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.
Learn more about the project:
Mocktail Token Website — https://mocktail.finance
MocktailSwap Website — https://mocktailswap.finance
Whitepaper — https://docs.mocktailswap.finance
Facebook : https://www.facebook.com/MocktailSwap
Twitter : https://twitter.com/MocktailSwap
Linkedin : https://www.linkedin.com/company/mocktailswap
Telegram : https://t.me/MocktailSwap
Reddit : https://www.reddit.com/user/MocktailSwap
Instagram: https://www.instagram.com/mocktailswap
Discord : https://discord.com/invite/cntAVTJbGy
Medium : https://medium.com/@MocktailSwap
Authorship
BitcoinTalk username : Theyetion
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2280672
Bep 20 Address : 0x7174fEd08DBeea426829CC5204876D78d0300bD5