Get Money Without Cashing Out yOUcash: Borrow YOUC

Learn how to borrow additional YOUC against your existing YOUC at fair-market rates.

Is it possible to get the cash you need today without cashing out your YOUC tokens? Yes! Borrow YOUC against YOUC at fair-market rates. There is no KYC and no minimum amounts. So, If you urgently need money but don’t want to sell your YOUC tokens, read this guide.

How to Get Money Without Cashing Out YOUC tokens?

To get money without losing YOUC tokens, follow these steps:

  1. Sign up or log in to Tokpie exchange.
  2. Make sure that you have YOUC tokens for collateral on your Tokpie account balance.
  3. If you don’t have any YOUC, deposit them from outside. 
  4. Open the Borrow section and select a Promissory note title. For example, YOUC_PN_15_Mar_2021 means a YOUC token Promissory Note with Mar 15, 2021 maturity date. Look at the screenshot below.
  5. Enter how many YOUC Promissory Notes you want to issue. The issue of 1 promissory note is like creating a new digital asset that gives its holder a right to get 1 YOUC token in the future (future is a maturity date, e.g., Mar 15, 2021)
    Note: You don’t make any loans when issuing Promissory Notes. It’s because you’re the holder of these Promissory Notes.
  6. After that, select collateral cryptocurrency. You can choose only YOUC at that moment. You can see the required collateral amount in the grey fields and how much of them available on your balance.
  7. To complete the Promissory notes issuance, check a box and press ‘Collateralized & Deposit’ green button.
  8. If you have enough collateral amount, YOUC Promissory Notes appear on your balance page. So, now you can sell them to get a loan. You can 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 on your balance and Collateralized Assets table.

issue YOUC promissory notes
Issue YOUC promissory notes

How can I sell YOUC promissory notes?

After a successful Promissory Notes issuance, you can sell them to get a loan. You can do it at any time. Just select YOUC Promissory notes that you want to sell by clicking on the related market here.

The selling of YOUC promissory notes is the same process as selling any other cryptocurrencies.
To sell YOUC Promissory Notes click on [SELL], enter quantity, price, and press the [SUBMIT ORDER] button as shown below.

selling youc promissory notes
After promissory notes issuance, Sell them to get a loan

What is collateral?

Collateral is an asset used to guaranty the repayment of Promissory Notes on the maturity date. Currently, you can use only YOUC tokens as collateral assets for issuing YOUC Promissory Notes.

What is the collateral amount?

A user sees the required amount of collateral 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 will 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 the 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 locked on a user’s Tokpie account. 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 (screenshot below). As a 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 Promissory Notes available on your account balance.

settle promissory notes
Settle Promissory Notes at any time

What if I don’t settle Promissory Notes before maturity date?

The system automatically settles promissory notes that you didn’t settle before the maturity date. The system uses your collateral (locked YOUC) to make auto-settlement. For example, if you had been an issuer of 100 [YOUC_PN_15_Mar_2021], the system will use 100 YOUC from your collateral amount and release the rest collateral back to you.

What is the Annual Percentage Rate?

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 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.

Example: When a borrower receives 0.9 YOUC on Dec 15, 2021, by selling one Promissory Note that matures on Mar 15, 2021, he will have to repay 1 YOUC in 90 days. The cost of that loan is 0.1 YOUC (1-0.9) for 90 days.
In that case APR = 0.1 / 0.9 / 90 x 365 x 100% = 45.06%

Shall I pay fees for YOUC tokens borrowing?

Yes, you pay small trading fees (0.02-0.1%) when selling and buying promissory notes. The size of the fee depends on your subscription plan.

When is it profitable to borrow YOUC tokens?

Due to the constant market fluctuations borrowing strategies could allow you to earn profit and hedge the risks of the YOUC token price dump. For example, you can do the following:

  • Get a YOUC loan when the borrow APR is low.
  • Borrow YOUC tokens and sell them if you urgently need money.
  • Sell YOUC promissory notes (borrow) if the YOUC price is going down.
  • When YOUC overbought (price is too high), it’s better to borrow tokens instead of purchasing them directly in the spot market.

If you have YOUC tokens and believe in the YOUengine project’s bright perspective but urgently needs cash, don’t sell your YOUC. Instead, borrow additional YOUC against your existing YOUC at fair-market rates to get money. There is no KYC and no minimum amounts. Moreover, you can repay a loan without penalties at any time.

Useful links

For any questions or cooperation, you can contact Tokpie at https://t.me/tokpie.

Get Ethereum (ETH) by Selling Bounty Stakes. Video Guide for Beginners

Discover the first video tutorial showing how to deposit and trade crypto bounty stakes!

Watch the easiest way to receive ETH, USDC long before any bounty distribution. Learn how to deposit and trade bounty stakes. Get a $10 bonus!

VIDEO SUMMARY

This guide is all about the simple way to get Ethereum (ETH), USDC, or TKP by selling bounty stakes.

In the beginning we explain an important concept you need to understand about bounty stakes trading. Everyone who has an internet connection can join the listed bounty campaigns to earn some bounty stakes. Moreover, you don’t need to wait 3-6 months for bounty distribution. Instead, sell the bounty stakes long before tokens distribution to get Ethereum or USDC immediately.

In the first section, we walk through steps to deposit bounty stakes. You can do it even if you don’t have enough TKP for the collateral!

In the second part of this video guide, we walk through the process of actually trading bounty stakes and getting Ethereum.

In the final step, we walk through getting the collateral back to your account.

If you have any additional questions about how to sell and buy bounty stakes, feel free to contact us through Telegram.

Thank you for taking the time to check out our video guide. It will help many beginners to get ETH by selling bounty stakes.

Watch how to get ETH or USDC by selling bounty stakes. +$10 BONUS inside!

Know how to deposit bounty stakes

Watch part one to know how to top up your Tokpie account with Bounty stakes.

  • 00:13 – Important things to understand about bounty stakes trading
  • 00:54 – Table of contents
  • 01:13 – Infographic showing when you can deposit bounty stakes
  • 01:19 – Signing up Tokpie exchange
  • 01:55 – Applying to 1000 TKP bonus (can be used only as collateral)
  • 03:07 – Filling profile
  • 03:37 – Depositing of bounty stakes (applicable to any listed bounty)
  • 04:28 – Order book opening for trading bounty stake. Alternatively, you can open an order book by clicking on the related line in the Market Statistics page or in the Crypto Bounty Analyzer.

Watch how to trade bounty stakes

In part two, you will see how to get ETH (or USDC) by selling bounty stakes.

  • 04:47 – Infographic showing when you can trade bounty stakes
  • 04:59 – crypto bounty stakes selling
  • 05:40 – getting Ethereum (ETH). Note, that you can get USDC instead of ETH if you want.

Learn how to unlock collateral

The final part shows you how to get the TKP collateral back.

  • 06:52 – Infographic showing when you can get TKP collateral back.
  • 07:00 – Unlocking TKP collateral

Useful links

For any question or cooperation, you can contact Tokpie at https://t.me/tokpie

How To Deposit PGPAY Bounty Stakes

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.

how to deposit pgpay bounty stakes
PGPAY bounty stakes depositing

The following PGPAY Bounty stakes are available for collateralization and depositing:

  • PGPAY_CA_Stake_Signature
  • PGPAY_CA_Stake_Facebook
  • PGPAY_CA_Stake_Twitter
  • PGPAY_CA_Stake_Medium
  • PGPAY_CA_Stake_Telegram

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!

Click on the [Collateralize & Deposit] button

Congratulations! You have just deposited PGPAY bounty stakes on your Tokpie account balance and can sell them at any price you want.

Also, learn how to get your collateral back.

Useful Links

Learn How To Deposit TLS Bounty Stakes

Deposit TLS bounty stakes on your Tokpie account balance in three simple steps.

TLS Bounty stakes depositing
How to deposit TLSGroup bounty stakes

1. After signing up or logging Tokpie, open Collateralize Asset page, and select TLS bounty stakes title that you want to deposit.

The following TLSGroup (TLS) Bounty stakes are available for collateralization and depositing:
– TLS_CA_Stake_Signature
– TLS_CA_Stake_YouTube
– TLS_CA_Stake_Blog
– TLS_CA_Stake_Twitter
– TLS_CA_Stake_Facebook
– TLS_CA_Stake_LinkedIn

2. Enter the number of bounty stakes you want to deposit.

You can deposit any quantity of TLS bounty stakes.

Note: In the grey fields you can see how much TKP tokens are required for collateral and how much TKP available on your Tokpie account balance.
Important: if bounty fails Tokpie returns collateral to you!

3. Click on the [Collateralize & Deposit] green button.

After pressing on the green button, a new line appears in the Collateralized Assets table as shown below.

Trade TLS bounty stakes after depositing
Successful TLSGroup bounty stakes depositing

Congratulations! You have just deposited bounty stakes on your Tokpie account balance and can trade them by clicking on the ‘hummer’ icon.

In addition, know how to get TKP, ETH, USDC by selling bounty stakes and how then to get your collateral back.

Useful Links

How To Deposit Refine Medium Bounty Stakes

1. After signing up or logging Tokpie, Open Collateralize Asset page, and select bounty stakes title that you want to deposit.

Deposit Refine Medium Bounty stakes
Refine Medium bounty stakes depositing

The following Refine Medium (XRM) Bounty stakes are available for collateralization and depositing:

  • XRM_CA_Stake_Signature
  • XRM_CA_Stake_Facebook
  • XRM_CA_Stake_Twitter
  • XRM_CA_Stake_Reddit
  • XRM_CA_Stake_ArticleBlog
  • XRM_CA_Stake_Medium
  • XRM_CA_Stake_YouTube
  • XRM_CA_Stake_Telegram
  • XRM_CA_Stake_LinkedIn
  • XRM_CA_Stake_Translation
  • XRM_CA_Stake_Instagram

2. Enter how many bounty stakes you want to deposit.

Note: You can deposit any quantity of bounty stakes starting from 0.00000001 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 available on your Tokpie account balance.
Important: if bounty fails Tokpie returns collateral to you!

3. Click on the [Collateralize & Deposit] green button.

Congratulations! You have just deposited some bounty stakes on your Tokpie account balance and can sell them for any price you want.

Also, learn how to get your collateral back.

Useful Links

How To Deposit FRED ENERGY Bounty Stakes

Top up your Tokpie account balance with FRED bounty stakes in three simple steps.

1. After signing up or logging Tokpie, open Collateralize Asset page, and select bounty stakes title that you want to deposit.

select bounty stakes
Select FRED bounty stakes for depositing

The following FRED Energy (FRED) Bounty stakes are available for collateralization and depositing:
– FRED_CA_Stake_Facebook
– FRED_CA_Stake_Twitter
– FRED_CA_Stake_Signature
– FRED_CA_Stake_Telegram
– FRED_CA_Stake_YouTube
– FRED_CA_Stake_BlogArticle
– FRED_CA_Stake_Medium
– FRED_CA_Stake_Translation

2. Enter the number of bounty stakes you want to deposit.

You can deposit any quantity of FRED bounty stakes.

Enter the number of bounty stakes
FRED bounty stakes depositing

Note: In the grey fields you can see how much TKP tokens are required for collateral and how much TKP available on your Tokpie account balance.
Important: if bounty fails Tokpie returns collateral to you!

3. Click on the [Collateralize & Deposit] green button.

After pressing on the green button, a new line appears in the Collateralized Assets table as shown in the figure below.

Collateralize and deposit
Deposit bounty stakes

Congratulations! You have just deposited bounty stakes on your Tokpie account balance and can trade them by clicking on the ‘hummer’ icon.

Also, learn how to get TKP, ETH, USDC by selling bounty stakes and how then to get your collateral back.

Useful Links

How To Deposit Easy Feedback Round 4 Bounty Stakes

Top up your Tokpie account balance with EFT Round 4 bounty stakes using following steps:

1. After signing up or logging Tokpie, open Collateralize Asset page, and select bounty stakes title that you want to deposit.

select bounty stakes
Select EFT round 4 bounty stakes for depositing

The following Easy Feedback (EFT) Round 4 Bounty stakes are available for collateralization and depositing:
– EFT_CA_Stake_R4_Telegram
– EFT_CA_Stake_R4_Twitter
– EFT_CA_Stake_R4_YouTube
– EFT_CA_Stake_R4_Facebook
– EFT_CA_Stake_R4_Blog
– EFT_CA_Stake_R4_Signature
– EFT_CA_Stake_R4_Translation
– EFT_CA_Stake_R4_LinkedIn
– EFT_CA_Stake_R4_Reddit
– EFT_CA_Stake_R4_YoutubeEngnt

2. Enter the number of stakes you want to deposit.

You can deposit any quantity of bounty stakes starting from 0.1 stakes. it doesn’t matter whether you have earned bounty stakes or not yet!

Enter the mount of stakes
Enter the number of stakes for depositing

Note: In the grey fields you can see how much TKP tokens are required for collateral and how much TKP you have available on your Tokpie account balance.
Important: if bounty fails Tokpie returns collateral to you!

3. Click on the [Collateralize & Deposit] green button.

After pressing on the green button, a new line appears in the Collateralized Assets table as shown in the figure below.

Press button to deposit bounty stakes
Bounty stakes depositing

Congratulations! You have just deposited some bounty stakes on your Tokpie account balance and can trade them by clicking on the ‘hummer’ icon.

Also, learn how to get TKP, ETH, USDC by selling bounty stakes and how then to get your collateral back.

Useful Links

How To Deposit Easy Feedback Round 3 Bounty Stakes

Know how to Deposit any amount of EFT Round 3 bounty stakes, which you are planning to earn in the future or already earned.

Follow the instruction below to deposit Easy Feedback (EFT) Round 3 Bounty stakes on your Tokpie account balance.

1. Sign up or login Tokpie to open Collateralize Asset page and select bounty stakes title that you wish to deposit.

The following Easy Feedback (EFT) Round 3 Bounty stakes are available for collateralization and depositing:
– EFT_CA_Stake_R3_Telegram
– EFT_CA_Stake_R3_Twitter
– EFT_CA_Stake_R3_YouTube
– EFT_CA_Stake_R3_Facebook
– EFT_CA_Stake_R3_Blog
– EFT_CA_Stake_R3_Signature
– EFT_CA_Stake_R3_Translation
– EFT_CA_Stake_R3_LinkedIn
– EFT_CA_Stake_R3_Reddit
– EFT_CA_Stake_R3_YoutubeEngnt

2. Enter how many stakes you want to deposit.

You can enter any amount of bounty stakes you want to deposit for trading.

stakes depositing
EFT round 3 bounty stakes depositing

3. Click on the [Collateralize & Deposit] green button.

After pressing on the green button (3), a new line appears in the Collateralized Assets table as shown in the figure below.
It means that you have just deposited some bounty stakes on your Tokpie account balance and can trade them by clicking on ‘hummer’ icon (4). Know more how to get TKP, ETH, USDC by selling your bounty stakes.

Useful Links

Bounty Stakes Trading Collateral Rates

The collateral rates applied for Bounty Stakes Trading had been decreased!

To intensify bounty stakes trading 2.0, Tokpie has decreased collateral requirements. Now the following rates are applied:

StatusCollateral Rate
Trial3
Light2.5
Standard2
Premium1.8
Enterprise1.4

Collateral rate is applied when a hunter wants to deposit any amount of bounty stakes upfront (before he earned them).

For example, if a trial user (a hunter) wants to deposit 1 facebook stake that has a current best bid price equal to 50 TKP, then the required collateral will be 1 x 50 x 3 = 150 TKP.

Useful Links

How to Deposit Bounty Stakes Before you have Earned Them

To get money in advance for the bounty work you can deposit and sell bounty stakes, which you are planning to earn in the future.

Follow the instruction below to deposit Easy Feedback (EFT) Round 2 Bounty stakes on your Tokpie account balance:

1. Sign up or login Tokpie to open Collateralize Asset page and select bounty stakes title that you wish to deposit.

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.

cryptocurrency collateralization
Figure 1. Bounty Stakes collateralization and depositing

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.

Figure 2. The list of collateralized Assets

Useful Links