The following bounty stakes of Easy Feedback (EFT) Round 2 Bounty are available for collateralization and depositing: – EFT_CA_Stake_R2_Telegram – EFT_CA_Stake_R2_Twitter – EFT_CA_Stake_R2_YouTube – EFT_CA_Stake_R2_Facebook – EFT_CA_Stake_R2_Blog – EFT_CA_Stake_R2_Signature – EFT_CA_Stake_R2_Translation – EFT_CA_Stake_R2_LinkedIn – EFT_CA_Stake_R2_Reddit – EFT_CA_Stake_R2_YoutubeEngnt
For example, select [EFT_CA_Stake_R2_Twitter] as shown in Figure 1, if you have a Twitter account and could earn EFT Twitter bounty stakes in the future.
2. Enter how many stakes you want to deposit.
You can enter any amount of bounty stakes depending on how many TKP tokens you have for collateral.
For example, if you’re able to earn 20 stakes per week in the Twitter category, then enter 80 (20 x 4 weeks) as shown in Figure 1.
3. Click on the [Collateralize & Deposit] green button.
The result, a new line appears in the Collateralized Asset table as shown in the Figure 2 example. It means that the collateralized amount of bounty stakes were deposited on your Tokpie account balance and you can sell them to get TKP, ETH or USDC.
Know how to get Ethreum (ETH), USDC and TKP in seconds by selling all your bounty stakes before earning them.
Update: The trading of EFT bounty stakes (Round 2) has been finished on January 04, 2020.
Everyone who holds EFT bounty stakes (Round 2) on his Tokpie account balance after JAN-04-2020 will receive EFT tokens in the end of 2020 due to the Conversion Rates stated below:
Here are the Round 2 EFT bounty stakes Conversion Rates:
One EFT_CA_Stake_R2_Blog = 3571 EFT
One EFT_CA_Stake_R2_Facebook = 15 EFT
One EFT_CA_Stake_R2_LinkedIn = 121 EFT
One EFT_CA_Stake_R2_Reddit = 1101 EFT
One EFT_CA_Stake_R2_Signature = 3655 EFT
One EFT_CA_Stake_R2_Telegram = 302 EFT
One EFT_CA_Stake_R2_Translation = 4831 EFT
One EFT_CA_Stake_R2_Twitter = 73 EFT
One EFT_CA_Stake_R2_YouTube = 2907 EFT
One EFT_CA_Stake_R2_YoutubeEngnt = 2778 EFT
Tokpie cryptocurrency exchange continues to revolutionize the bounty common practice thanks to the new Bounty Stakes Trading 2.0 solution!
Thanks to everyone! It was a great opportunity to get money immediately for the Easy Feedback Round 2 Bounty work. All participants could earn ETH, USDC, and TKP even in advance by following three simple steps described below.
Deposit bounty stakes long before you have earned them.
Deposit any amount of Easy Feedback Round 2 Bounty stakes before you have earned them, as explained here. Now it takes a few seconds!
Get cash immediately by selling the deposited bounty stakes.
Get cash (TKP, ETH, USDC) immediately by selling the deposited bounty stakes for any price you want as shown here. You can also buy any listed bounty stakes to get the EFT tokens after distribution.
Settle your obligation.
Settle your obligation as described here, by giving back the bounty stakes or providing the related EFT bounty tokens.
Q: How Bounty Stakes Trading 2.0 solution differs from original Bounty Stakes Trading? A: By usingBounty Stakes Trading 2.0, a bounty hunter can deposit bounty stakes long before he will see his stakes in the bounty spreadsheet. Also, the process of depositing takes just 5 seconds and doesn’t require any additional actions. Moreover, any user can deposit and sell bounty stakes if he believes that their price will be decreasing in the future, then buyback for a lower price to get a profit.
Asset collateralization allows Tokpie users to deposit bounty stakes in seconds and upfront.
To understand the process of collateralization, read the following rules.
Asset is any digital asset that could represent specified bounty stakes of a particular project which are listed on Tokpie exchange and available for trading
Base price is an Asset price set by Tokpie and used in calculations of collaterals.
Bounty campaign is a marketing program aiming to promote a specified project where hunters can earn a project’s tokens.
Bounty stakes are the points which are used as the means of evaluation of bounty hunter’s performance during a project’s bounty campaign. Every bounty stake represents the right to receive a project’s tokens in the future when stakes-to-token conversion rates are being defined.
Bounty Stakes Trading 2.0 is an alternative way to deposit and trade bounty stakes on Tokpie exchange.
Collateral is the specified amount of TKP tokens pledged as security for obligation settlement. If a hunter fails to settle his obligation then he loses the corresponding collateral.
Collateralization is the process of depositing bounty stakes on a user account balance and locking the corresponding amount of TKP tokens as collateral.
Collateralize is an action leading to the depositing of particular bounty stakes on a user account balance after locking the corresponding amount of TKP tokens as collateral.
Depositing is a process resulting in appearing bounty stakes on a user account balance.
Hunter is a bounty hunter or bounty participant who is engaged in a Project’s bounty.
Obligation Settlement is the process of unlocking TKP collateral that was initially used for the asset (bounty stakes) depositing.
Project is a cryptocurrency startup, ICO, STO or a company that runs its bounty campaign and whose bounty stakes are listed on Tokpie.
Project’s tokens are any altcoins (tokens or coins) issued by a Project and used to reward bounty hunters who participate in Project’s bounty campaign.
Settle is an action leading to the withdrawing of particular bounty stakes from a user account balance and unlocking the corresponding amount of TKP tokens initially pledged as collateral.
Stakes-to-token conversion rate is a rate that defines how many tokens are to be distributed to a bounty hunter for the number of stakes earned in a specified bounty campaign.
TKP is an ERC-20 token issued by Tokpie exchange that provides its holders with the following benefits.
Tokpie is a cryptocurrency exchange that provides its users with the unique bounty stakes trading service.
Banof a user can happen if a user(s) make wash trading.
1. Collateralization and Depositing
A user has an option to deposit bounty stakes, which are listed on Tokpie exchange under Bounty Stakes Trading 2.0 solution. To make such depositing a user shall provide collateral in TKP tokens. The size of the TKP collateral is calculated due to the formula:
Base price x Quantity x Collateral rate
Where, Base price is the price of a stake set by Tokpie, Quantity is how many stakes you want to collateralize and deposit, Collateralrate is a number from 1.4 to 3.0 that depends on your price plan. The following collateral rates are applied: Trial plan: 3, Light plan: 2.5, Standard plan: 2, Premium plan: 1.8, Enterprise plan: 1.4. It means that a user having Enterprise status gets the lowest 71.4% LTV (Loan-to-Value Ratio).
Tokpie freezes TKP tokens pledged as collateral on a user account balance automatically when a user clicks on [Collaterilize & Deposit ] button here. At the same time, Tokpie depositing the corresponding amount of bounty stakes on a user account balance.
To get back TKP tokens pledged as collateral, a user shall settle his obligation as described below.
2. Obligation Settlement
Settlement before a project’s token distribution. A user has an option to return bounty stakes, which he had initially collateralized and deposited at any time before the token distribution event. If a user had already sold these bounty stakes, then he can buy the required amount in the related market here before the project’s token distribution to the bounty hunters.
Settlement after a project’s token distribution. Alternatively, a user has an option to settle his obligation regarding the initially collateralized & deposited bounty stakes by providing Tokpie with the related project’s tokens. The number of a project’s tokens to be provided is defined in accordance with the formula (unless otherwise stipulated by the rules):
stakes-to-token conversion rate x the number of unsettled bounty stakes
After a project’s token distribution event, Tokpie sends an email message to all users who still have unsettled obligations. After receiving such email, a user shall send a project’s tokens to Tokpie withing 48 hours.
After a user performs any of the above options to settle his obligation, Tokpie returns the corresponding TKP collateral to a user.
3. Risks of default
There are two risks associated with bounty stakes selling: a user default and a bounty fail.
If the value of unsettled bounty stakes, which were already sold, exceeds 100000 TKP, Tokpie has the power to unilaterally settle user’s obligations.
If a user had collateralized and deposited bounty stakes of a project that is not going to distribute its tokens to all bounty hunters for any reasons (a failed project) then Tokpie returns TKP collateral to a user due to the formula:
TKP pledged as collateral - TKP tokens already obtained by a user from selling the related bounty stakes
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.
Tokpie devs released the first version of a Collateralize Asset section. Through this section, Tokpie users could deposit bounty stakes pledged by TKP collateral. It will allow making stakes depositing in seconds and in advance! Know more.
This is a good practice to refer to the publications where Tokpie is mentioned. This is why you can see now the Press section on our main page. Besides, the more people know about bounty stakes trading, the better trade volumes Tokpie will get.
We’re happy to introduce a preliminary concept of Bounty Stakes Trading 2.0 that the Tokpie exchange is going to launch soon.
Bounty Stakes Trading 2.0
What is that?
Bounty Stakes Trading 2.0 is an alternative way to deposit and trade bounty stakes that Tokpie exchange is going to launch soon.
What problem it solves
Original Bounty Stakes Trading concept is working well now and will also continue to be provided by Tokpie. However, that concept has some drawbacks:
High eligibility requirements are preventing many projects’ bounty stakes from being listed on Tokpie.
The result hunters cannot earn more money by offering its full capacity in participating in many projects.
Consequently, investors cannot diversify their portfolios in full by purchasing bounty stakes of many different projects.
The limit on the selling of only 50% earned bounty stakes decreases hunters’ profits by two times.
The process of stakes depositing is quite complex and time consuming for both sides: hunters and Tokpie’s team.
To solve the above drawbacks Tokpie is going to do the following.
Collateral system will be used to deposit bounty stakes. The result:
Hunters could deposit bounty stakes instantly. Moreover, hunters could deposit as many stakes as they want in advance without any limits like 50% of earned stakes.
Hunters will be highly motivated to fulfill their obligations and deliver stakes-related altcoins, so no complex checking procedures will be required.
Tokpie will be listing bounty stakes of about 40% projects selected from the whole market, which satisfy at least minimal requirements. The result, Tokpie users (bounty stakes buyers and sellers) will be able to trade much more stakes and continue defining what projects are better or worse after our initial selection.
How it works
First, Tokpie lists bounty stakes of all projects which meet minimal reliability standards but could not be listed under original bounty stakes trading solution.
All these stakes will be tradable on TKP So, order books will be of [stake/TKP] type.
IMPORTANT: Users could exchange TKP for ETH and USDC at any moment on Tokpie.
Anyone (Investor) places an order to buy. The result of a BID price appears in an order book. * IMPORTANT: Hunter cannot deposit a stake if its order book does not contain at least one purchase order (BID). Simply saying: if there is no demand then the supply will be restricted.
Anyone (Hunter) deposits bounty stakes on Tokpie by using TKP tokens on its balance as collateral.
The best BID price from related order book will be used for calculating the required amount of TKP in collateral. For example, if the best BID price is 10 TKP per 1 stake on the moment of depositing than a hunter must use 150 TKP as collateral (15x).
The level of collateral will be between 15x-10x depending on the user’s status. For example, a trial user will be required to provide 15x TKP collateral while Enterprise users could benefit from 10x.
Hunter could get his collateral back in full (or partly) at any moment by giving back the same number of stakes (or part), which were initially deposited. It will help if a hunter could not sell his stakes for the desired price and in other cases.
If a collateral level is going to be exceeded as a result of trade order execution then hunter could not place such a trade order.
No any KYC (documents uploading) for withdrawals below $2500/day and $20000/month.
IMPORTANT: Hunters could even deposit bounty stakes which have not been earned yet!
Anyone (hunters and investors) can trade deposited bounty stakes until the start of related bounty distribution.
Hunter who had initially deposited bounty stakes must transfer related project’s altcoins (due to stake-to-token conversion rates) to Tokpie within 24 hours after bounty distribution has come to the end (or after bounty reward unlocking if such bounty condition exists). Otherwise, a hunter will lose its collateral. * NOTE: If a bounty campaign is successful, but a hunter cannot (for any reason) deliver related altcoins to Tokpie then that hunter lose his collateral. Fortunately, there will be some options to avoid collateral lost by buying back stakes of a related project or its altcoins to settle own obligation. * IMPORTANT: If bounty campaign had failed then hunter will get his collateral back less TKP already received from the related stakes sold.
Tokpie is 100% responsible to deposits projects’ altcoins on accounts of holders (buyers) of the related bounty stakes within 48 hours after bounty distribution has come to the end. * If bounty campaign had failed then stakes holders will get nothing like all other hunters.
MORE PROFITS & DIVERSITY Bounty stakes of Approximately 3 new projects will be listed every week. This will lead to 120-200 bounty stakes from 40 different projects listed simultaneously on Tokpie when Bounty Stakes Trading 2.0 works in full power.
PROS for Hunters: Thanks to many different stakes & projects listed, hunters could earn much more money.
PROSS for Investors: investors could benefit from the great diversity of projects and its bounty stakes by ‘putting all their eggs in many baskets’
SPEED and SIMPLICITY Hunter doesn’t need to make deposit requests, write texts, upload screen-shots, etc.
ADVANCE CASH Hunter may plan how much stakes he could earn on bounty campaign to deposit all of them at once and sell! Then convert TKP to ETH and USDC in seconds!
The table below shows the differences between original Bounty Stakes Trading solution that Tokpie exchange will continue provides and Bounty Stakes Trading 2.0.
Comparative analysis table
Additional long-term advantages
Thanks to many different stakes & projects listed, Tokpie will have a reason to launch a unique Bounty Analysis tool for automatic calculation of all bounties capitalization in real-time. It will help hunters/investors to track and select the most profitable/promising projects in seconds. Also, projects with the best caps and volumes might be listed for free.
Bounty Stakes Trading 2.0 will accelerate TKP turnover and create a demand for the next solution that will allow users to lend/borrow TKP with market-defined interest rates.