Tag: TOKPIE exchange

TLS Group (TLS) IEO on Tokpie exchange

UPDATE

TLS Group (TLS) token sale on Tokpie has finished!
The start of the EFT token trading on Tokpie exchange will be announced soon.

Get a share in green mining [completed] ?

The TLS Group (TLS) token sale on Tokpie has been completed!

BONUS: 106% ?

Get +50 TLS for every 50 TLS tokens purchased until Dec 26, 2019, at 23:00 UTC. Moreover, a special bonus available for Tokpie users who are subscribed to Light, Standard, Premium or Enterprise plan.

Subscription PlanBonus if buy 50 TLSBonus if don’t buy
Light+52.5 TLS+5.25 TLS
Standard+55 TLS+5.5 TLS
Premium+57.5 TLS+5.75 TLS
Enterprise+62.5 TLS+6.25 TLS

SESSION ⌛

IEO starts on Dec 05, 2019, 11:00 UTC, ends Dec 26, 2019, 23:00 UTC

PRICE

  • TLS/USDC: 1.3 USDC
  • TLS/ETH: 0.007138 ETH
  • TLS/TKP: 250 TKP

ASSET DESCRIPTION ?

Project name: TLS Group
Token symbol: TLS 
Blockchain: Ethereum
Total supply: up to 2,000,000,000 TLS
TLS Token Sale Price (IEO): 1.3 USD
Total Tokens Allocated to Tokpie IEO: 1,000,000 TLS
Price in ICO: 1.3 USD

The TLS Group is aiming to combine data center with immersion cooling and mining equipment with 2-10 Megawatts capacity. Having a unique technology for processing solar energy, the TLS Group will be mining different cryptocurrencies and distributing 40% revenue share to TLS token holders.

IMPORTANT

The purchase price is guaranteed against future market fluctuations prior to unlocking (December 27, 2019). The bonus is included in the IEO price. Cancellation or modification of IEO tokens purchased charged with a 5% penalty. Tokpie is going to list TLS in the ETH market on December 27, 2019. Tokpie does not provide any support related to IEO projects; Tokpie has the right of final interpretation.

LIMITATIONS

Users from the following countries will not be able to participate in token sales on the IEO: Iran, North Korea, United States

RISK WARNING

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.

FREE TOKENS AND REFUNDS

All users participating in Initial Exchange Offerings (IEOs) on Tokpie have great options to get IEO tokens for FREE and get a refund for initially purchased IEO tokens. Know how it works.

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

Get Airdrop Stablecoins and Tokens Regularly

The simplest way to earn passive income in crypto world forever

Track all active, coming, and finished giveaways.

To reward Tokpie users subscribed to the Light, Standard, Premium, or Enterprise plans, the Tokpie cryptocurrency exchange starts the endless airdrop campaign. So, get stablecoins regularly!

Thanks to the information below, you can track earnings received, participate in ongoing, and check all future airdrops. Also, know how to join in that endless airdrop campaign automatically.

Active airdrops

To get USDP airdrop, you must have Light, Standard, Premium, or Enterprise plans due by May 18, 2024. So, the Light plan users will get 4.2, Standard – 4.4, Premium – 4.6, and Enterprise – 5.0 USDP.

DatesAssetAmountUSD equivalent
May 18, 2024USDP4.2-5.0$4.2 – $5.0

Upcoming airdrops

Tokpie will make giveaways nominated in the following cryptocurrencies from May 2024 to July 2024.

DateAssetAmountUSD equivalent
May 18, 2024USDP4.2-5.0$4.2 – $5.0
June 18, 2024USDT4.2-5.0$4.2 – $5.0
July 18, 2024USDC4.2-5.0$4.2 – $5.0

Finished airdrops

DateAssetAmountUSD equivalent
April 17, 2024DAI4.2-5.0$4.2 – $5.0
February 29, 2024USDC4.2-5.0$4.2 – $5.0
January 19, 2024USDT4.2-5.0$4.2 – $5.0
December 23, 2023USDP4.2-5.0$4.2 – $5.0
November 18, 2023DAI4.2-5.0$4.2 – $5.0
October 18, 2023USDC4.2-5.0$4.2 – $5.0
September 19, 2023USDT4.2-5.0$4.2 – $5.0
August 19, 2023USDP4.2-5.0$4.2 – $5.0
July 26, 2023BUSD4.2-5.0$4.2 – $5.0
June 01, 2023DAI4.2-5.0$4.2 – $5.0
May 02, 2023USDC4.2-5.0$4.2 – $5.0
March 31, 2023USDT4.2-5.0$4.2 – $5.0
February 28, 2023USDP4.2-5.0$4.2 – $5.0
January 28, 2023BUSD4.2-5.0$4.2 – $5.0
December 16, 2022DAI4.2-5.0$4.2 – $5.0
November 17, 2022USDC4.2-5.0$4.2 – $5.0
October 15, 2022USDT4.2-5.0$4.2 – $5.0
September 15, 2022USDP4.2-5.0$4.2 – $5.0
August 15, 2022BUSD4.2-5.0$4.2 – $5.0
July 15, 2022DAI4.2-5.0$4.2 – $5.0
June 15, 2022USDC4.2-5.0$4.2 – $5.0
May 10, 2022USDT4.2-5.0$4.2 – $5.0
Apr 10, 2022USDP4.2-5.0$4.2 – $5.0
Mar 10, 2022BUSD4.2-5.0$4.2 – $5.0
Feb 10, 2022USDC4.2-5.0$4.2 – $5.0
Jan 10, 2022USDT4.2-5.0$4.2 – $5.0
Dec 10, 2021USDC4.2-5.0$4.2 – $5.0
Nov 10, 2021BUSD4.2-5.0$4.2 – $5.0
Oct 10, 2021DAI4.2-5.0$4.2 – $5.0
Sep 10, 2021USDT4.2-5.0$4.2 – $5.0
Aug 10, 2021USDC4.2-5.0$4.2 – $5.0
July 10, 2021DAI4.2-5.0$4.2 – $5.0
June 10, 2021USDT4.2-5.0$4.2 – $5.0
May 10, 2021USDC4.2-5.0$4.2 – $5.0
April 10, 2021DAI4.2-5.0$4.2 – $5.0
March 10, 2021USDT4.2-5.0$4.2 – $5.0
February 09, 2021DAI4.2-5.0$4.2 – $5.0
Aug 25, 2020USDT4.2-5.0$5.04 – $6.0
July 30, 2020BPT105 – 125$4.2 – $5.0
July 15, 2020USDC4.2-5.0$4.2 – $5.0
June 29, 2020USDT4.2-5.0$4.2 – $5.0
June 19, 2020DAI2.1-2.5$2.1 – $2.5
May 28, 2020CRAD10.5-12.5$0.09 – $0.1
May 02, 2020TLS10.5-12.5$2.4 – $2.9
April 23, 2020TestGrams10.5-12.5$0.47 – $0.56
Mar 23, 2020USDT1.05-1.25$1.05 – $1.25
Mar 14, 2020PGPAY10.5-12.5$0.21 – $0.25
Mar 07, 2020DAI1.05-1.25$1.05 – $1.25
Mar 01, 2020DOCT10500-12500$0.1 – $0.13
Feb 24, 2020ZDR10.5 – 12.5 $0.11 – $0.13
Feb 10, 2020TGN105-125 $0.6 – $0.75
Jan 31, 2020PGPAY3.15 – 37.5$1.42 – $16.88
Jan 23, 2020CLT10.5 – 12.5$1.58 – $1.88
Jan 06, 2020CRAD5 – 125$0.13 – $0.15
Dec 15, 2019TLS5.25 – 62.5$6.83 – $81.25
Dec 10, 2019FRED10500 – 12500$0.63 – $0.74
Nov 24, 2019XRM20-240$1 – $12
Dec 02, 2019EFT105-12502.9-34.4

How to join stablecoins airdrops? ❇️

To get valuable cryptocurrencies for FREE and FOREVER, you need to be subscribed to the Light, Standard, Premium, or Enterprise plan. Therefore, if you still have not subscribed, then do the following:

  1. Open the Tokpie’s subscription plans page
  2. Then, Click on the [Apply] button related to one of the Plans that you want to subscribe
  3. Finally, ensure that you have enough TKP tokens on your Tokpie account balance.
Choose you plan
Upgrade Tokpie’s subscription plan

Useful Links

Limited Easy Feedback (EFT) Airdrop on Tokpie exchange

Know how to get EFT tokens for free!

Every Tokpie user who is subscribed to the Light, Standard, Premium, or Enterprise plans will get 105-1250 Easy Feedback (EFT) tokens for free!

Airdrop amounts

The amount of airdrop you could get depends on the Subscription plan and joining conditions.

Subscription PlanAirdrop Amount ( ~ USD equivalent)
Light1050 EFT ( ~ $28.9)
Standard1100 EFT (~ $30.3)
Premium1150 EFT (~ $31.6)
Enterprise1250 EFT (~ $34.4)

How to join airdrop

There are two conditions which you must satisfy to get Airdrop Amount in full:

  • Be a Tokpie user subscribed to any of the paid plans (Light, Standard, Premium or Enterprise) on November 29, 2019, 23:00 UTC
  • Have at least 5000 EFT tokens on your Tokpie account balance on November 29, 2019, at 23:00 UTC. EFT tokens must be purchased on the Tokpie Launchpad during Easy Feedback IEO.
    IMPORTANT: if you don’t have at least 5000 EFT tokens on your Tokpie account balance on November 29, 2019, 23:00 UTC then you get only 10% of Airdrop Amount.

When distribution

Airdrop amount of EFT tokens will be deposited to your Tokpie account balance on December 02, 2019.

Useful Links

XRM Airdrop on Tokpie Exchange

Know how to get Refine Medium (XRM) tokens for free!

Everyone who is subscribed to the Tokpie’s Light, Standard, Premium, or Enterprise plans will get 20-240 Refine Medium (XRM) tokens for free.

Tokpie’s subscription plans

Update

XRM tokens had been successfully distributed to Tokpie users subscribed to the Light, Standard, Premium, and Enterprise plans.

Airdrop amounts

The amount of airdrop you could get depends on the Subscription plan and joining conditions.

Subscription PlanAirdrop Amount ( ~ USD equivalent)
Light200 XRM ( ~ $10)
Standard210 XRM (~ $10.5)
Premium220 XRM (~ $11)
Enterprise240 XRM (~ $12)

How to join airdrop

There are two conditions which you must satisfy to get Airdrop Amount in full:

  • Be a Tokpie user subscribed to any of the paid plans (Light, Standard, Premium or Enterprise) on November 24, 2019, 23:00 UTC
  • Have at least 1000 XRM tokens on your Tokpie account balance on November 24, 2019, 23:00 UTC. XRM tokens must be purchased on the Tokpie Launchpad during Refine Medium IEO.
    IMPORTANT: if you don’t have at least 1000 XRM tokens on your Tokpie account balance on November 24, 2019, 23:00 UTC then you get only 10% of Airdrop Amount.

When distribution

Airdrop amount of XRM tokens will be deposited to your Tokpie account balance on November 25, 2019.

Useful Links

Easy Feedback (EFT) PTS on Tokpie Exchange

UPDATE

Easy Feedback (EFT) token sale on Tokpie has finished!
The start of the EFT token trading on Tokpie exchange will be announced soon.

Take part in the profitable, already working business since 2015! [completed]

Easy Feedback (EFT) public token sale on the Tokpie has been completed!

SESSION

Limited Time: starts Nov 15, 2019, 11:00 UTC, ends Nov 29, 2019, 23:00 UTC

PRICE WITH 45% DISCOUNT

  • EFT/USDC: 0.0275 USDC
  • EFT/ETH: 0.00014 ETH
  • EFT/TKP: 5.15 TKP

ASSET DESCRIPTION

Project name: Easy FeedBack
Token symbol: EFT 
Blockchain: Ethereum
Total supply: 179,141,000,000  EFT
EFT Price during the public token sale on Tokpie: 0.0275 USD
Total Tokens Allocated to Tokpie PTS: 360,000 EFT
Base ICO price: 0.05 USD

Easy Feedback Token (EFT) will be used to reward people who provide valuable feedbacks from www.EasyFeedback.com to improve products, services, and processes of companies and institutions.

IMPORTANT

The purchase price is guaranteed against future market fluctuations prior to unlocking. The bonus is included in the price. Cancellation or modification of tokens purchased charged with a 5% penalty. Token listing on Tokpie is planned to be done within several months after the end of the PTS. Tokpie does not provide any support related to PTS projects; Tokpie has the right of final interpretation.

LIMITATIONS

Users from the following countries will not be able to participate in token sales on Iran, North Korea, United States

RISK WARNING

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.

FREE TOKENS AND REFUNDS

All users participating in Public Token Sales (PTSs) on Tokpie have great options to get tokens for FREE and get a refund for initially purchased tokens. Know how it works.

Refine Medium (XRM) IEO on Tokpie

UPDATE

Refine Medium (XRM) IEO on Tokpie has finished! Now, the XRM token listed and traded on Tokpie. 

Get Your 68% Bonus! [completed]

The Refine Medium (XRM) token sale on Tokpie has been completed!

SESSION

Limited Time: starts Nov 21, 2019, 11:00 UTC, ends Nov 24, 2019, 23:00 UTC

PRICE

  • XRM/USDC: 0.05 USDC
  • XRM/ETH: 0.00029 ETH
  • XRM/TKP: 9.4 TKP

ASSET DESCRIPTION

Project name: Refine Medium
Token symbol: XRM 
Blockchain: Ethereum
Total supply: 300,000,000 XRM
XRM Token Sale Price (IEO): 0.05 USD
Total Tokens Allocated to Tokpie IEO: 210,000 XRM
Price in ICO: 0.00085 ETH

Refine Medium is a media platform providing high-quality video content. Being decentralized, Refine Medium allows viewers, creators, and innovators to easily connect through Ethereum blockchain-based smart contracts.

IMPORTANT

The purchase price is guaranteed against future market fluctuations prior to unlocking (November 25, 2019). The bonus is included in the IEO price. Cancellation or modification of IEO tokens purchased charged with a 5% penalty. Tokpie is going to list XRM in the ETH market on November 25, 2019. Tokpie does not provide any support related to IEO projects; Tokpie has the right of final interpretation.

LIMITATIONS

Users from the following countries will not be able to participate in token sales on the IEO: Iran, North Korea, United States

RISK WARNING

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously.

FREE TOKENS AND REFUNDS

All users participating in Initial Exchange Offerings (IEOs) on Tokpie have great options to get IEO tokens for FREE and get a refund for initially purchased IEO tokens. Know how it works.

Asset Collateralization Rules

Asset collateralization allows Tokpie users to deposit bounty stakes in seconds and upfront.

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
  • Base price is an Asset price set by Tokpie and used in calculations of collaterals.
  • 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 are any altcoins (tokens or coins) 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.
  • Ban of a user can happen if a user(s) make wash trading.

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:

    Base price x Quantity x Collateral rate

    Where,
    Base price is the price of a stake set by Tokpie,
    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.

3. Risks of default

There are two risks associated with bounty stakes selling: a user default and a bounty fail.

If the value of unsettled bounty stakes, which were already sold, exceeds 100000 TKP, Tokpie has the power to unilaterally settle user’s obligations.  

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 that 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 the 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 that 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.

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

Join the community discussion on Bitcointalk