{"id":2334,"date":"2019-10-27T13:28:24","date_gmt":"2019-10-27T13:28:24","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=2334"},"modified":"2019-11-14T13:20:57","modified_gmt":"2019-11-14T13:20:57","slug":"how-to-return-collateral-pledged-for-depositing-fred-bounty-stakes","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/how-to-return-collateral-pledged-for-depositing-fred-bounty-stakes\/","title":{"rendered":"How To Return Collateral Pledged  for Depositing FRED Bounty Stakes"},"content":{"rendered":"\n<p>To get back the TKP collateral tied during&nbsp;<a rel=\"noreferrer noopener\" aria-label=\"FRED bounty stakes depositing (opens in a new tab)\" href=\"https:\/\/tokpie.io\/blog\/how-to-deposit-fred-energy-bounty-stakes\/\" target=\"_blank\">FRED bounty stakes depositing<\/a>&nbsp;use one of the two options described below.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Settlement\u00a0<strong>BEFORE<\/strong>\u00a0the distribution of FRED tokens to bounty participants.<\/h3>\n\n\n\n<p>You can settle your obligation&nbsp;<strong>at any time, before FRED tokens distribution<\/strong>&nbsp;to bounty hunters, by simply giving back the FRED bounty stakes, which you had previously deposited.<br><br>How to do that?<br>1. Open&nbsp;<a rel=\"nofollow noopener noreferrer\" href=\"https:\/\/tokpie.com\/dashboard\/make_ca_user\/\" target=\"_blank\">Collaterelize Asset&nbsp;<\/a>page<br>2. Find the line with the bounty stakes which you want to settle<br>3. Click on [settle] button as shown in the example below.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"340\" src=\"https:\/\/tokpie.io\/blog\/wp-content\/uploads\/2019\/10\/return_collateral-1024x340.png\" alt=\"\" class=\"wp-image-2335\" srcset=\"https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral.png?size=168x56&amp;lossy=2&amp;strip=1&amp;webp=1 168w, https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral-300x100.png?lossy=2&amp;strip=1&amp;webp=1 300w, https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral.png?size=504x167&amp;lossy=2&amp;strip=1&amp;webp=1 504w, https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral.png?size=672x223&amp;lossy=2&amp;strip=1&amp;webp=1 672w, https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral-768x255.png?lossy=2&amp;strip=1&amp;webp=1 768w, https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral.png?size=840x279&amp;lossy=2&amp;strip=1&amp;webp=1 840w, https:\/\/b3776367.smushcdn.com\/3776367\/wp-content\/uploads\/2019\/10\/return_collateral.png?lossy=2&amp;strip=1&amp;webp=1 1024w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption>Releasing TKP collateral BEFORE distribution of FRED tokens<\/figcaption><\/figure><\/div>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>IMPORTANT: Before settlement, make sure that you have these bounty stakes on your Tokpie account balance. If you don\u2019t have, then delete all opened orders <a rel=\"nofollow noopener noreferrer\" href=\"https:\/\/tokpie.com\/dashboard\/s\/kuserrequests\/\" target=\"_blank\">here<\/a> or buy these stakes in the related&nbsp;<a rel=\"noreferrer noopener\" href=\"http:\/\/tokpie.io\/#stakes-tkp\" target=\"_blank\">market<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Settlement&nbsp;<strong>AFTER<\/strong>&nbsp;the distribution of FRED tokens to bounty participants.<\/h3>\n\n\n\n<p>If you have not yet fulfilled your obligation as described in the 1st option above, then Tokpie sends you an email notification containing  the  following information:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>amount of FRED tokens that you must send to Tokpie. It\u2019s calculated as&nbsp;<code>stakes-to-token conversion rate x the number of unsettled bounty stakes<\/code>;<\/li><li>a wallet address to which you must transfer FRED tokens.<\/li><\/ul>\n\n\n\n<p>NOTE:<br>\u2013 Tokpie sends this email notification only after FRED tokens are  distributed to all eligible bounty hunters. Then, you will have&nbsp;<strong>48 hours<\/strong>&nbsp;to transfer FRED tokens;<br>\u2013 After a successful transfer, you will get back TKP tokens previously tied as collateral automatically.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What if bounty campaign fails<\/h3>\n\n\n\n<p>If Fred Energy project doesn\u2019t distribute FRED tokens to bounty hunters for  any reasons (a failed project) then Tokpie returns TKP collateral to a user who has collateralized and deposited FRED bounty stakes, due to the formula:&nbsp;<\/p>\n\n\n\n<p><code><em>TKP pledged as collateral&nbsp;<\/em><strong><em>-<\/em><\/strong><em>&nbsp;TKP tokens already obtained by a user from selling the related bounty stakes<\/em><\/code><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Useful Links<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><a rel=\"noreferrer noopener\" href=\"https:\/\/tokpie.io\/blog\/take-ethereum-eth-usdc-and-tkp-in-advance-for-bounty-work\/\" target=\"_blank\">Other campaigns where you can receive ETH, USDC, TKP instantly<\/a><br>For any questions, you can contact us at&nbsp;<a rel=\"nofollow noopener noreferrer\" href=\"https:\/\/t.me\/tokpie\" target=\"_blank\">https:\/\/t.me\/tokpie<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>To get back the TKP collateral tied during&nbsp;FRED bounty stakes depositing&nbsp;use one of the two options described below. 1. Settlement\u00a0BEFORE\u00a0the distribution of FRED tokens to bounty participants. You can settle your obligation&nbsp;at any time, before FRED tokens distribution&nbsp;to bounty hunters, by simply giving back the FRED bounty stakes, which you had previously deposited. How to &hellip; <a href=\"https:\/\/tokpie.io\/blog\/how-to-return-collateral-pledged-for-depositing-fred-bounty-stakes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How To Return Collateral Pledged  for Depositing FRED Bounty Stakes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[312,561,570,571,572,619,620,621],"class_list":["post-2334","post","type-post","status-publish","format-standard","hentry","category-bounties","tag-bounty-stakes-trading-2-0","tag-obligation-settlement","tag-return-collateral","tag-return-tokens","tag-release-collateral","tag-unlock-collateral","tag-fred-energy","tag-fred-bounty"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How To Return Collateral Pledged for Depositing FRED Bounty Stakes - Tokpie Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokpie.io\/blog\/how-to-return-collateral-pledged-for-depositing-fred-bounty-stakes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How To Return Collateral Pledged for Depositing FRED Bounty Stakes\" \/>\n<meta property=\"og:description\" content=\"To get back the TKP collateral tied during&nbsp;FRED bounty stakes depositing&nbsp;use one of the two options described below. 1. Settlement\u00a0BEFORE\u00a0the distribution of FRED tokens to bounty participants. You can settle your obligation&nbsp;at any time, before FRED tokens distribution&nbsp;to bounty hunters, by simply giving back the FRED bounty stakes, which you had previously deposited. 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