THE FIRST SEMI-FUNGIBLE TOKEN
PRESENTING MOCKTAILSWAP FINANCE
MocktailSwap Finance is a Defi platform that has unique unprecedented strategies aimed at improving the crypto ecosystems by maximising the returns of its users to lure more investors to the system.
The management team is made up of professionals with wide experience in Defi blockchain and Smart contract techniques.
The platform is built on Binance Smart Chain because of its speed and lower fee charge on transactions. This will help in realising the motive of the project, which centers on maximising the returns on the users investment. Although the BSC level does not match that of Etherum for now, but it will become great in the nearest future.
FARMING
Farming is a process through which users/investors maximize their funds. It involves depositing of BEP-20 (MOK/BNB) tokens in the Liquidity pools. The MOK tokens are exchanged with DRINKS (BNB-MOK FLIP) tokens.
The DRINKS tokens can be staked in the pool to earn more gains. The farming Liquidity pools are:
MOK/BNB
MOK/BUSD
BNB/BUSD
STAKING
Investors are allowed to stake MOK tokens in the Liquidity pool for an agreed period of time to earn returns.
The staked tokens may experience a little loss one in a while, but it is preferable to holding the tokens idle in the wallet. The staking liquidity pools are:
MOK
BNB
BUSD
WBNB
EXCHANGE
MocktailSwap Finance allows the swapping/trading of tokens on its platform. There is a charge of 0.2% fee for trading of each token. Part of the fee (0.17%) is used in rewarding the Liquidity providers while the other part (0.03) is set aside in the Development treasury.
MocktailSwap Token - MOK
MOK is the official platform token of.MocktailSwap Finance. It is an Etherum ERC 1155 standard token that is built on Binance Smart Chain.
MOK is a semi-fungible token without a precedent on BSC. It can be owned by one address unlike the NFT tokens.
MOK Availability
There is no restriction on the amount of MOK tokens that will be available in the market, exposing it to inflationary vulnerability. This has been a source of concern to the users of the platform.
The team has a great reason for this action, which is best known to them. Thus, they provided other means of limiting the amount of MOK tokens. Such as:
Block Emissions Reduction
This is a way of limiting MOK availability by reducing the quantity of MOK tokens produced in a block. The first trial of this technique reduced the quantity from 1 to 0.625 MOK. This will not be a continuous process, rather users are advised to provide more funds to improve the value of the platform.
Deflationary Mechanism
This is a buy back process. MOK tokens are bought back and transformed into MocktailSwap products.
ROADMAP
This is the set of procedures in establishing the MocktailSwap Finance protocol. It include:
Setting the Full Site - homepage, improved UX, mobile friendly, navigation systems etc.
Staking MOK Tokens
Creating Other Products such as fixed term staking, margin staking, initial farm offering, lending and borrowing, NFT Ecosystem, NFT Gamification etc.
USEFUL LINKS
Website: https://www.mocktail.finance/
Whitepaper: https://docs.mocktailswap.finance/
Telegram: https://t.me/MocktailSwap
Twitter: https://twitter.com/MocktailSwap
Facebook: https://www.facebook.com/MocktailSwap
LinkedIn: https://www.linkedin.com/company/mocktailswap
Instagram: https://www.instagram.com/mocktailswap/
Medium: https://medium.com/@MocktailSwap
Discord: https://discord.gg/cntAVTJbGy
Github: https://github.com/MocktailSwap
Reddit: https://www.reddit.com/u/MocktailSwap
Writer Details:
Bitcointalk Username : onyeagwaojoo
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2890534
Prove of Authorisation: https://bitcointalk.org/index.php?topic=5327223.msg56821282#msg56821282
Binance Smart Chain address: 0xBa52b9eA68a4c8EF7593FC51CCf6769832acc5b4