MocktailSwap - The World's First Semi-Fungible Token on BSC - BV_Crypto

Monday, April 19, 2021

MocktailSwap - The World's First Semi-Fungible Token on BSC

 

Overview:
A decentralized exchange (DEX) is a cryptocurrency exchange that operates in a decentralized way, without a central authority. DeFi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities we can build exchanges, lending services, insurance companies, and other organizations that don't have an owner and aren't controlled by anyone.

Dex allows you to swap your tokens from one to another in a decentralized manner without any interference from any third party.

What is Mocktail Finance?
Mocktail Finance is an AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault compounding, lending, and yield generation for maximum returns.

Services Offered by Mocktail Finance:
  • Swapping - Swapping is the process of swapping one token to another, on the same platform. Swapping is done with minimal fees for the liquidity provider, that has provided liquidity to the pool
  • Liquidity - Liquidity is a measure of the ease at which an asset can be converted to another asset without affecting its price. In simple terms, liquidity describes how quickly and easily an asset can be bought or sold.
  • Farming - Yield farming is a way to make more crypto with your crypto. It involves you lending your funds to others through the magic of computer programs called smart contracts.
  • Staking - A staking pool is a group of coin holders merging their resources to increase their chances of validating blocks and receiving rewards. They combine their staking power and share the rewards proportionally to their contributions to the pool.
What is Mocktail Swap?
MocktailSwap is the decentralized swap solution on Binance Smart Chain. Which provides a platform to create a completely secured and fast decentralized token swapping system.
Token swaps on MocktailSwap are a simple way to trade one BEP-20 token for another via automated liquidity pools.
When you make a token swap (trade) on the exchange you will pay a 0.2% trading fee, which is broken down as follows:
0.17% - Returned to liquidity pools in the form of a fee reward for liquidity providers.
0.03% - Sent to the MocktailSwap Development Treasury.

Why Mocktail Swap?
- Stable positioning of your assets with little to no impermanent loss
- Automated, maximally optimized yield
- Complete Decentralization
- A fully governance-based MOK token economy

Features of Mocktail Swap:
  • Trade - The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain.
  • Earn - You can earn MOK with yield farms, earn MOK with Staking, and earn even more tokens.
What is Mocktail Token(MOK)?
Mocktail Token is the first semi-fungible token of MocktailSwap. It’s a new Ethereum token standard and a new type of dapp on Mocktail Finance! The ERC-1155 token standard provides a way to make one smart contract govern almost an unlimited number of tokens — technically, 2²⁵⁶ token types with up to 2²⁵⁶ copies of each.
Additionally, each token is semi-fungible. Unlike ERC-721 non-fungible tokens (NFTs), which can only be owned by one address each.
Semi-fungible means:
- Each token type can be owned by multiple addresses
- One address can own multiple copies of each token.

Tokonomics:
Ticker: MOK
Chain: Binance Smart Chain (BEP-20)
Max Supply: There's currently no hard cap on the supply of MOK token, making it an inflationary token

Token Distribution:

Mocktail Swap is assuring the security of smart contracts by working with Certik Foundation
Roadmap :

Conclusion:
Mocktail finance is the decentralized Defi platform that helps users to swap,farm, and stake their crypto and earn additional crypto by taking advantage of the low fees structure of the Binance smart chain to maximize the earnings.
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For more information, please visit the link below:


Profile
Bitcointalk Username: dwinrs
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=1196948
BSC(BEP-20) Address: 0xdD3D0bB3dc3Ec2dA19cb839De1FB47d8D39aaf41

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