Growth of blockchain technology has opened the door of a new advanced crypto world which is called decentralized finance. Defi make its possible to conduct your all financial transactions in a decentralized ecosystem of blockchain technology. Defi is one step ahead and while providing fast, safe and transparent transactions for real assets and finance, Defi has many applications and protocols to earn interest and rewards from the assets which are in your wallet and are passive without any use case. Defi ecosystem has totally bypassed third parties and as such With help of Defi users are able to transact freely and across the boundaries without any interference and also there are no unnecessary charges and commissions to execute the transactions so Defp enables the transactions to be executed with a very low fees.
MocktailSwap Finance
MochtailSwap is a defi protocol that has its own unique token system and its native and governance token is MOK token that is ERC1155 standard semi-fungible token. That means MOK token can be a fungible token and also a non fungible token at a same time. It can be explained as a shopping store has published many gift vouchers each having a value 50$. Now there are lots of gift vouchers and each of them is having its unique serial numbers and unique bar code for its authenticity. Now here is a twist that each voucher has a common value assigned with it so it can be used as like a normal cryptocurrency. Since every gift vouchr has a common 50$ value so we can say that is fungible asset and can be exchanged with each other since they all having same 50$ value. But the twist is that each gift voucher has its unique bar code and serial number that differentiate it from other vouchers. So every voucher is a unique token and has no replica as such can not be replaced with each other. That means it is a non fungible token. So confused whether it is fungible or non fugible token? MocktailSwap has the solution and has created a term called semi fungible token and it is ERC 1155 standard token. This is the concept on which MOK token is created and has its value and importance.
The Smart contracts and nodes of Mocktailswap are varified by Certik Foundation which has a reputation of the best auditor of crypto field. So MocktailSwap ecosystem is safe for the users and it allows fast transactions with low coat and slippage. Also it provides staking and yield farming protocols with least impermanent loss factor.
An innovative advance Dex
MocktailSwap is a decentralized protocol and it provides swapping and trading of assets and tokens on its platform with the best available price.
- MocktailSwap has its own price algorithm and its smart contracts evaluate the current price of assets in the market from different reliable Dexes and then MocktaiSwap with its own mathematical formulae work out the best trading price of the assets on its platform for its users.
- MoctailSwap runs on Binance Smart chain so it is pretty fast and much transparent. The transaction costs are very low so it enables and motivate users to do their financial transaction with much comfort and with more speed.
- MocktailSwap allows interoperability of different smart chains and platforms on its ecosystem. So the users of this platform can do swapping and trading without any limitations or conditions. So MocktailSwap works as an open source Defi prortocol that gives access to whole defi world to its users.
- MocktailSwap has created a transparent and anonymous environment for its users and there is no need of third parties on this platform so the users of this platform can trade without showing their identities and also there is no interference and hidden charges of third parties
Lots of earning opportunities
Since Mocktailswap allows its users to trade with very low fees and with fast speed so the users of this platform can have access to all Defi applications and protocols of the platform. This platform has staking applications and many liquidity pools to do yield farming. Users give their share in these staking and liquidity pools and then can earn interest and rewards on this platform. In this way MocktailSwap allow its users to earn passive income and also to multiple their assets by using defi protocols of this platform. That also makes this platform more liquid which means now the transactions are executed with much faster speed without and delay. Ans also because of more liquidity there is a little difference between the buying and selling price of the assets. This is good for both buyers and sellers.
MOK Token
MOK is the governance token of this platform. The defi protocols like staking and yield farming are well backed and insured by MOK token. The rewards and interest by using defi applications of the platform are given in MOK tokens. Mok toke has its various usages on the platform and the holders of MOK can use all benefits of the platform and also can get certain fees discounts while operating on the platform. MOK is a semi fungible token so it is more liquid and flexible. It has certain price value attached with it and also it is a unique token of the platform that can exist on various different addresses.
Semi-fungible means: - Each token type can be owned by multiple addresses & One address can own multiple copies of each token.
- Ticker: MOK
- Chain: Binance Smart Chain (BEP-20)
- Address: https://bscscan.com/address/0xCA69C118Fa550387794d48900a866891217E5C9F
Holders of MOK token become a part of the governance system of the platform and can actively take part in certain decision making protocols to work out the best future development strategies of the platform. Since it is obvious that with the growth of the platform each participant of the platform will get more benefits.
For more information, please visit the link below:
Telegram Group - https://t.me/MocktailSwap
Whitepaper - https://docs.mocktailswap.finance/
Twitter: https://twitter.com/MocktailSwap
Facebook: https://www.facebook.com/MocktailSwap
Github: https://github.com/MocktailSwap
Profile :
Bitcointalk Username: Ainulyaqin
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2787764
Telegram Username: @Ainulyaqin472
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