To get back TKP collateral tied during PGPAY bounty stakes depositing, use one of the following options:
1. Get collateral back BEFORE the distribution of PGPAY tokens to bounty participants.
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.
2. Settlement AFTER the distribution of PGPAY tokens to bounty participants.
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.
2. Get Ethereum (ETH) and USDC.
You can get ETH or USDC at any moment by selling (if want) TKP in the following order books:
1. 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:
2. 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!
3. Click on the [Collateralize & Deposit] green button.
IEO starts on Dec 02, 2019, 11:00 UTC, ends Jan 31, 2020, 23:00 UTC
PGPAY/USDC: 0.45 USDC
PGPAY/ETH: 0.003 ETH
PGPAY/TKP: 90 TKP
ASSET DESCRIPTION 📜
Project name: PGPay (Puregold) Token symbol: PGPAY Blockchain: Ethereum Total supply: up to 50,000,000 PGPAY PGPAY Token Sale Price (IEO): 0.45 USD Total Tokens Allocated to Tokpie IEO: 3,000,000 PGPAY Price in ICO: 0.94 USD
PGPay is going to provide a gold-backed token and payment gateway. Having a 10-years experience in the gold business, the Puregold team will be using real gold for payment via its mobile app.
The purchase price is guaranteed against future market fluctuations prior to unlocking (February 01, 2020). The bonus is included in the IEO price. Cancellation or modification of IEO tokens purchased charged with a 5% penalty. Tokpie is going to list PGPAY in the ETH market on February 01, 2020. Tokpie does not provide any support related to IEO projects; Tokpie has the right of final interpretation.
Users from the following countries will not be able to participate in token sales on the IEO: Iran, North Korea, United States
Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.
FREE TOKENS AND REFUNDS
All users participating in Initial Exchange Offerings (IEOs) on Tokpie have great options to get IEO tokens for FREE and get a refund for initially purchased IEO tokens. Know how it works.