MocktailSwap Providing high yields
The DeFi world keeps growing, and as it grows, more projects are also created. Some of these projects claim to be decentralized, but later turn out to be scams, and leave the investors stranded. While the rest of the projects are actually genuine, but have different levels of decentralization to offer their users. Mocktail Finance is a decentralized platform offering their users full decentralization and multiple yield through its many projects available for users. These projects are going to bring in more profits for them, and they include staking, farming and swapping.
Mocktail Swap, a project available in the platform, allows the users to swap their tokens easily on the growing blockchain technology, Binance Smart Chain. The Binance Smart Chain is gradually making waves into the crypto world, and upcoming projects are making use of it mostly because of its speedy transactions and low fees, and for the fact that it is a good blockchain network. Although it doesn't have the kind of adoption which the Ethereum blockchain has, it still has a lot to offer to the projects, and will surely make it to the adoption stage in the nearest future.
Services that the Mocktail Finance offers users
Swapping: Swapping mainly involves the trade of one token for another token, and usually involves low fees i.e. on Mocktail Finance. The swapping process is done for low charges with the LP who have given liquidity to that particular pool.
Liquidity: It describes how flexible an asset can be either bought or sold. It is seen as the ability for a trader to buy or sell a token without causing much impact to that particular market. It can also be seen as how easy it is for an asset to be exchanged for fiat.
Yield farming: This is seen as a way for a trader to earn more crypto using the available crypto on his/her wallet. It allows the users(who we call farmers) to lend out their tokens through smart contracts, and in return, they are given profits for their act. Yield farmers go through complex processes in order to earn more profits. They make use of complicated strategies. Also, they are not open about their strategies in order to keep it effective and working.
Staking: Staking involves a group of traders who hold a particular token, coming together to put their tokens in a particular staking pool to certify blocks and increase their chance of earning higher profits. They bring their tokens together, and at the end of the day, they share the rewards based on the amount of tokens which has been contributed to the pool.
FAQ: Is the platform's team anonymous?
Well, for most projects, their team is publicly announced, and known by the community, but the Mocktail Finance project is a unique one, and would like to keep their team anonymous. They believe that if they were to reveal their identity to the public, it would be a risky act, so it would be better if they remained silent about their different identities.
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