📄 How to start with TiPiDao

How to buy TPD?

There are several venues to purchase TPD: PancakeSwap or DEX aggregators. Make sure to check the slippage first before buying TPD, as some venue offers worse rate than the others due to low liquidity.

  1. Go to this PancakeSwap page. We use PancakeSwap as an example here. It is recommended to compare the exchange rate across different DEXes to ensure you are getting the best price.

  2. Make sure the output currency is TPD. You can also copy and paste the TPD contract address into the output currency field to ensure you are swapping for the right token. Paste TPD contract address

  3. You can select any input currency based on your available wallet balance. It is recommended to use BUSD as the input currency to minimize the slippage. Make sure the output currency is TPD.

  4. Select the amount of TPD you want to swap for. Then click “Approve” and sign the transaction.

  5. After the “Approve” transaction has been processed successfully, click “Swap” and sign the transaction.

  6. You should see TPD in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add TPD contract address to your wallet. The “Approve” transaction is only needed when you swap TPD for the first time; subsequent swapping only requires you to perform the “Swap” transaction.

Purchase A Bond

Bonds allow users to buy TPD from the protocol at a discount by trading it with liquidity (LP tokens) or other assets. The former is called liquidity bonds and the latter reserve bonds. Bonds take roughly 15 epochs to vest, and TPD tokens are vested linearly to the user over that period. Liquidity bonds help the protocol to accumulate and lock liquidity, while reserve bonds allow the protocol to grow its treasury, and thus its RFV faster.

Stake Your TPD

Staking allows you to earn TPD passively via auto-compounding. By staking your TPD with TiPiDao, you receive sTPD (staked TPD) in return at a 1:1 ratio. After that, your sTPD balance will increase automatically on every epoch based on the current APY.

How to Stake?

  1. Go to the Stake page of the TiPiDao website. Select the “Stake” tab.

  2. Enter the amount of TPD that you would like to stake in the input field. If you would like to stake all your TPD, press the “Max” button and the input field will be populated with all your available TPD balance.

  3. Click “Approve” and sign the transaction.

  4. After the “Approve” transaction has been processed successfully, click “Stake” and sign the transaction. Voila, you have staked your TPD!

How to Unstake?

  1. Go to the Stake page of the TiPiDao website. Select the “Unstake” tab.

  2. Enter the amount of sTPD that you would like to unstake in the input field. If you would like to unstake all your sTPD, press the “Max” button and the input field will be populated with all your available sTPD balance.

  3. Click “Approve” and sign the transaction.

  4. After the “Approve” transaction has been processed successfully, click “Unstake” and sign the transaction.Note: The “Approve” transaction is only needed when staking/unstaking for the first time; subsequent staking/unstaking only requires you to perform the “Stake” or “Unstake” transaction.

Glossary

APY tells you the annualized rate of return based on the reward yield. It takes into account the effect of compounding since sTPD rebases exponentially.

Current Index allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any TPD, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your sTPD balance has increased.

Next Rebase tells you the remaining time until the next rebase.

Reward Yield tells you how much your sTPD balance will increase when the next epoch begins. For example, if you stake 100 TPD and the upcoming rebase is 0.5427%, your sTPD balance would increase from 100 to 100.5427.

ROI (5-Day Rate) estimates how much your sTPD balance will increase after 5 days, if the reward yield stays the same during this period. For example, if you stake 100 TPD and the rate is 8.4577%, your sTPD balance would increase from 100 to 108.4577 after 5 days.

TVL measures the dollar amount of all the staked TPD in TiPiDao.

Your Balance tells you how many unstaked TPD are in your wallet. This is the maximum amount that you can stake.

Your Staked Balance tells you how many staked sTPD are in your wallet. This is the maximum amount that you can unstake.