Mocktailswap : Powerful Yield Farming Platform
One of the new concepts that have emerged is yield farming. This is a new way to win prizes with cryptocurrency ownership using an unauthorized liquidity protocol. This allows everyone to earn passive income with a decentralized money laundering ecosystem built on Ethereum. As a result, yield farming could change the way investors operate HODL in the future. MocktailSwap is a Yield farming production platform that you can get and trust without a doubt.
Farming in MocktailSwap
Yield Farming is a way to get more crypto from your crypto. This includes lending to others via the wonders of computer programs called smart contracts.
Yield farmers will use a very complex strategy. They are constantly moving their crypto between different credit markets in order to maximize their profits. They will also be very secretive about the best-earning strategies. Why? The more people know about a strategy, the less effective it will be. The result is the western part of Decentralized Finance (DeFi), where farmers compete for the opportunity to grow the best crops.
What is Yield Farming?
The Yield Farming is usually done with an Ethereum ERC-20 token, and the price is usually an ERC-20 token type. However, this may change in the future. Why? So far, much of this activity has occurred in the Ethereum ecosystem.
Cross-chain bridges and other similar enhancements allow DeFi applications to become blockchain agnostic in the future. This means they can work on other blockchains that also support smart contract functionality.Farmers usually move their funds between different protocols to get high yields. As a result, the DeFi platform can offer other economic incentives to attract more capital to its platform. Just like on a centralized exchange, liquidity tends to attract more liquidity.
In a sense, the increase in production could be parallel to the stakes. However, there is a lot of complexity going on in the background. In most cases, this works with users called liquidity providers (LPs) who add funds to the liquidity pool.In essence, this is a smart contract that contains funds. In return for providing pool liquidity, LP receives a prize. These rewards can come from fees generated by the major DeFi platforms or other sources.
Some liquidity pools pay their price with multiple tokens. This price token can then be deposited into another pool of liquidity to win prizes, and so on. Now you can see how very complex strategies can come up quickly. However, the main idea is that liquidity providers pay money into the liquidity pool and win rewards for doing so.
Farms
Initial Liquidity Collection (LP) for MOK Token Cultivation:
Price multiplier:
● IOC / BNB LP
● MOK / BUSD LP
● BNB / BUSD LP
● BNB / IOC LP
How are farm returns calculated?
Usually, the estimated yield from farming is calculated annually. It estimates the rate of return you can expect in one year.
Some of the indicators that are commonly used are the Annual Percentage (APR) and the Annual Percentage of Results (APY). The difference between the two is that APR does not take into account the mixing effect whereas APY takes into account the effect. In this case, the combination means reinvesting the profits immediately to get more returns. Note, however, that APR and APY can be used interchangeably.
It should also be noted that these are only estimates and forecasts. Even short-term rewards are difficult to measure accurately. Why? Yield Farming is a very competitive and fast-moving market, and the payoff can vary quickly. If the cultivation strategy is successful for some time, many farmers will take advantage of the opportunity and may not get high yields.
Since the APR and APY are from an older market, DeFi may need to find its own indicators to calculate returns. Due to DeFi's fast speed, estimates of weekly or even daily returns may make more sense.
Yield farming, also known as the return on liquidity, is a way of earning a reward for owning cryptocurrency. In simple terms, this means blocking cryptocurrency and accepting rewards. In this way, MocktailSwap holders can earn double time in it.
Access the following site for getting accurate information
Mocktail Token Website - https://mocktail.finance
MocktailSwap Website - https://mocktailswap.finance
Whitepaper - https://docs.mocktailswap.finance
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Linkedin : https://www.linkedin.com/company/mocktailswap
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Instagram: https://www.instagram.com/mocktailswap
Discord : https://discord.com/invite/cntAVTJbGy
Medium : https://medium.com/@MocktailSwap
Author details:
Bitcointalk Username: MasuddRanaa500
Profile URL: https://bitcointalk.org/index.php?action=profile;u=2663584
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