MocktailSwap - Decentralized Swap Solution On Binance Smart Chain

cold80 (37)in #mocktailfinance • 3 years ago

About MocktailSwap Finance

MocktailSwap 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.

What is MocktailSwap ?

MocktailSwap is the decentralized swap solution on Binance Smart Chain. We provide a platform to create completely secured and fast decentralized token swaping system.

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

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 It 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 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.