Asset Collateralization Rules

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.
  • User A person who has registered Tokpie exchange.
  • Ban of a user can happen if a user(s) make wash trading.

1. Collateralization and Depositing

  1. 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

    Base price is the price of a stake set by Tokpie,
    Quantity is how many stakes you want to collateralize and deposit,
    Collateral rate 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).
  2. 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.
  3. To get back TKP tokens pledged as collateral, a user shall settle his obligation as described below.

2. Obligation Settlement

  1. 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.
  2. 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.
  3. 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

For any questions, you can contact us at

Tokpie Beta 1.9.5

Look through the Tokpie exchange recent updates:

1. Bounty stakes trading 2.0 development

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.

Collateralize Asset section

2. Blog update

We enhanced Tokpie Blog by adding an upper menu and footer for better users’ navigation. Also, New Listings and Initial Exchange Offering (IEO) categories were added.

Upper menu and footer in Tokpie blog

3. Footer update

Because Coingecko and Coinpaprika started to track prices from Tokpie’s API, we have included the related links into the footer. So, anyone can click on to see trade volumes for cryptocurrencies listed and traded on Tokpie exchange Also, we have added the Announcements section.

Footer update

4. Press section

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.

Press about Tokpie

Upcoming Updates and Releases:

Stay always in touch with Tokpie to Earn, Trade and Invest as never before.