Mocktailswap: Unprecedented features

almost.slow (25)in #mocktailfinance • 3 years ago

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INTRODUCTION

Mocktailswap is a Defi platform that specialises on maximising its user's finances through mining on the Binance Smart Chain pool. It is an Etherum based platform managed by an experienced team. It has some revolutionary techniques that ensure safe transactions and liquidity of its token and a routine audit is conducted on the platform for trust and transparency.

The main focus of Mocktailswap is to improve the socio-economic activities of its users through the provision of a secured and standard investing platform that will help them to earn massively by staking their fund on its platform. They have unique smart contracts built on advanced blockchain which will be reviewed regularly by renowned auditors to enhance safety and transparency.

MOK is the native token of the platform that is used in all transactions on the platform.

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EXCHANGE

This is a section of Mocktailswap finance where users trade MOK-BNB tokens. It is safe, easy and relatively cheap. A fee of 0.2% is required for each exchange transaction.

MOCKTAILSWAP LIQUIDITY

MOK-BNB tokens are deposited on the BSC liquidity pool for mining. The earnings realized from the mining are shared among the users, while some are turned into buyback for burning MOK tokens. This process improves the Liquidity and longevity of the platform.

STAKING

The staking process in Mocktailswap involves depositing and locking of MOK and other Etherum BEP-20 based tokens in the Liquidity pool. There is a great percentage rate of return on the staked assets with guaranteed long-term stability of the structure and value of the platform.

YIELD FARMING

This is the Participants of Defi services. It is a process of rewarding investors for providing funds in the Liquidity pool.

Users who deposit assets (MOK-BNB) tokens, are given DRINKS tokens. The DRINKS tokens are staked for rewards on the Binance Smart Chain network.

There may be little temporary losses in the Liquidity pools, but it's better than keeping the tokens in the wallet. Participants can unstake their assets whenever they wish.

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CONTROLLING MOK SUPPLY

Mocktailswap finance team has projected measures to check the amount of MOK tokens in circulation on the ecosystem. This is necessary because there is no stated limit amount of tokens supply in the project, posing serious concern to the participants.

The measures are:

Deflationary Mechanics

Mocktailswap team projects to buy back (burn) MOK tokens whenever there is need to do so. It will be done regularly in order to protect the value of the platform. The burnt tokens are transformed into products, and the participants are also encouraged to bring more Liquidity into the ecosystem.

Reducing Block Emission

MOK tokens are produced in blocks. Mocktailswap adopts a method to cut the quantity of tokens generated in a block released. This will not be a continuous process.

Note: This approach has been tried once and it was successful.

INITIAL FARM OFFERING (IFO)

Mocktailswap uses this technique to initiate newly proposed tokens to the Mocktailswap community. New tokens are purchased by community members with MOK-BNB tokens.

This process is used to raise funds for the platform.

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