MocktailSwap Ecosystem

pona (50)in #mok • 3 years ago

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This ecosystem allows users to swap their tokens easily for a low fee on the BSC network which already offers their users low fees, fast transactions and tight security. The exchange also happens to be an AMM which would allow the exchange of two tokens on the same platform. Users can also earn in MOK(the platform's token) when they perform certain activities such as swapping, staking, farming etc. This platform is the most suitable swap exchange on BSC. It is also decentralized and adds more advantages to the platform. On the platform, they allow their users to accumulate enough yields on the BSC with low slippage. They have provided a means for their members to easily trade their tokens on a decentralized swap exchange.

Applications of MocktailSwap

Swapping: The exchange of tokens for another token can be done easily on this platform, although on some DeFi platform, it is a complex process. The liquidity providers found on the platform will have a lower fee when swapping to reward them for providing liquidity to the pool.
Staking: This involves a group of coin possessors who have brought together their resources in order to make it easier for them to validate a block and receive more profits. At the end when profits are received, they would share the profits depending on who has contributed their most to the pool.
Liquidity: This can be used to measure the easy nature of exchanging assets without it affecting the market price. The term liquidity can be used to explain the easy way of exchanging assets.
Farming: This is an easy way to accumulate more cryptocurrencies other than your former cryptocurrencies. A lender and a borrower make up farming. The lender lends out his/her assets to the borrower through a smart contract, and the borrower collects that asset through the same smart contract.

MOK Token

The Mocktail token is known as MOK, and is known to be the governance token of the ecosystem. MOK will control all the activities run on the Mocktail platform, and that was the main reasons it was created as it is a governance token itself. The Mocktail token is based on the new Ethereum token standard, ERC-1155, which is the first SFT on the BSC and the first decentralized app on the Mocktail Finance. MOK is created on the BSC network which makes it easier for the users to adapt because of its low fees, quick transactions and good security. The MOK token is known to be a semi-replaceable token, and this means that the token can be kept in more than one addresses, and different copies of the token can be kept in one address. It is not like NFTs where only one token belongs to one address.

The token will be distributed in such a way that the private sale and IFO will take a larger percentage at 75%, then ecosystem at 12.5%, bounty and marketing campaign at 7.5% and team at 5%.

PRIVATE SALE DETAILS

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