check all bounty stakes prices at any time without registration; – The following trade fees are applied.
Get Ethereum (ETH) and USDC.
You can get ETH or USDC at any moment by selling (if want) TKP in the following order books:
Get bounty stakes on your Tokpie account balance in three steps.
Open collateralization page
After signing up or logging Tokpie, Open Collateralize Asset page, and select bounty stake type that you want to deposit.
The following PGPAY Bounty stakes are available for collateralization and depositing:
Enter how many bounty stakes you want to deposit.
You can deposit any quantity of bounty stakes starting from 0.01 stakes. It doesn’t matter whether you have earned bounty stakes or not! In the grey fields, you can see how much TKP tokens are required for collateral and how much TKP you have on your Tokpie account balance. Important: if bounty fails Tokpie returns collateral to you!