MocktailSwap- A decentralized swap solution with multi-strategy yield optimizing on Binance Smart Chain.

blockchaintrace (2)in #mocktailfinance • 3 years ago

In this article, I am going to talk about MocktailSwap. Decentralized exchange is the concept of creating financial institutions that are run by computers, blockchains, and laws that everyone may access without obtaining permission. Alone with different advantages, there are many limitations in decentralized exchange too. MocktailSwap comes up with its unique features to make decentralized exchange much more reliable to investors. Mocktail Token is the first semi-fungible token of MocktailSwap. 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.

About Blockchains

Blockchain is a method of storing data that makes it difficult or impossible to alter, hack, or cheat it. A blockchain is a decentralized ledger of transactions that is duplicated and distributed through the blockchain's entire network of computer systems. Each block in the chain contains a number of transactions, and if a new transaction occurs on the blockchain, a record of that transaction is added to the ledger of each party. Distributed Ledger Technology is a decentralized database that is run by multiple participants.

Features

Trade

The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain.

Earn

On top of that, you can earn MOK with yield farms, earn MOK with Staking, and earn even more tokens.

How MocktailSwap works

It’s a new Ethereum token standard on Binance Smart Chain 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.

Swapping

Swapping is the process of swapping one token to another, on the same platform. Swapping is done with a minimal fee for the liquidity provider that has provided liquidity to the pool.

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.

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.

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.

Private Sale

Starting Block: Yet to Announce

Starting Time: APR 1, 2021 17:00 UTC

Ending Time: APR 2, 2021 17:00 UTC

Soft Cap: 500,000 MOK

Hard Cap: 1,500,000 MOK

Circulating Supply : 0 MOK

Private Sale : 1,500,000 MOK

Min. Investment : 0.01 BNB

Max. Investment: 100 BNB

Initial Token Distribution

5% Team

7.5% Bounty & Marketing Campaign

12.5% Ecosystem

75% Private Sale

Mining Token Distribution

25% Staking

37.5% Burning

37.5% Farming

I have seen and tried different platforms and lost in the market until I was introduced to MocktailSwap. They provide a platform to create a completely secured and fast decentralized token swapping system. This was my best trading experience. I truly recommend this unique and reliable platform.

Hashtags : #MocktailFinance #MocktailSwap #MOK #blockchain #cryptocurrency #technology #bitcoin #money #crypto #Binance #BNB #cryptocurrencies #fintech.