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.
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.
NOTE: – 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
NOTE: – 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:
Deposit TLS bounty stakes on your Tokpie account balance in three simple steps.
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.
Congratulations! You have just deposited bounty stakes on your Tokpie account balance and can trade them by clicking on the ‘hummer’ icon.
Update: The trading of TLS bounty stakes has been finished on December 24, 2019, 23:59 UTC.
Everyone who holds TLS bounty stakes on his Tokpie account balance after DEC-24-2019, 23:59 UTC will receive TLS tokens withing 48 hours after bounty distribution (done on DEC-25-2019 03:00 UTC) due to the Conversion Rates stated below:
One TLS_CA_Stake_Signature = 35 TLS
One TLS_CA_Stake_YouTube = 32 TLS
One TLS_CA_Stake_Blog = 9 TLS
One TLS_CA_Stake_Twitter = 10 TLS
One TLS_CA_Stake_Facebook = 10 TLS
One TLS_CA_Stake_LinkedIn = 6 TLS
Thanks to all the participants of TLS Group Bounty! They could easily get ETH, USDC, and TKP long before token distribution by selling TLS bounty stakes as described below.
Deposit bounty stakes.
You can deposit any amount of TLS Bounty stakes on your Tokpie account balance as explained here.
Sell bounty stakes.
Sell the deposited bounty stakes for any price you want to get Ethereum (ETH), USDC and TKP as shown here. You may also purchase TLS bounty stakes to get more TLS tokens after distribution.
Settle your obligation.
Settle your obligation at any time or soon after TLS tokens distribution as described here.