The unique Defi with a strategic technique to ameloirate Defi challenges - MOK

in #mok3 years ago

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About MocktailSwap Finance

Many decentralised financial platforms are being developed quickly across the globe. These Defi are based on smart contracts built on blockchain technology, mostly on computer device App, providing financial services to the world population. Some of these platforms have not been able to satisfy the yearning of the people in improving their financial status as a result of trust issues and other shortcomings.

MocktailSwap Finance is a unique Defi that has proven strategic techniques that will ameliorate the issues associated with some Defi. Its products will present a great opportunity for its users to improve their financial status through wealth creation by Liquidity farming and staking, Initial Farm Offering, lending/borrowing and other products with great return yields.

It is a strategized AMM built on the Binance Smart Chain, enhancing token swapping, farming and staking. The platform is managed by experts with great experience in cryptosystem and blockchain technology. MocktailSwap finance community will undergo regular auditing to ensure its safety.

Controlling MOK Availability

The management team has devised methods of controlling the quantity of MOK tokens in the ecosystem to avoid over flooding of the tokens which will lead to vulnerable loss of value to inflation. This is because they don't want to place a limit on the supply as a result of their cogent reasons.

Therefore, they introduced:

Deflationary Methods

This method involves buying back MOK tokens and creating more Mocktailswap products. The burning process is sparked by the management.

Reducing Block Emissions

This is a method of reducing the quantity of MOK tokens produced in each block. This process will not be done regularly, rather community members are enjoined to deposit more funds in the ecosystem.

Main Characteristics

Exchange

The Mocktailswap Finance platform enhances trading of MOK-BNB tokens through automated Liquidity pools. This transaction attracts a fee of 0.2%.

The fee is broken down and utilized as follows:

0.17% is retained in the pool for the compensation of the Liquidity providers.
0.03% is transferred to the Treasury of the company.

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Liquidity Pools

MocktailSwap Finance has two main Liquidity pools where it's users can deposit their tokens to earn a return. Thus:

Farming Pool

This is a pool where users deposit MOK/BNB tokens. MOK-BNB FLIP (DRINKS) tokens are issued to depositors in exchange of the deposited MOK tokens.

The DRINKS tokens can be staked in the farming pool to earn more returns.

Staking Pool

This is a Liquidity pool where users deposit MOK tokens to earn returns.

These depositors are rewarded from the fees realized from the transactions in the platform.

The deposited asset can suffer some temporary loss sometimes, but it is preferable than keeping it in the wallet. Moreover, users can withdraw their funds any time they desire.

ROADMAP

This is the set of processes involved in constituting MocktailSwap finance project. They are as follows:

Full site Rework - designing and launching the company website.
Mock Staking - constitution of various core and community pools and staking of MOK tokens.
Other Products - creating of other MocktailSwap core and varied products. The products are:

Lending and borrowing platform, where users can lend or borrow MOK-BNB tokens.

Initial Farm Offering platform, new tokens are introduced in Mocktailswap community using this platform. It is a source of fund to the community.

Analytics
Voting
Customizable User Profile
Binary Option
Fixed term staking
Margin Trading
NFT Ecosystem
NFT Gasification

USEFUL LINKS:

https://www.mocktail.finance/
https://t.me/MocktailSwap
https://docs.mocktailswap.finance/
https://twitter.com/MocktailSwap
https://www.facebook.com/MocktailSwap
https://discord.gg/cntAVTJbGy

Author Details

Bitcointalk Username: Obigidon
Bitcointalk Profile:https://bitcointalk.org/index.php?action=profile;u=2968567
Prove of Registeration:https://bitcointalk.org/index.php?topic=5327223.msg56859277#msg5685927

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