Tag: staking

Get Passive Income: Farm with TKP Tokens

Learn how to earn up to 196% ROI. Get a guide to staking and farming by using Tokpie exchange tokens.

Thanks to this article, you’ll learn how to get a great return by farming popular altcoins with the TKP token on DEXs. For example, you can stake TKP tokens and BAMBOO through Binance Smart Chain on Bamboo’s DEX. As a result, you will be earning high-liquid cryptocurrency every second. Don’t be lazy and let your coins work. Start getting passive income now. 

Farm BAMBOO tokens

Bamboo’s farming pool generates 57.6 BAMBOO tokens every 24 hours. So, get your revenue share by providing Bamboo (BEP20) and TKP (BEP20) on the BambooDeFi DEX. Such staking and farming give the participants up to 196% APR return. To start earning, perform the following three steps:

1. Prepare TKP and BAMBOO

Ensure that your BEP20 wallet contains TKP and BAMBOO tokens running on Binance Smart Chain. If you don’t have them, use these PancakeSwap markets for purchasing:

Also, important to note that your wallet must have around 0.01 BNB for the gas fee payments. Find screenshots below that show the examples of acquiring BAMBOO and TKP. 

purchase TKP tokens
TKP’s purchasing on PancakeSwap.
purchase BAMBOO token
BAMBOO’s purchasing on PancakeSwap.

2. Stake TKP+BAMBOO

The next step is to get LP tokens by staking TKP+BAMBOO on the BambooDeFi decentralized exchange. Go to the pool page on BambooDeFi’s DEX. Then, connect your wallet (1), input BAMBOO’s amount (2), TKP’s amount (3), click on Approve button to confirm (4). Once approved, press the Supply button (5) and click on Validate.

Stake TKP and Bamboo tokens
Add TKP+Bamboo coins to the Pool.
Validate Staking
Supply’s validation.

Once completed, you’ll see LP tokens on your wallet via BSCscan.

Get LP tokens on your wallet
Check LP_tokens on your wallet.

3. Start BAMBOO farming

After getting LP-tokens, open the BAMBOO’s farming page, find TKP’s line and click on “Approve Staking.”

Start to farm with TKP and Bamboo
Initiate farming by staking LP-tokens.

Then, confirm the operation and click on Deposit. As a result, you will see a popup window where you need to click on Max and Validate. Finally, confirm LP tokens’ staking through the wallet. That’s it. Good job!

Validate LP-tokens provisioning
The farm’s validating.

How to track BAMBOO’s earnings

Once you have done the three steps above, wait for 15 minutes. Then, track your earnings and ROI on the farming page (image below). Note that you must connect your wallet to Bamboo’s DeFi DEX to see the rewards. 

How to withdraw the BAMBOO reward

Getting a reward is very simple. Open the Farm’s page, connect your wallet, press the Get Reward button, and confirm the transaction. As a result, you will receive BAMBOO coins directly on your BEP20 wallet in a few seconds. After that, you can cash out the rewards by selling BAMBOOs on any of these markets or re-investing them, as explained in this guide. 

Withdraw the rewards
Check the ROI & Profit: Get reward.

Other ways to get passive income with TKP

Additional options to obtain passive income with the help of TOKPIE tokens will appear in this article soon.

What’s Moonbear Finance: MBF Token

Discover how to earn over 40% annually on a new staking platform. Find the guide to $MBF trading on Tokpie.

The traditional finance system is dying. There is no incentive for people to put money in bank deposits and take 0-1% profit. Fortunately, people have an alternative option – decentralized finance (DeFi) solution. One of such solutions is the Moonbear Finance. These guys fairly launched the MBF token and released a token-staking platform. Continue reading to learn more about that startup. Also, get instructions to trade MBF tokens on the Tokpie exchange.

What’s the Moonbear Finance?

The Moonbear Finance is a community-based crypto project running on the Binance Smart Chain. Its developers have already launched a native staking platform (screenshot below). So, now anyone can unlock DeFi benefits by staking $MBF tokens quickly. How? Choose the amount of $MBF you want to put and the period.
Moreover, the more extended the period you select, the higher rewards. Besides, the startup provides users with autonomous buybacks and referral programs. Also, the team plans to release a shop and NFT Marketplace soon.

Stake MBF on Moonbear
Moonbear Finance’s staking platform.

What’s the MBF token?

MBF is the BEP20 (BSC) token with hyper deflationary tokenomics. Therefore, the token’s protocol deducts 15% from each transaction and allocates it. 3% goes to the stable rewards. 3% goes to the buybacks. Simultaneously, 3% goes to the burning wallet. And 1% goes to the liquidity pool. All the rest, 5%, goes to the team, marketing, development, and charity. The most exciting coin’s feature is earning forty percent passive income APR from just staking $MBF cryptocurrency.

How to buy MBF token?

To purchase MBF tokens for USDT do three simple steps:

  1. Fund your account with USDT. If you don’t have crypto, you can purchase USDT with a bank card in a few minutes.
  2. Open the MBF/USDT order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw MBF tokens to your personal BEP20 wallet or hold them on the account.

How to sell MBF tokens?

To sell MBF tokens for USDT do three simple steps:

  1. Deposit MBF tokens into your account.
  2. Open the MBF/USDT order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw USDT to your personal wallet (ERC20 / BEP20) or hold them on the account.

How to deposit MBF token?

To deposit MBF token into your Tokpie account, follow this guide. Also, make sure that you are going to deposit BEP20 tokens that relate to this smart contract address. If you deposit the wrong tokens or the wrong blockchain type, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw MBF tokens?

To withdraw the MBF token from your Tokpie account, use this instruction. Besides, you must have BEP20 compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

Also, please be aware that Tokpie charges a fee for the listing. Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance.

Useful links to trade MBF tokens

For any questions, contact Tokpie at https://t.me/tokpie.

Stake YOUC Tokens to Get Passive Income

Stake YOUC tokens at fair-market rates, enjoy early repayments without penalties. No KYC and credit checks.

Stake YOUC tokens at fair-market rates. Enjoy early repayments without penalties, KYC, and credit checks. Let your YOUcash (YOUC) tokens do the work! Read this guide to know how to stake YOUC tokens. Alternatively, you can watch a 4-minutes video.

Short video guide on how to stake YOUC and make a profit in two ways.

How can I stake YOUC tokens?

To stake YOUC tokens and earn competitive returns, you need to become a holder of YOUC promissory notes as described below:

  1. Sign up or log in to Tokpie exchange.
  2. Make sure that you have YOUC tokens on your Tokpie account. If you don’t have them, deposit YOUC tokens from outside or buy them on Tokpie markets: YOUC/ETH, YOUC/USDC, YOUC/WBTC.  
  3. Select YOUC Promissory notes that you want to get by clicking on the related market here. Note that promissory notes have different Maturity Dates and APRs (Annual Percentage Rates).
  4. After you open YOUC promissory note’s market, click on [BUY], enter quantity, price, and press the [SUBMIT ORDER] button (look at the image below). Note that you can buy and sell promissory notes as any other crypto asset.
YOUC promissory notes
Stake YOUC by buying YOUC promissory notes

Can I see YOUC token staking example?

Yes, you can see an example (on the screenshot above) of how to stake YOUC tokens by buying its Promissory Notes.

When you buy 3,000 [YOUC_PN_15_MAR_2021] notes at a price of 0.981 YOUC, it means you lend 2,943 YOUC until MAR 15, 2021. As the result, you will get 3,000 YOUC on MAR 15, 2021. The profit will be 57 YOUC (3,000-2,943).

Moreover, you don’t have to wait for MAR 15, 2021, to get 57 YOUC profit. Alternatively, you can sell YOUC promissory notes at any time before the maturity date!

For example, the price of [YOUC_PN_15_MAR_2021] notes grows up from 0.981 to 0.99 YOUC in 5 days after you purchased them. Therefore, you could sell 3,000 notes for 2970 YOUC. The profit will be 27 YOUC (2970-2943) for five days. That would be an equivalent of 66.97% APR (27/2943/5*365*100%).

A short video example.

What is YOUC Promissory Note?

The YOUC Promissory Note is a digital title that confirms the issuer’s promise to pay 1 (one) YOUC to Tokpie at the specified maturity date. Tokpie, in turn, guarantees to pay 1 (one) YOUC to any holder of one Promissory Note at the maturity date.

Any user can issue YOUC promissory notes and sell them to get a loan. Moreover, anyone can buy YOUC promissory notes to stake (lend) YOUC and earn returns. Because of internal circulation, users can not withdraw Promissory Notes from the Tokpie exchange.

How to get repayment at any time?

To get back YOUC tokens (get a repayment) contributed to the purchasing of promissory notes, sell your promissory notes. 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.

What is the minimum staking amount?

The minimum amount of YOUC tokens that you need to start staking is 1 YOUC. It means that you can use just one YOUC to purchase YOUC promissory notes and start earning passive income.

What is the Annual Percentage Rates for YOUC token staking?

To know the Annual Percentage Rates for the YOUC token, regularly check the Lend APRs for YOUC promissory notes. It helps you to catch the best potential income. It’s called potential because you can sell promissory notes with a profit at any time before the maturity date.

YOUC token lenders and borrowers negotiate interest rates through bargaining on promissory notes prices. As a result, peers are always defining a fair-market APR.

APR (Annual Percentage Rate) is the annualized 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%

Shall I pay any fees for YOUC staking?

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.

What passive income strategies can I use?

There are many profitable strategies that you can realize by staking YOUC tokens. Find some possible methods below.

  • Purchase YOUC promissory notes when lending APRs are high.
  • Buy YOUC promissory notes when YOUC token price is going to grow on the spot market.
  • Purchase long-term YOUC promissory notes when YOUC token price is low on the spot market.
  • Regularly buy YOUC promissory notes if you have YOUC tokens’ surplus.

So, what are you waiting for? HODL YOUC and let your tokens do the work! Earn passive income at fair-market rates. There are no KYC, no minimums, and no lock-ups. Start collecting profit in your pocket. Earn the passive income you deserve.

Useful links

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

An introduction to P2P cryptocurrency lending on Tokpie

Learn how to lend TKP tokens and earn interest income. How to get cash urgently by holding TKP or Ethereum.

UPDATE: Tokpie has launch P2P lending and borrowing solution: ?https://tokpie.io/blog/tkp-token-staking-lending-borrowing/

Problems

  • 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

Basic Principles
  1. Any holder of any TKP amounts could lend them and start earning income.
  2. Any person could borrow TKP tokens, use them or sell immediately to withdraw ETH, USDC or any other listed cryptocurrency.
  3. 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).
  4. P2P lending will be based on the same mechanics which are used for collateralizing and asset trading on Tokpie.
  5. Users who want to borrow shall deposit (issue) a Promissory Note by providing TKP or ETH as collateral (Figure 1 below).
    1. The following sale of Promissory Note to lenders gives money to a borrower.
    2. 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%
  6. Users who want to lend and earn interest income shall buy a Promissory Note with a discount.
    1. 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.
  7. 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.
    1. 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.
    2. People could deposit (issue) any quantity of Promissory Notes depending on the amount of collateral pledged.
    3. 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
Borrowing

Alice wants to borrow 95 TKP on January 15, 2020, and willing to pay back 100 TKP in three months.

  1. She deposits (issue) 100 Promisorry notes [TKP_PN_15APR2020] by providing 300 TKP as collateral. See an example in Figure 1 below.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
Lending


Bob has 95 TKP on January 15, 2020. He wants to earn 5 TKP in interest income for the next three months.

  1. 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.
  2. The result, Bob receives 100 promissory notes and pay 95 TKP for that.
  3. 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.
    1. The result of that trade Bob will earn 5 TKP or 21.34 annual income as shown in Figure 2 below.
  4. Moreover, Bob can sell the Promissory notes for any market price (e.g. higher than 95 TKP ) at any time before April 15, 2020.
Figure 1. Promissory Notes issuing (depositing)
Figure 2. Promissory Notes trading

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