How To Get Collateral Back and Settle Your Obligation

To get back TKP collateral which was tied during TLS bounty stakes depositing use one of the two options.

1. Settlement BEFORE the distribution of TLS tokens to bounty participants.

You can settle your obligation at any time, before TLS tokens distribution to bounty hunters, by simply giving back the TLS bounty stakes, which you had previously deposited.

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 example below.

how to settle TLS bounty stakes
Settling of TLS bounty stakes

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 unlocked.

IMPORTANT: Before settlement, make sure that you have these bounty stakes on your Tokpie account balance. If you don’t have, then delete all opened orders here or buy these stakes in the related market.

2. Settlement AFTER the distribution of TLS 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 TLS 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 TLS tokens.

– Tokpie sends this email notification only after TLS tokens are distributed to all eligible bounty hunters. Then, you will have 48 hours to transfer TLS tokens;
– After a successful transfer, you will get back TKP tokens previously tied as collateral automatically.

What if bounty campaign fails

If TLSGroup project doesn’t distribute TLS tokens to bounty hunters for any reasons (a failed project) then Tokpie returns TKP collateral to a user who has collateralized and deposited TLS bounty stakes, due to the formula: 

TKP pledged as collateral - TKP tokens already obtained by a user from selling the related bounty stakes

Useful Links

How to Get ETH, USDC, and TKP by Selling TLS Bounty Stakes

After depositing TLS bounty stakes on your Tokpie account balance you can exchange them on TKP, ETH, USDC in seconds as explained below.

1. Sell TLS bounty stakes for TKP at any price you want.

The following markets available:

– By clicking on the links above you can submit a trade order at any price you want, check the market depth, view current bids, asks, last matched prices and price charts;
– You may sell and buy TLS bounty stakes only until TLS token distribution event;
– You can check all bounty stakes prices at any time without registration;
– The following trade fees are applied.

2. Get Ethereum (ETH) and USDC.

Also, you can exchange TKP tokens on ETH or USDC at any moment in the following markets:

Check aggregated TKP price here.

Congratulation! You got the money for hard bounty working long before TLS tokens distribution. All that you need now is to settle your obligation on time to get collateral back.

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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.

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