Discover the so anticipated UX/UI update on Tokpie exchange. Look at the fresh and modern user interface that’s coming.
Tokpie is getting a UX/UI deep refresh in few months with many new useful features. Moreover, with the new interface, users will get a mobile version of the exchange. In this post, Tokpie’s developers will be sharing the upcoming improvements. So, look below to preview the re-design pages. Also, find brief explanations. Don’t forget to open that article tomorrow because the team will be uploading new mockups regularly.
Sign up page
The starting page will look much better – isn’t it?-)
The new main page will become much more user-friendly than it’s now. Also, look at the Tokpie mobile version below.
Also, users could see USD equivalents of all their assets and $ total balance.
Simultaneously, the Market page will get a rearranged columns, icons, and a straightforward button to trade. Moreover, having pairs sorted by volume, users could easily find the most liquid assets. Alternatively, they could use a searching bar.
The order book (pair)
The new order book will become much more nice and useful than it was. Also, a user will be able to delete his orders (BIDs and ASKs) just from the Order book panel by clicking on a cross element (right upper corner). Moreover, full stats about opened orders, trades, and funds will be visible below the price chart.
The new mobile version allows users to do all operations by using any mobile phone (even the oldest and cheapest devices). Moreover, a user doesn’t have to download an app from Google Play or App Store. Therefore, people get full freedom.
More images of new designs for the desktop and mobile versions are coming. So, stay tuned for the update.
Learn more about the Coincodex cryptocurrency tracker. Also, find a guide on adding your token into Coincodex’s list of assets at no cost.
Thanks to our previous guides on adding a token to Trezor, MEW, updating circulating supply, and enabling Bank Cards purchases, your crypto asset became more attractive. So, please don’t stop making it better. Today, you’ll learn how to add token into Coincodex. Also, read below to learn more about Coincodex’s advantages.
How to add token into Coincodex?
Please find an ultimate guide on how to add a token to the Coincodex below. Note that adding crypto assets is free.
1. Check Exchange
To add the coin into the Coincodex, the first that you should do is to find an exchange. So, check that Coincodex supports the Exchange that lists your token. Enter the name of the Exchange into the searching bar (image below). If the exchange’s name is there, proceed with the 2nd step. But, if you can not find it, then list your token on Tokpie exchange. Coincodex supports Tokpie. So if your altcoin is tradable on Tokpie, you can quickly get listed on the Coincodex tracker.
2. Fill in the Coincodex’s form
Adding tokens to Coincodex’s list of assets requires filling the form. So, open Coincodex’s request form. Then fill it due to the step-by-step instructions.
Enter basic information
Enter your project’s email.
Write your coin name.
Enter your coin’s symbol (ticker).
Insert the link to your token’s logo. Note that the logo must be 200×200 pixels and in png format. To get the link, upload the logo here.
Project description and markets
Enter a short description of your project.
Place the link to your project’s website.
Insert the whitepaper’s link; if you don’t have WP, then put a link to your project’s FAQ section.
Enter your token’s market pair(s). For example, Tokpie (BMC/USDT): https://tokpie.com/view_exchange/BMC-USDT Tokpie (BMC/ETH): https://tokpie.com/view_exchange/BMC-ETH. Note that the Exchange (s) must be in Coincodex’s list. Check it by searching an exchange on the search bar (screenshot above).
Insert the total token supply.
Token’s Circulating supply and price
Enter the API URL that shows the total token supply in real-time. If your token runs on the Ethereum blockchain, replace the contract address with your token’s address in that link: https://api.etherscan.io/api?module=stats&action=tokensupply&contractaddress=0xd945d2031b4c63c0e363304fb771f709b502dc0a&apikey=PTIF71ZQI6RWCQYP6HR5YQ4B6Y6JRKPPGJ.
Insert circulating supply. The best decision is to enter a 100% circulation supply that usually equals the total token supply.
In the “Circulating Supply API – enter URL” field, place the same link that you used in the Total Supply API field.
Enter your ICO price. If you did not make ICO/IEO, insert the initial token price you had on the listing date.
Select the release date that is the day when you made the first transaction with your crypto asset.
Enter the platform name. For example, it can be Etherscan.
Check the box (or boxes) with your token’s standard. For instance, it can be ERC20. However, you can select more than one standard. It’s beneficial when your token runs on both networks like BEP20 and ERC20.
Click on the Next button
Social channels’ links
On the next page, enter the links to the project’s social channels. Although that is not a strict requirement, it’s better to enter as many links as possible. For example, you may enter Facebook, Twitter, Reddit, Telegram, Bitcointalk, Github.
Enter the link to your token address in the Explorer field.
Fill in the last field – “Other.” Enter the links to your project’s social channels that you might have but could not include in previous steps.
Click on the Submit button. That’s it.
How to update market pairs on CoinCodex?
If you found that your token has already been listed on CoinCodex, but without all market pairs then update it. So, to update market pairs write an email message to email@example.com by using your official email. Use the template text below.
What’s the Coincodex?
The CoinCodex is the cryptocurrency tracker that aims to be the window into the world of coins and tokens. Also, it’s collecting real-time prices and historical charts from more than 300 exchanges and for over 7,000 coins. Moreover, users can create a watchlist for favorite crypto assets. Also, the tracker is mobile compatible and has app versions (for Android and iOs). Finally, thanks to the Portfolio feature, any person can make personalized traction.
Therefore, using a portfolio, a person can monitor which of his crypto investments performs the best in real-time and compare it with other crypto holdings. So, the crypto portfolio is a mighty instrument that allows users easy cryptocurrency tracking in one place.
So, if you want to stay in the crypto business for a long time, use every option to promote your token. Do it, especially when that option is free of charge. Therefore, don’t wait. Fill in Coincodex’s form now. As a result, your altcoin appears in one more tracker. Always increase awareness. It’s never too much.
Discover how to provide your users with the Visa, MasterCard, and Apple Pay payment methods for purchasing your project’s tokens.
Every day thousands of people are starting to investigate crypto first time. And some of them come on your project’s web page. But they are newbies that don’t have ETH or USDT to purchase your token. That’s a problem. Fortunately, most of these newcomers have bank cards so that they could buy your altcoin for local fiat currencies. Today, you will know about two solutions that allow your website visitors to buy your project’s tokens with a bank card or Apple Pay. The first one is a simple and free solution that takes 4 hours to implement. The second solution is quite expensive, but it’s more suitable for projects with high market caps.
Two ways to add bank card and Apple Pay as purchasing options
There are two ways to provide your website’s visitors with the opportunity to buy your project’s tokens with a bank card and Apple pay. The first way is available at no cost and easy to implement. The second way allows your users to purchase your coin on your site or in your app directly but costs money. Continue reading to learn more about each solution.
How to add bank cards and Apple Pay payment options at no cost?
To add bank card and Apple Pay payment options to your website, follow three simple steps:
List your token on Tokpie exchange. Thanks to partnering with Simplex (global fiat infrastructure to enable secure credit card processing for the crypto industry), Tokpie is eligible to sell crypto with bank cards.
Ask the Tokpie team to add bank cards and Apple Pay payment options. It’s free of charge. Look at a real-life example of this solution provided to the UZE token.
Add a button on your website’s main page and Link that button to the bank card payment option. Look at an example (image below).
Note that you can add Visa, Mastercard, and Apple Pay logos if it’s suitable for your web design.
How to add my token into the Simplex bank card processing widget?
To add your project’s token into the Simplex list of crypto assets available for purchase with a bank card and Apple Pay, do the following steps.
List your token on at least three exchanges from the TOP30 due to the CoinMarketCap’s rank.
Add your token on CoinMarketCap and make sure that it has a market cap above $100M due to CMC. It’s important because the cost of integration with Simples depends on your market capitalization.
Be ready to pay a listing fee to Simplex. The price depends on your coin’s market cap as follow:
Note that Simplex can recoup the payment in full or partially against Simplex’s fees after six months of selling the coin.
Despite the high fee, the benefits of such integration are enormous. It allows exposing your coin to hundreds of millions of users worldwide on hundreds of exchanges and wallets, including Binance, KuCoin, Poloniex, OKEx, Huobi, Bithumb, Abra, Trust, BRD, Changelly, and many more. Moreover, you will get an immediate impact on coin valuation. For example, Deep Coin (DEP) and Tron (TRX) have got 68% and 57% price growth, respectively, since one week after integration.
What are the advantages?
After integration, your users can choose to purchase your Token with Bank Card that can be Visa, MasterCard, debit, or credit card. Also, they can use Apple Pay at checkout. Moreover, with 45% of Americans owning an iPhone, it’s safe to say that Apple Pay is the popular choice for millions.
To alert the maximum number of users to this exciting addition, we suggest placing the Apple pay logo (alongside Visa and MasterCard) on your website. Tokpie takes care of all the back-end work. Give us a shout that you want us to turn it on.
Cryptocurrency adoption is growing. So many new people (your potential token-buyers) are coming into the market. But these newbies don’t have crypto to purchase your coin. Therefore, having the bank card and Apple Pay buying options on your site is essential. It will be supporting the demand on your project’s token forever. Moreover, it allows making quick emotional sales. If you want to integrate that solution today, contact us at firstname.lastname@example.org. The Tokpie team will help you and guide you on every step.
Discover what’s the circulation supply of your token. What advantages can a high circulation supply bring to your project. Find a full guide on how to improve your token circulating supply.
If you’re the owner or CEO of a blockchain startup, you should take care of your token circulation supply. But what is the token circulating supply? Why is it so important? How to change the circulation supply of your cryptocurrency on Coingecko? This article explains everything.
In simple words, a Circulating
supply is the free float of your project’s cryptocurrency. Another definition
is the number of your project’s tokens that people can buy and sell on
exchanges’ spot markets right now.
What is the circulation
Simultaneously, the Circulating
supply formula can vary depending on the tokenomics of a project. In general,
there are two types of tokenomics. The first is when a company creates a fixed
amount of tokens. The second one is when a company issues coins whose total
supply can vary in the future.
Fixed total supply of tokens
90% of projects issue a strict
amount of tokens without any possibility to generate new coins in the future.
In that case, the Circulation supply formula is as follow:
Circulating supply = Total Supply - Team & foundres' tokens - Treasury tokens - Locked tokens
Important to note that potential
token-buyers prefer to have coins whose price will not be affected by
additional token supply.
Flexible total supply of tokens
The second type is when a project
creates mintable cryptocurrency. So, the total supply might be increasing or
decreasing in the future due to the smart contract conditions. In this case,
the Circulation supply formula is quite simple:
Circulating supply = Total Supply
Why is circulation supply so important?
It’s hard to overestimate the importance of the circulation supply. It affects the market capitalization of your project and rank on coin trackers. A high rank on trackers, in turn, automatically attracts potential buyers, users, and partners into your project. Moreover, a high circulation supply inspires current and future token-holders to keep your cryptocurrency.
It’s important to note that the
circulating supply only works when trackers display it. So it doesn’t matter
what you state on your project website about total and circulation supply.
How to improve market cap with circulating supply?
Obviously, to increase your
cryptocurrency market capitalization, you should increase its circulating
supply reported by trackers if your token price is stable then, the higher your
token’s circulating supply, the bigger its market capitalization.
How to increase the rank of my cryptocurrency?
There are many ways to increase the rank of your cryptocurrency. But, the most efficient way is to increase your circulation supply. Look at the list of coins on Coingecko. As you see, the higher the market cap (token circulating supply x price), the higher the rank of a coin. Therefore, to move up your token’s position, first, you should take care of its circulating supply.
Moreover, with your coin’s rank
increasing, more and more people will be noticing your project. It will
increase your website’s organic traffic, the number of new token buyers and
Does circulation supply inspire token buyers?
In addition to the above, a high
circulation supply inspires token holders and potential buyers. Why? It’s
straightforward. Investors prefer to have cryptocurrency which price will not
be affected by a suddenly increased supply. So, a priory, cryptocurrencies with
a high percentage of circulating emissions are more attractive for
If you have just added your token on Coingecko, then it appears in the Recently Added Coins List. Now, imagine you’re an investor and ask yourself: “what line would I click to learn more about the project – a line with a question mark or a line that states a market cap”? The answer is obvious. So, don’t lose a chance to get free traffic and buyers – update your token’s circulation supply (CS) as soon as possible. Read the next paragraph to know how to update CS for your cryptocurrency.
How can I change the token circulating supply on CoinGecko?
The process of updating your
token’s circulation supply has three stages and can be very time consuming,
especially if you don’t know how to fill the form (step 1). So if you don’t
have time or enough experience, reach our team at email@example.com so that we
could help. Otherwise, perform the following steps by yourself.
1st Step: Preparing Token Distribution Details
Remember that this is an
essential step. So, if you don’t know how to fill it correctly, ask for help
here firstname.lastname@example.org. During this stage, you need
to create the table in a required format, fill it with information and get a
sharable (public) link.
Creating a table
By using your project’s official
email address, create a copy of this template in google
Filling in the table with token distribution details
After creating a table from a
template, fill it with the information about your token distribution. Remember
that this is a crucial step. So, if you don’t know how to fill it correctly,
ask for help here email@example.com.
Getting a public link to the spreadsheet
After filling the table, get a
public link on it in your google docs interface. You will need this link ready
to complete the 4th Step later.
By using your project’s official
email address, send an email message to CoinGecko. Find the message template
“Hello, kindly update our circulation supply on the [your token symbol] token page: [link to your token page on Coingecko].
Here is the Google Sheet link to the supply distribution data: [public link to the table you prepared in the 1st Step above].”
4th Step: Waiting and replying to CoinGecko’s questions
After you completed steps 1-3, wait for a reply from CoinGecko. In most cases, they ask you to clarify some information about your token supply. So, to pass this stage smoothly, make sure that you filled thedistribution spreadsheet correctly. Coingecko will update your token circulation supply, market capitalization, and rank 48-72 hours if everything is fine.
The bottom line
It’s hard to see when blockchain startups’ owners and directors ignore the circulation supply factor — such a vital aspect of the cryptocurrency business. The increase of token circulating supply opens the unlimited, straightforward, and forever free road to new token buyers and users’ flow. So, don’t wait; use this guide to stand out your cryptocurrency from coins of lazy owners.
At that moment, when you make a withdrawal, the transaction gets a ‘processing’ status.
Moreover, the system now processes all deposits automatically. That process usually takes up to 2 hours.
Bounty Analyzer update
Tokpie website visitors can now hide finished bounties on the Bounty Analyzer tool. By default, the checkbox “Hide finished” is turned on. However, if you need you can click on it to turn off. Also, we updated the description of how the analyzer works.
Road map update
You can now see the main Tokpie’s plan for the year 2020. However, because of the rapid market changes, some additional goals and achievements might be added.
Integration with DAI
Thanks to the cooperation with the MakerDAO, Tokpie has become a custodial exchange for the DAI stablecoin. The next step will allow users to lend and borrow DAI in a peer-to-peer way on Tokpie.
Lend and Borrow stats improvement
To simplify the lending and borrowing, you can now watch all Annual Percentage Rates (APR) in real-time. By clicking on any line (screen below), a lender or borrower opens the related promissory note’s order book.
Aiming to get Tokpie exchange listed on CMC, we added one of the five API methods. Now the full order book for any trading pair is available. Example. Moreover, we made a public API more resistant to the DDoS attacks. Additional API methods are coming.
Bank cards integration
Because of the partnering with Simplex, anyone can now buy bitcoin with a credit card. Furthermore, users can purchase popular crypto with debit, credit, MasterCard, and Visa cards.
Check out the most recent Tokpie’s updates and improvements.
Crypto Bounty Analyzer improvements
We had optimized Bounty Analyzer for the search engines. In addition, we have added the description of the main terms that help users to understand how the Analyzer works. Thanks to that, the Bounty Analyzer is now featured on top of Google’s organic results in a box as a featured snippet. Being featured means getting additional Tokpie brand exposure in search results.
Bounty stakes depositing update
Bounty stakes depositing rules have slightly changed. The system as usual locks some amount of TKP on a user’s account as collateral. Previously, the amount of TKP collateral was based on the current best bid price due to the formula: Best bid price x Quantity x Collateral rate.
However, starting from now, the collateral amount is based on a base price that is set by Tokpie. So, the new formula is Base price x Quantity x Collateral rate. Check the updated Rules here.
The search field on the balance page
To allow Tokie users to easily find a required cryptocurrency or bounty stake title, we have added the search field on the balance page. Simply start typing a project name of a crypto-asset symbol to find it instantly.
“Lend” in the toolbar
We added the “Lend” element into the left toolbar. It will increase awareness about Tokpie’s P2P lending tool. So, more people could lend their cryptocurrencies and earn returns.
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.
Crypto Bounty Stakes Trading allows to get ETH, USDC for bounty work immediately and upfront. No need to wait many months before receiving unpredictable reward.
Help to sell and buy bounty stakes.
Forget about hard manual work aiming to find out how much money you could earn by participating in crypto bounties, selling and buying bounty stakes. Introducing, Crypto Bounty Analyzer – an automated and free bounty analysis tool.
Сatch the best moments to sell and buy bounty stakes. Find the most profitable crypto bounties to join. Save your time every day!
The tool analyzes all bounty stakes listed on Tokpie exchange to provide the following:
The related project name and website link
Bounty stakes title as it used on Tokpie exchange
The market where the bounty stake is traded
Bounty pool allocation percentage applied to a bounty campaign and to each bounty category
The number of a listed project’s tokens allocated to a bounty campaign and to each bounty category
The number of bounty stakes which have been already earned by all participants due to related bounty spreadsheets
The forecasted number of bounty stakes that would be probably earned by all participants at the end of a campaign
The forecasted number of tokens which would be probably given for 1 bounty stake in the future
The current highest bid price of 1 bounty stake
The forecasted market capitalization of a project and every related bounty stake. This is the main parameter that allows you to find the most undervalued or overvalued bounties for joining them, buying or selling stakes
Automated recommendation to buy or sell
Links allowing to earn, deposit and trade the related bounty stakes
The approximate day when the trading will be stopped
Problems it solves
The Crypto Bounty Analyzer is an absolutely unique solution. Being filled with dozens of different projects’ bounties, it solves the core problems of bounty hunters, traders, investors, and crypto projects.
Bounty hunters problems
It’s hard to know what is the best bounty to join;
It’s hard to decide: keep bounty stakes and get the related tokens later or sell them now to get Ethereum, USDC, and TKP.
It’s impossible to know what is the transparent (market valued) capitalization (a token price) of a project on early stages;
it’s hard to stand out a project from hundreds of others and promote its token sale
It’s hard to avoid token price dump caused by bounty hunters selling tokens after distribution at any (low) prices.
Learn how crypto projects can boost token sales and avoid price dump thanks to the Bounty Stakes Listing.
Crypto Bounty Analyzer provides up-to-the-minute updates for all market data found on the Tokpie exchange. Every three minutes, all order books where bounty stakes traded are queried for their most recent market data. Here is a detailed description of how each metric is calculated.
Find advantages of Bounty Stakes Listing 2.0 and how it helps to sell your tokens.
Learn how to boost your tokens sale and list your token.
How to increase your token sales
To increase the sales of your token, avoid price dump, and get listed for FREE apply for Bounty Stakes Listing 2.0. As a result, you will quickly stand out from many hundreds of other crypto projects.
Boost bounty, community, and token sale
Many new hunters will join your campaign. They will be attracted by the possibility to exchange bounty stakes for ETH, USDC, TKP upfront and immediately. This option will stand out your project from hundreds of others.
Also, Tokpie promotes your project through all its media channels and direct emails targeting 10,000 Tokpie’s users.
Moreover, you get listed on Bounty Analyzer to find out your forecasted market cap (and token price)
Avoid token price dump
Bounty Stakes Listing 2.0 decreases the risk of price dump by 90%. Impatient hunters get the option to sell their bounty stakes before token distribution.
Simple and fast promotion
Tokpie and project make one cross announcement. There is no additional integration work from the project’s side.
Ability to get service at the earliest possible stage (minimal requirements to project quality).
Free token listing
When the bounty campaign of a project is over, Tokpie lists a project’s token on the TKP market for free. As a result, a project token automatically appears on CoinGecko and Coinpaprika (and on Coinmarketcap soon). Note: TKP is the token of Tokpie exchange, like BNB for Binance.
How it works
Tokpie and a project publish acrosslinked announcement;
Then, Tokpie lists a project’s bounty stakes in the TKP market. For example, [ABC_stake_facebook / TKP], [ABC_stake_siganture / TKP], and so on, where ABC is the name of a project.
After that, any person can sell and buy these bounty stakes for TKP tokens. People can exchange TKP tokens for ETH and USDC on Tokpie in seconds, at any moment!
When a bounty is over, those people who were selling bounty stakes of the ABC project shall deliver the related amount of ABC tokens to Tokpie. The Tokpie, in turn, delivers these ABC tokens to those who were buying ABC bounty stakes.
When the possibility to earn passive income from token staking is closed, the temptation to sell this token grows.
Another problem is that a person having TKP or ETH can face an urgent need for money.
To deposit and sell bounty stakes under Bounty Stakes Trading 2.0, hunters will have to pledge TKP tokens as collateral. But what if TKP price is too high and a bounty hunter doesn’t want to buy it.
To solve all the above problems simultaneously, Tokpie introduces a p2p lending solution. It will allow TKP holders to earn income through TKP lending to other people, which need money quickly.
P2P Lending Solution
Any holder of any TKP amounts could lend them and start earning income.
Any person could borrow TKP tokens, use them or sell immediately to withdraw ETH, USDC or any other listed cryptocurrency.
Lenders and borrowers will be able to negotiate any interest rate by bargaining on price in the related Order Book. The result, fair-market lending interest rates will be defined by people (Figure 2 below).
P2P lending will be based on the same mechanics which are used for collateralizing and asset trading on Tokpie.
Users who want to borrow shall deposit (issue) a Promissory Note by providing TKP or ETH as collateral (Figure 1 below).
The following sale of Promissory Note to lenders gives money to a borrower.
To help borrowers and lenders to make the right decisions, an Annual Interest Rate will be automatically displayed before trade order submission (Figure 2 below). Annual Interest Rate will be calculated due to the formula: (((1-matched price)/matched price)/days until the promissory note expiration)*365*100%
Users who want to lend and earn interest income shall buy a Promissory Note with a discount.
By buying Promissory Note lenders earn incomes due to the formula: (1-matched price)*amount of Promisory notes bought. So the lower a purchase (matched) price the higher income will be earned. Annual Interest Rate is calculated in the same way as stated in clause 5.2 above.
One Promissory Note (PN) is a digital title that confirms the issuer’s promise to pay 1 (one) TKP to Tokpie at a specified date. Tokpie, in turn, will guaranty to pay 1 (one) TKP to any holder of one Promissory Note at a specified date.
Promissory notes in circulation will have different times of repayment. For example, a day of repayment (execution) for Promissory Note title [TKP_PN_15APR2020] will be April 15, 2020.
People could deposit (issue) any quantity of Promissory Notes depending on the amount of collateral pledged.
Promissory Notes could not be withdrawn, but they could be issued, sold, bought, settled (repaid) or held on balance until execution day.
Examples of use case
Alice wants to borrow 95 TKP on January 15, 2020, and willing to pay back 100 TKP in three months.
She deposits (issue) 100 Promisorry notes [TKP_PN_15APR2020] by providing 300 TKP as collateral. See an example in Figure 1 below.
She opens the related order book [TKP_PN_15APR2020] / [ TKP ] and submits a trade order to sell 100 [TKP_PN_15APR2020] for the price she wants. Let’s assume that she wants to sell 100 promissory notes for the price of 0.95 TKP per one. See an example in Figure 2 below.
If any lender e.g. Bob submits a purchase order for the same price (95 TKP), then Alice receives 95 TKP (0.95 x 100) on her balance. At the same time, Bob receives 100 promissory notes. See an example in Figure 2 below.
If Alice doesn’t settle her obligation earlier, then Tokpie will deduct 100 TKP from Allice’s balance on April 15, 2020, to auto-settle her obligation and release her 300 TKP frozen as collateral.
One of the greatest features is that Allice can buy back Promissory notes [TKP_PN_15APR2020] to settle her obligation and release collateral at any time before April 15, 2020. Moreover, she can even try to buy them for a much lower price than she sold before to decrease expenses.
Bob has 95 TKP on January 15, 2020. He wants to earn 5 TKP in interest income for the next three months.
Bob opens the related order book [TKP_PN_15APR2020 / TKP ] and submits a trade order to buy 100 [TKP_PN_15APR2020]. He can set any price he wants! Let’s assume that he buys 100 promissory notes for the price of 0.95 TKP per each. See an example in Figure 2 below.
The result, Bob receives 100 promissory notes and pay 95 TKP for that.
If Bob doesn’t sell the promissory notes earlier then Tokpie will automatically top-up his balance with 100 TKP on April 15, 2020, and deduct 100 Promissory notes.
The result of that trade Bob will earn 5 TKP or 21.34 annual income as shown in Figure 2 below.
Moreover, Bob can sell the Promissory notes for any market price (e.g. higher than 95 TKP ) at any time before April 15, 2020.