Mocktail Finance is an AMM platform that involves use of different strategies to obtain yield on the BSC. This swap is the solution on BSC. It provides their community with a safe and secure place for them to swap their tokens.
Features of mocktail finance
Trade: The exchange on BSC allows users to exchange their two tokens.
Earn: Users can earn MOK through yield farms and staking pool, and also earn other tokens in the process.
Why use Binance Smart Chain?
Why go for something lesser when the one with the most quality is right in front of you? This is the case with Binance Smart Chain and other blockchain networks. The BSC costs lesser, and it carries out transactions quickly. Although, BSC doesn't have the kind of adoption that the Ethereum blockchain network has, it is still the best project for Mocktail Finance.
Roadmap
The roadmap of Mocktail Finance is preferably described as a to-do list that doesn't have a time limit or arrangement. They work on their to-do list as fast as they can.
They have successfully ticked 5 out of 6 on their to-do list, and the one still left out is the personal dashboard which they don't know when it will be ready, but will be completed soonest. As we all know, Mocktail offers their community staking options, and while they have ticked 2 out of 3 on their to-do list, they still don't have a community pool where BSC project pools can be hosted, although they are working towards making it available. There are so many projects that the Mocktail Finance looks forward to such as voting and analytics(which are important features on the platform), creating IFOs, making available an NFT ecosystem and many others. However, their fixed staking is already available.
Exchange
The process of swapping tokens on Mocktail Finance is an easy process which involves the exchange of a BEP20 token for another BEP20 token on their liquidity pools. LPs are the individuals who stake their tokens in pools to provide liquidity for the pool. To reward the liquidity providers for providing liquidity, they give them the platform's liquidity token(FLIP) which can be staked in the farm to get MOK.
The platform's trading fee is 0.2% for every token swap made on the platform, and it is distributed as follows:
0.17% goes to liquidity providers as a reward for providing liquidity. 0.03% goes to the platform's development treasury.
Liquidity pools
The Mocktail pools allows users to add liquidity to add their tokens to the liquidity pools. The liquidity provider token(DRINKS) is given to LPs once they add their tokens to a liquidity pool.
For example, if an LP stakes $MOK and $BNB in a liquidity pool, they get MOK-BNB FLIP token in return. The amount of FLIP tokens you are rewarded with is based on the section of MOK-BNB pool that belongs to you. For providers of liquidity, it is not certain that you will be free from any form of losses as there are risks present.
For more information on MocktailSwap :
Website - https://www.mocktail.finance/
Website - https://www.mocktailswap.finance/
Telegram group - https://t.me/MocktailSwap
Whitepaper - https://docs.mocktailswap.finance/
Twitter - https://twitter.com/MocktailSwap
Facebook - https://www.facebook.com/MocktailSwap/
Publishers Informations :
Bitcointalk Username: Bestmanbuka
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2125805
BEP-20 Wallet Address: 0x373eF2FB5b3df50541384aBdBa29b5E92aa2786D