MOK ; An ERC 1155 token with great beneficial features.

in #mocktailfinance3 years ago

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PREFACE

Defi system is being accepted as the means of financial transactions in the globe. It is talking over the traditional finance and banking system which is centralized and has some issues which limit its services and growth.

MOK intends to provide digital financing to the end users of Defi by ameliorating the challenges faced by the traditional finance institutions in creating wealth for its users through unique staking and mining. Its products and services can be accessed by anyone without permission. Any user with computer devices that has internet service can take part in MOK Defi platform. It has a token with unique features that will attract various investors and users to both its platform and Defi in general.

The platform is managed by a team of expatriate that are grounded with years of experience in Defi services, harnessed to provide easy, secured and transparent transactions.

MOK CONTROL

The team didn't give a complete amount of tokens that they will provide for the Mocktailswap project. This is a serious concern to the users because of inflation.

Nonetheless, there are measures instituted by the management to bring the number of available MOK tokens under control. Such as

Block Emission Reduction

This measure makes the number of produced MOK tokens in a block to be smaller. This measure will not be taken frequently, but it has been tried and resulted in reduction of 0.0625 from 1 MOK per block.

Deflationary Mechanism

The team will burn various Mocktailswap tokens regularly in order to control the supply of MOK in the ecosystem.

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MAIN FEATURES OF MOCKTAILSWAP FINANCE

MOK MINING

Participants in MOK Yield Farming deposit MOK-BNB tokens and are assuredly rewarded with MOK-BNB FLIP tokens for investing, staking, depositing and lending. The FLIP tokens can be converted and sold after presale.

The MOK-BNB FLIP tokens are staked on the BSC pools for farming. They are thereby rewarded from the proceeds of the Mocktailswap transactions.

STAKING

Users are allowed to stake BEP-20 based tokens in the DApp. The deposited funds and accumulated interest can be withdrawn by the investor at any time without any charges.

Little insignificant losses may occur on the staked tokens. Still, it is better than staying idle in the wallet.

EXCHANGE

This platform allows participants to trade BSC tokens easily. A fee of 2% is charged on each transaction.

A part of the fee (0.17%) is used to reward the Liquidity providers while the remaining part (0.03%) is channeled to the development fund.

ROADMAP

This is set of procedures in establishing Mocktailswap finance project:

Full site work

This is the preliminary stage of setting up the official Internet site of the project.

New homepage
Personal dashboard
Improved UX
Faster site
Mobile Friendly
New navigation system

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MOK staking

This is the stage of staking and provision of liquidity to the various pools such as:

MOK staking
Core pools
Community pools

Other products

This is the stage of establishing other products in the platform such as:

Voting
Analytics
Binary options
Fixed-term staking
Customized user profile
NFT-based Gasification
NFT Ecosystem
Lending and borrowing
Margin trading
Initial Farm Offering

USEFUL LINKS
Website: https://www.mocktail.finance/
Whitepaper: https://docs.mocktailswap.finance/
Telegram: https://t.me/MocktailSwap
Twitter: https://twitter.com/MocktailSwap
Facebook: https://www.facebook.com/MocktailSwap
LinkedIn: https://www.linkedin.com/company/mocktailswap
Instagram: https://www.instagram.com/mocktailswap/
Discord: https://discord.gg/cntAVTJbGy
Github: https://github.com/MocktailSwap
Reddit: https://www.reddit.com/u/MocktailSwap

AUTHOR'S DETAILS
Bitcointalk Username: Nesanens
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767345
Proof of Authentication: https://bitcointalk.org/index.php?topic=5327223.msg56857457#msg56857457
Binance Smart Chain Wallet Address: 0xEC77d8EF19da5DC6e60f306B625378aeBeafe9e2

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