Introducing Greate AMM built on defi to help users
INTRODUCTION
Mocktailswap is a Defi AMM platform that is built on the Binance Smart Chain. It provides transparent, easy and secured financial services to its users. Participants in MocktailSwap community have unique access to various financial products, with a special focus on Staking and Yield farming and other financial products and services programmed to help them achieve financial success.
Mocktailswap is managed by a team of experts that are fortified with several years of experience in the cryptosystem. The activities of the community will be supervised and audited regularly by renowned auditors to make sure that it is safe.
UNIQUE FEATURES OF MOCKTAILSWAP
The Mocktailswap Defi platform has some unique features which include:
TOKEN EXCHANGE
This is an easy way of trading MOK-BNB tokens on MocktailSwap protocol. The exchange charges a fee of 0.2% on each token transaction. The fee is deployed as follows:
0.17% is applied for the settlement of liquidity providers.
0.03% is transferred to the development fund.
LIQUIDITY POOL
This is a platform developed for users to build and improve on their wealth by adding their assets to any of the Liquidity pools on the Mocktailswap Finance pools. There are two major Liquidity pools on Mocktailswap finance. Thus,
YIELD FARMING
Yield farming in other words is known as mining in the Defi. It is a way of increasing the wealth of investors by accepting the deposits of their assets in the LP and rewarding them immensely. Mocktailswap mining is based on BSC and its liquidity providers are rewarded from the commissions from the community transactions. Liquidity providers are given DRINKS tokens for the provided asset, which gives them access to the Liquidity pool.
The DRINKS gives a Liquidity provider access to the BSC Liquidity pool. The users mine these tokens through their wallets and earn tokens.
MOCKTAILSWAP STAKING
Mocktailswap platform rewards Liquidity providers on assets deposited on their platform.
Users can easily take back their staked tokens together with yielded interest at the elapse of the staking period without any charges.
There may be little temporary losses from stakes in the LP, but it can be preferable to stake tokens in the pool than keeping it in the wallet.
INITIAL FARM OFFERING
This is the launching of a newly added token in the Mocktailswap Finance community. It is a fundraising event for the community.
MOK TOKEN
The basic token used in all transactions on Mocktailswap finance is MOK currency. It is an Etherum ERC 1155 based token, developed on the Binance Smart Chain.
MOK SUPPLY
There is no stated amount of MOK tokens that will be supplied to the community by the team. They have remained silent on the issue because of reasons best known to them.
Nevertheless, the team has measures of controlling the quantity of MOK tokens in the community ecosystem through:
Deflationary Mechanism
This is a regular buyback of MOK project tokens in order to protect the values.This action is done regularly.
Reducing Block Emissions
This is a process adopted to limit the amount of MOK tokens produced in a block. It will not be done often, instead members are advised to add more funds to the platform.
Project Links:
https://www.mocktail.finance/
https://t.me/MocktailSwap
https://docs.mocktailswap.finance/
https://twitter.com/MocktailSwap
https://www.facebook.com/MocktailSwap
https://t.me/MocktailSwap
https://discord.gg/cntAVTJbGy
AUTHOR'S DETAILS
Bitcointalk Username: Movearmy
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2768203
Proof of Authentication: https://bitcointalk.org/index.php?topic=5327223.msg56800845#msg56800845
Binance Smart Chain Wallet Address: 0x52De5Bb527946Faec9FA79293894208dAbdDe6C5