Bounty Stakes Trading 2.0 introduction

We’re happy to introduce a preliminary concept of Bounty Stakes Trading 2.0 that 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:

  1. 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.
  2. The limit on the selling of only 50% earned bounty stakes decreases hunters’ profits by two times.
  3. The process of stakes depositing is quite complex and time consuming for both sides: hunters and Tokpie’s team.

Solution

To solve the above drawbacks Tokpie is going to do the following.

  1. 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.
  2. 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

  1. 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.
  2. 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.
  3. 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!
  4. Anyone (hunters and investors) can trade deposited bounty stakes until the start of related bounty distribution.
  5. 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.
  6. 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.

Advantages

  1. 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’

  2. SPEED and SIMPLICITY
    Hunter doesn’t need to make deposit requests, write texts, upload screen-shots, etc.
  3. 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!

Comparative analysis

The table below shows the differences between original Bounty Stakes Trading solution that Tokpie exchange will continue provides and Bounty Stakes Trading 2.0.

  1. Comparative analysis table

    Bounty stakes trading solutions Comparative_analysis
    Comparing two types of bounty stakes trading solutions

Additional long-term advantages

  1. 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.
  2. 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.

Join the community discussion on Bitcointalk

TKP Token Holding Value and Price-Tracking Announcement

While the overall crypto-market is still going down, the TOKPIE allows everyone to easily earn Ethereum (ETH). Know how to increase your earning by holding TKP token even more.

A brief outline of this announcement:

  • What is TKP token holding value
  • Holding TKP’s value example
  • TKP token price-tracking on Coinpaprika

What is TKP token holding value

TOKPIE exchange platform by default charges a 0.1% trade fee every time a user makes a trade and 0.009 ETH withdrawal commission.

A user can hold TKP in order to reduce the above platform fees.

By holding TKP, users are able to reduce:

  • trade fees to 0.08%, 0.06%, 0.04% and 0.02% 
  • ETH withdrawal fees to 0.008 ETH, 0.007 ETH, 0.006 ETH and 0.02 ETH.

Holding 20,000 TKP reduces trade fees to 0.08% and withdrawal fee to 0.008 ETH
Holding 25,000 TKP reduces trade fees to 0.06% and withdrawal fee to 0.007 ETH
Holding 35,000 TKP reduces trade fees to 0.04% and withdrawal fee to 0.006 ETH
Holding 50,000 TKP reduces trade fees to 0.02% and withdrawal fee to 0.005 ETH

This functionality is especially useful for very active bounty hunters, see below for an example.

Also, many other bonuses are available for holding TKP tokens.

Holding TKP value example

  • A bounty hunter earns $10 in bounties per day. At a 0.1% trade fee, 0.009 ETH withdrawal commission and ETH/USD price $300, this means that he would be missing out on $2.7+ in profits every day since they go away in platform fees.
  • This same bounty hunter can now hold 50,000 TKP, valued at approximately $35 at the time of writing, reducing his fees to just $1.5/day.
  • That means that by holding 50,000 TKP, this hunter will now be making $36 more per month.
  • Actually, TKP holding is extremely attractive for active bounty hunters.

To start holding TKP token, simply buy TKP here then click on [Upgrade].

Change your status
Upgrade Your Plan on Tokpie

TKP token price-tracking on Coinpaprika

Existing and potential TOKPIE (TKP) token holders can now easily track TKP price, the volume, live Price Chart, ROI and other token related details on Coinpaprika. In addition, it’s now possible to compare TKP to similar tokens and use TKP price-tracking widget.

Want to grow with us? Stay in touch with TOKPIE.

Assets Information

List of assets traded on TOKPIE platform.

The more detailed introduction is available by clicking on the titles below:

Note that the listed bounty stakes are not included above.
Check the full list of digital assets and cryptocurrencies available on Tokpie.

Want to grow with us? Stay in touch with TOKPIE.

TKP (TOKPIE)

What is TKP token?

TOKPIE (TKP) is an Ethereum-based ERC20 utility token accepted for holding on TOKPIE exchange platform.

The holding of TOKPIE (TKP) token allows:
– to get up to 500% discount on trade fees,
– to decrease withdrawal commissions almost twice
– to receive up to 70% referral bonus and other premium tips.

Total distribution: 100,000,000 TKP.

What is TOKPIE exchange platform?

TOKPIE cryptocurrency exchange platform had been created by Graceful Globe Limited and launched in Sep 2018.

Bounty Stakes Trading solution is the core advantage of TOKPIE.
It allows:
* Bounty hunters to get both:
– Ethereum immediately when bounty stakes earned by selling part of bounty stakes and
– Tokens of reliable projects later.
* Early smart investors, in turn, may get a more attractive return on investments by obtaining worthy tokens for a penny through buying bounty stakes.

Basically, TOKPIE is the cryptocurrency exchange developed to help people from all over the world safely and easily buy and sell any crypto-assets for transparent prices.

Useful Links:
Official Website: https://tokpie.io
Block Explorer: https://etherscan.io/token/0xd31695a1d35e489252ce57b129fd4b1b05e6acac
Additional information about TOKPIE (TKP) token: https://tokpie.io/tkp 

Want to grow with us? Stay in touch with TOKPIE.

Where TKP can be traded?

Here is the list of exchanges where TKP can be traded right now.

TOKPIE


Please support some of our listing requests:

  1. Go to Coinfalcon exchange’s listing request page and give a thumbs-up as shown in Figure 1, below.
    vote for TKPFigure 1. Vote for TKP on CoinFalcon
  2.  Go to Github and give a thumbs-up for yes as shown in Figure 2, below.

    vote for TKP

    Figure 2. Upvote for TKP on Forkdelta

  3. Go to blockfolio and give a thumbs-up as shown in Figure 3, below.
    Tokpie on Blockfolio
    Figure 3. Upvote for TKP on Blockfolio

    Want to grow with us? Stay in touch with TOKPIE.