Good morning lads! I hope this post finds you in good health :) Previously we had to touch on the possibility of selling our bounty stakes for Ethereum and USDC. You can read about it if you haven't done that yet here. This is just a build up on what we started, nothing more! Without wasting much time let's get to business
About Tokpie & TKP token
Tokpie is an exchange that allows for the trading of bounty stakes for instant cash. With this service you don't need to wait for months to cashout your hard earned bounty stakes. TKP is the native token of the exchange which is used as collateral if you want deposit bounty stakes. Tokpie also offer lending and borrowing service for it customers. The service allows customers to borrow TKP to use as colleteral for bounty stakes trading. Interests incurred for borrowing TKP are paid to lenders who are also customers and want to earn passively from their idle TKP tokens.
The ongoing bounty program
At the time of publishing, the current live bounty program is "YOUengine" which has it's stakes being traded on Tokpie and can exchange immediate for TKP, ETH and USDC. Decide to participate in Twitter, Facebook, articles, signature, translation and Telegram campaigns.
YOUengine is a decentralized, tokenized advertising platform where over 200 million advertisers connect with 4 billion users who get paid to watch ads. The YOUC token IEO/listing has been approved on P2PB2B, Latoken and others in the pipeline while its MVP will also be released in mid of May, this year.
The entire campaign has a price pool of 30,000,000 YOUC tokens which is equivalent to $3,000,000. The bounty will have four rounds with each round having a price pool of 7,500,00 YOUC token and will run for 7 weeks. Join YOUengine bounty on Bitcointalk.
How to collateraliize TKP and instantly deposit bounty stakes.
Log in to your Tokpie account or sign up for an account which wouldn't take that long here
Choose "Collateralize Asset" from the menu on the left side of your screen.
On the main page, choose from the drop down menu the kind of stake/asset you want to deposit. In my case I opted to deposit round 1 Telegram stakes ( YOUC CA Stake R1 Telegram) which I have already earned some stakes. However, you can deposit even before you earn your stakes.
The quantity of stakes you can deposit is dependent on your TKP holdings. Therefore in order to deposit larger quantities, you need to have enough TKP.
Next step is to proceed to enter the quantity you want to deposit and click on the "u & Deposit" button when you're sure everything is alright.
Congrats! You've successfully deposited bounty stakes into your account and ready to trade them for some ETH or USDC.
From your balance page, you can find your deposited stakes and TKP balance. Once the stakes are visible in your account, you can trade them for cash which I'm going to cover with how to settle your borrowed stakes in my next post.
For your information, depositing Bounty Stakes comes with no fee.
I hope you enjoyed this? :) Make sure you don't miss out on my next episode. Thanks!!!
