Ins and Outs of MocktailSwap Finance that One must have to know on AMM

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. MocktailSwap is the decentralized swap solution on Binance Smart Chain. It provides a platform to create a completely secured and fast decentralized token swapping system. So, what are you waiting for? The opportunity is right in front of you. Hurry up and be part of this great project.

What is an automated market maker (AMM)?

Automated market maker (AMM) is a type of decentralized exchange protocol (DEX) that relies on a mathematical formula to determine asset prices. AMM works in a similar way to order book exchanges, in that there is trading. However, you don't have to have a partner (other traders) on the other side to close the trade. Instead, you interact with smart contracts that "make" the market for you. You can think of AMM as a partnership agreement (P2C). The counterparty in the traditional sense is unnecessary because the transaction takes place between the consumer and the contract. Since there is no order book, there is no AMM order type. The price you get for the asset you want to buy or sell is set, not a formula.

Features of MocktailSwap Finance

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.

MOK Token of MocktailSwap Finance

MOK is a token launched by Mocktail that will act as a token that keeps the platform running. MOK is based on the ERC-1155 token standard, which is a standard token and a new type of decentralized application in Mocktail Finance. MOK is built on Binance’s smart chain, which is known to be faster, safer, and lower in fees. It is a semi-replaceable token, meaning that this token can belong to multiple addresses, and multiple copies of each token can belong to one address.

Swapping in MocktailSwap Finance

Mocktail allows users to swap their tokens for other tokens with low fees. Swapping is the process of swapping one token to another, on the same platform. Swapping is done with a minimal fee for the liquidity provider that has provided liquidity to the pool. Liquid Swap is a liquidity pool developed based on the AMM (Automatic Market Maker) principle. It consists of different liquidity pools, and each liquidity pool contains two digital tokens or fiat assets. You can provide liquidity in the pools to become a liquidity provider and earn transaction fees and flexible interest. Also, you can swap two digital tokens or fiat assets in the liquidity pools easily

Now, a new generation of DEXes is emerging — one that aims to offer many DeFi services to those willing to join. As a result, they can provide much greater liquidity, more coins, and other benefits that, combined with decentralization, finally started bringing new users and emerging as real competitors to decentralized exchanges. One great example of this is MocktailSwap which will provide you all the mentioned benefits in their platform.

For more information please visit the links below:

Mocktail Token Website - https://mocktail.finance​
MocktailSwap Website - https://mocktailswap.finance​
Whitepaper: https://docs.mocktailswap.finance/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5326502
Telegram group: https://t.me/MocktailSwap
Medium :https://medium.com/@MocktailSwap

Author information :

Bitcointalk Username: btc4future
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=1771077
Telegram Username:@rosalbaquaresma