Asset Collateralization Rules

The process of asset collateralization allows Tokpie users to deposit bounty stakes in seconds and in advance.

To understand the process of collateralization, read the following rules.

Abbreviation

  • Asset: is any digital asset that could represent specified bounty stakes of a particular project which are listed on Tokpie exchange and available for trading
  • Bounty campaign: is a marketing program aiming to promote a specified project where hunters can earn a project’s tokens.
  • Bounty stakes: are the points which are used as the means of evaluation of bounty hunter’s performance during a project’s bounty campaign. Every bounty stake represents the right to receive a project’s tokens in the future when stakes-to-token conversion rates are being defined.
  • Bounty Stakes Trading 2.0: is an alternative way to deposit and trade bounty stakes on Tokpie exchange.
  • Collateral: is the specified amount of TKP tokens pledged as security for obligation settlement. If a hunter fails to settle his obligation then he loses the corresponding collateral.
  • Collateralization: is the process of depositing bounty stakes on a user account balance and locking the corresponding amount of TKP tokens as collateral.
  • Collateralize: is an action leading to the depositing of particular bounty stakes on a user account balance after locking the corresponding amount of TKP tokens as collateral.
  • Depositing: is a process resulting in appearing bounty stakes on a user account balance.
  • Hunter: is a bounty hunter or bounty participant who is engaged in a Project’s bounty.
  • Obligation Settlement: is the process of unlocking TKP collateral that was initially used for the asset (bounty stakes) depositing.
  • Project: is a cryptocurrency startup, ICO, STO or a company that runs its bounty campaign and whose bounty stakes are listed on Tokpie.
  • Project’s tokens: any altcoin (token or coin) issued by a Project and used to reward bounty hunters who participate in Project’s bounty campaign.
  • Settle: is an action leading to the withdrawing of particular bounty stakes from a user account balance and unlocking the corresponding amount of TKP tokens initially pledged as collateral.
  • Stakes-to-token conversion rate: is a rate that defines how many tokens are to be distributed to a bounty hunter for the number of stakes earned in a specified bounty campaign.
  • TKP: is an ERC-20 token issued by Tokpie exchange that provides its holders with the following benefits.
  • Tokpie: is a cryptocurrency exchange that provides its users with the unique bounty stakes trading service.
  • User: A person who has registered Tokpie exchange.

1. Collateralization and Depositing

  1. A user has an option to deposit bounty stakes, which are listed on Tokpie exchange under Bounty Stakes Trading 2.0 solution. To make such depositing a user shall provide collateral in TKP tokens. The size of the TKP collateral is calculated due to the formula:

    Stake price x Quantity x Collateral rate

    Where,
    Stake price is the best BID price from the related order book,
    Quantity is how many stakes you want to collateralize and deposit,
    Collateral rate is a number from 1.4 to 3.0 that depends on your price plan.
    The following collateral rates are applied:
    Trial plan: 3,
    Light plan: 2.5,
    Standard plan: 2,
    Premium plan: 1.8,
    Enterprise plan: 1.4.
    It means that a user having Enterprise status gets the lowest 71.4% LTV (Loan-to-Value Ratio).
  2. Tokpie freezes TKP tokens pledged as collateral on a user account balance automatically when a user clicks on [Collaterilize & Deposit ] button here. At the same time, Tokpie depositing the corresponding amount of bounty stakes on a user account balance.
  3. To get back TKP tokens pledged as collateral, a user shall settle his obligation as described below.

2. Obligation Settlement

  1. Settlement before a project’s token distribution. A user has an option to return bounty stakes, which he had initially collateralized and deposited at any time before the token distribution event. If a user had already sold these bounty stakes, then he can buy the required amount in the related market here before the project’s token distribution to the bounty hunters.
  2. Settlement after a project’s token distribution. Alternatively, a user has an option to settle his obligation regarding the initially collateralized & deposited bounty stakes by providing Tokpie with the related project’s tokens. The number of a project’s tokens to be provided is defined in accordance with the formula (unless otherwise stipulated by the rules):

    stakes-to-token conversion rate x the number of unsettled bounty stakes

    After a project’s token distribution event, Tokpie sends an email message to all users who still have unsettled obligations. After receiving such email, a user shall send a project’s tokens to Tokpie withing 48 hours.
  3. After a user performs any of the above options to settle his obligation, Tokpie returns the corresponding TKP collateral to a user.

Bounty fails

If a user had collateralized and deposited bounty stakes of a project that is not going to distribute its tokens to all bounty hunters for any reasons (a failed project) then Tokpie returns TKP collateral to a user due to the formula:

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

For any questions, you can contact us at https://t.me/tokpie


Tokpie Exchange Partners With DocTailor

The Partnership with Tokpie will drive DocTailor’s bounty and DOCT token sales.

DocTailor (DOCT) is a platform which allows creating and distribution of self-customized smart legal documents on the blockchain. Any DocTailor user without developing skills can implement a smart contract to save time and money. DOCT token will be used for paying a subscription fee and escrow service on Doctailor platform.

Thanks to the partnership with Tokpie, all bounty hunters participating in the Doctailor bounty campaign could sell 50 percent of their bounty stakes for Ethereum (ETH) on Tokpie exchange at any moment until distribution.

“We are delighted to support our growing community by allowing them bounty stakes selling on the Tokpie exchange,” says Doctailor CEO Sam Enrico Williams. “Thanks to Tokpie, our bounty participants could get money immediately while the bounty campaign is running”.

Tokpie is the first cryptocurrency exchange platform with
Bounty Stakes Trading service where people could earn, trade and invest as never before.

Tokpie CEO, Vasilii Silin said: ‘’Doctailor is going to operate in a very promising market. There are over 100,000 businesses worldwide which could be highly interested in simple, fast and automated implementation of legal smart contracts. This is why Tokpie users might be interested in obtaining DOCT tokens through buying Doctailor bounty stakes”.

The creation and implementation of smart legal documents is a problem for many organizations and individuals because it requires developer experience, time and money. The aim of DocTailor is to solve that problem in a simple, cheap and time-saving way.

Stay always in touch with Tokpie to Earn, Trade and Invest as never before.

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.

Following its Road map, Tokpie team is happy to introduce the concept of p2p lending that will be developed and released on Tokpie exchange platform during Q4, 2019.

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 is the greatest feature 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

Join the community discussion on Bitcointalk

TerraGreen (TGN) Coin Listed on Tokpie

Tokpie exchange has listed TerraGreen (TGN) coin!

TGN coin is now listed and tradeable on the following market:

TGN/ETH

Useful Links

Stay always in touch with TOKPIE to Earn, Trade and Invest as never before.

Tokpie partners with Easy Feedback

Partnering with Tokpie will boost Easy Feedback bounty and EFT token sale.

The Easy Feedback Token (EFT) aims to reward people who give useful and private feedback from www.EasyFeedback.com to improve products, services, and processes of companies and institutions. EFT token could be exchangeable for products, services, cryptocurrencies or money at a market price.

Thanks to partnering with Tokpie, Easy Feedback Token will allow people participating in its bounty campaign to partly sell their bounty stakes for Ethereum (ETH).

“We are happy to provide our bounty hunters with the opportunity to trade their stakes directly for Ethereum on the Tokpie exchange,” says EasyFeedback CEO Honorio Ros. “Thanks to Tokpie, bounty hunters should not wait many months before getting paid”.

Tokpie is the first cryptocurrency exchange platform with
Bounty Stakes Trading service where people could earn, trade and invest as never before.

Tokpie CEO, Vasilii Silin said: ‘’We, in Tokpie, are delighted to partner with Easy Feedback Token. The company has a product on the market since 2015 and recently has opened a delegation in Estonia. Many Tokpie users will be interested in buying EFT bounty stakes”.

Easy Feedback helps companies to achieve care excellence towards its customers and promotes creativity to improve company products, services, and processes and therefore improve the world.

Stay always in touch with Tokpie to Earn, Trade and Invest as never before.

Tokpie listed on blockspot.io

We are happy to inform that Tokpie exchange and TOKPIE (TKP) token are now listed in one of the promising crypto databases.

Blockspot.io, founded in 2018, is going to be an informative platform for all topics related to blockchain technology.

What we like most is that Blockspot shows real-time Google Trends!

USEFUL LINKS:

Tokpie exchange on Blockspot: https://blockspot.io/exchange/tokpie/
TOKPIE (TKP) token on Blockspot: https://blockspot.io/coin/tokpie/

Stay always in touch with TOKPIE to Earn, Trade and Invest as never before.

TOKPIE BETA 1.9

Happy to share the latest features added to the TOKPIE exchange platform:

  1. Market price auto-filling feature
  2. Additional decimals in USD equivalent price value
  3. Tradable assets selector
  4. Assets descriptions and logos

Market price auto-filling feature

To ease the process of trading order submissions we have added the option to auto-fill the price field with the best ASK/BID currently available on the market. So now if you want to trade for the market price there is no need to enter the price by hands.
For example, (1) select buy/sell, (2) click on [Fill price from market], the result (3) the price of the best order to sell/buy with automatically appear in the price field (Picture 1).

Price from the Market
Picture 1. Auto-filling cryptocurrency price

Additional decimals in USD equivalent price value

To ease the evaluation process we have increased decimals from 2  to 6 in the ‘USD equivalent per one base cryptocurrency’ field (Picture 2). So now if an asset eth price has many decimals like 0.00000001 ETH you anyway see its USD equivalent value.

USD approximate price for asset
Picture 2. Decimals for USD equivalent value

Tradable assets selector

To speed up uploading time and ease an asset search & selection we have added the [Show only tradable] checkbox element on the Balance Details page (Picture 3). So now you see by default only the assets on which you can apply some actions (trade, withdraw or deposit) on the Balance Details section.

tradable cryptocurrency
Picture 3. How only tradable assets

Assets descriptions and logos

To ease an asset search and selection we have marked every cryptocurrency and bounty stake title with the related logo, name, and description on the Balance Details page  (Figure 4). So now you can see that:

  • Bounty Stakes have logos of the related cryptocurrency with small {s} letter inside.
  • The Currency code column shows an asset name used in trading on TOKPIE
  • Currency name column shows an asset related info that can be of two types:
    a) if an asset is a token or coin then by clicking on the related link you see the description of this asset (i.g. blockchain explorer for that token or coin).
    b) if an asset is a bounty stake then by clicking on the related link you see:
    – Conversion rates and distribution status if a bounty campaign for that stakes was finished or
    – the Date when trading on that stake is going to be stopped if a bounty campaign is still active.

Cryptocurrency description
Figure 4. Asset logo and info

Stay always in touch with TOKPIE to earn, trade and invest as never before.

Receive Ethereum for Completing Simple Tasks

Know How to make ETH in seconds by doing tasks online

NOTE:
THIS CAMPAIGN HAD BEEN SUCCESSFULLY FINISHED ON 27-MAR-2019. 

IPT tokens DISTRIBUTION is planned on April 15 – 20, 2019.

Get Ethereum (ETH) for doing the easiest Crypt-On Turbo Bounty tasks: share, reposting and posting on the social media. Moreover, you can take both: Ethereum instantly and valuable Crypt-ON tokens later.

Start exchanging your bounty work for Ethereum immediately as stakes are earned. No need to wait for many months to get your rewards!

HOW IT WORKS

  1. Join Crypt-ON Turbo Bounty running by the TOKPIE’s partner – Crypt-ON to earn some stakes in the following categories: Facebook, Twitter, LinkedIn, Reddit, Steemit, Bitcoin.com (forum).

    NOTE: Crypt-On Turbo Bounty Campaign supports the unlimited number of participants, but is limited in time until March 27, 2019. Check the current number of participants and all stakes earned by them in the Spreadsheet.

  2. Sign up or login TOKPIE exchange. Then click on [Deposit] button to add 50% bounty stakes you have already earned. After a short check-up, the stakes will appear on your TOKPIE account balance.

    NOTE: Don’t click on “Deposit” until you see your stakes in the spreadsheet and strictly follow the instructions when depositing to speed up the processing.

  3. Sell your stakes in the [ IPT_Stake_Turbo / ETH ] market to get Ethereum immediately!

NOTE:
– By clicking on the market you can submit your trade orders at any price you want, check market depth, view current bids, asks, last matched prices and price charts;
– You may sell and buy IPT stakes only until Mar 27, 2019 (end of the Crypt-On Bounty campaign);
– All holders of IPT bounty stakes will automatically get IPT token on their Tokpie account balances during token distribution and in accordance with the conversion’s proportion revealed as the results of the bounty campaign;
– You can check bounty stakes price without registration (6 sec. loading time)
– The following trade fees are applied.

 

FAQ

Q: May I see some feedbacks for how it works?
A: Sure, this is our 5th “Get Ethereum instantly” campaign. Check our ANN thread dedicated to the Bounty Stakes Trading.
Also, you can join the discussion of that campaign on Bitcointalk.

Q: How can you prove that this is eligible?
A: Check official bounty campaign and TOKPIE contracting with Crypt-ON.

Q: What is the TOKPIE?
A: TOKPIE is the first cryptocurrency exchange that provides a unique Bounty Stake Trading service to hunters and early investors.

Q: I have questions. Where can I ask them?
A: You can post your questions here or ask them on TOKPIE telegram group.

Useful Links:

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

TerraGreen (TGN) coin is going to be listed on TOKPIE exchange

In continuation of the collaboration between TerraGreen and TOKPIE exchange, the parties agreed to list TGN coin on TOKPIE in July 2019.

That listing could be found on the TOKPIE’s market statistics section (6 seconds loading time) and on the Coinpaprika markets section. Such listing will allow to buy/sell TerraGreen coin with Ethereum (ETH).

TGN coin on TOKPIE
TOKPIE market statistics

TGN on Coinpaprika
Coinpaprika markets section

What is the TerraGreen (TGN) coin

TGN Coin is a cryptocurrency build on own TerraGreen blockchain Platform, SHA-384 hash function. TerraGreen Coin belongs to Platform Coin. TerraGreen is going to introduce Energy Token Creation Module. Any renewable energy producer will be able to Create Energy Token and raise part of capital required to finance the renewable energy producing by selling off some part of Joule that will be produced in the future on the Terra Green network, in a form of energy Token.
Respectively, the TGN coin as an energy cryptocurrency could be purchased by investors or green energy buyers safely.

TGN coin can be bought with a great discount through TerraGreen ICO only until May 02, 2019.

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