About Mocktails
Mocktail Token is MocktailSwap's first semi-fungible token. Mocktail Finance is an AMM protocol that combines multi-strategy yield optimization on the low cost / slip Binance Smart Chain (BSC) that also provides aggregation via vault compounding, borrowing, and yield gain for maximum returns.
MocktailSwap is a decentralized exchange solution on the Binance Smart Chain. We provide a platform to create a fully secure and fast decentralized token exchange system.
Stable positioning of your assets with little or no permanent loss
Automatic, maximally optimized results
Complete decentralization
Fully governance-based MOK token economy
Features
Trade: The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain.
Earn: On top of that, you can earn MOK with yield farms, earn MOK with Staking, and earn even more tokens.
How does it work?
This is a new Ethereum token standard on the Binance Smart Chain and a new type of dapp on Mocktail Finance! The ERC-1155 token standard provides a way to create one smart contract that governs an almost unlimited number of tokens - technically, 2² with token types with up to 2²⁵⁶ copies each.
In addition, each token is semi-equivalent. Unlike ERC-721 non-fungible tokens (NFTs), each of which can only be owned by one address.
Mean semi-commensurate:
Each type of token can be owned by multiple addresses
One address can have multiple copies of each token.
Why Binance Smart Chain (BSC)?
In very simple terms, why would we want to drive a slower car that costs more to run? We're all about gamification, so we want to maximize the feedback loop of earning, staking, and earning again: BSC's superior speed and much (much much) lower transaction fees let us do this.
While BSC might not have the level of adoption Ethereum does at current, we believe in Binance’s ability and drive to get it mighty close in the foreseeable future.
Exchange
Token swaps on MocktailSwap are a simple way to trade one BEP-20 token for another via automated liquidity pools.
The liquidity provided to the exchange comes from Liquidity Providers ("LPs") who stake their tokens in "Pools". In exchange, they get FLIP (MocktailSwap Liquidity Provider) tokens, which can also be staked to earn MOK tokens in the "farm".
When you make a token swap (trade) on the exchange you will pay a 0.2% trading fee, which is broken down as follows:
0.17% - Returned to liquidity pools in the form of a fee reward for liquidity providers.
0.03% - Sent to the MocktailSwap Development Treasury.
Liquidity Pools and Adding Liquidity
MocktailSwap pools allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”. When you add your token to a liquidity pool (LP), you will receive FLIP tokens (MocktailSwap’s version of liquidity provider tokens).
As an example, if you deposited $MOK and $BNB into a liquidity pool, you would receive MOK-BNB FLIP tokens. The number of FLIP tokens you receive represents your portion of the MOK-BNB liquidity pool. You can also redeem your funds at any time by removing your liquidity.
Providing liquidity is not without risk, as you may be exposed to impermanent loss.
“Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.” - Nate Hindman
It’s not all bad for liquidity providers as you will also be given a reward in the form of trading fees. Whenever someone trades MocktailSwap, the trader pays a 0.2% fee, of which 0.17% is added to the liquidity pool of the swap pair they traded on.
For example:
There are 10 FLIP tokens representing 10 MOK and 10 BNB tokens.
1 FLIP token = 1 MOK + 1 BNB
Someone trades 10 MOK for 10 BNB.
Someone else trades 10 BNB for 10 MOK.
The MOK/BNB liquidity pool now has 10.017 MOK and 10.017 BNB.
Each FLIP token is now worth 1.00017 MOK + 1.00017 BNB.
To make being a liquidity provider even more worth your while, you can also put your FLIP tokens to work whipping up some fresh yield on the MOK farms, while still earning your 0.17% trading fee reward.
Staking Pools
Stake MOK to earn new tokens.
You can unstake at any time.
Rewards are calculated per block.
Staking Pairs:
MOK Pool
BNB Pool
BUSD Pool
WBNB Pool
Initial Token Distribution
Mining Token Distribution
Roadmap
Ok so it's not actually a roadmap: it's a to-do list, in no particular order, with no particular timeline. This is how we work: as fast as we can, on the things we can. Pivoting is a way of life.
Full Site Rework
New homepage
Personal dashboard
Improved UX
Faster site
Mobile friendly
New navigation system
MOK Staking
MOK Staking
Core Pools
Community Pools: Host BSC community project Pools, support with 0.1-0.2x MOK farms
Other products
Voting (core feature)
IFO (Initial Farm Offering): Raise funds for your project in MOK-BNB LP tokens. After redeeming the LP tokens, the BNB is distributed to the project and the MOK is burned.
Analytics (core feature)
Lending & Borrowing: Lend and borrow BSC and LP tokens - MOK provides rate discount
Margin Trading: Trade BSC tokens with leverage on-chain — periodic MOK buyback and burn
NFT Ecosystem: Mint, trade, and more — all paid in MOK
First NFT round
NFT-based Gamification: Complete tasks, level up etc. to earn NFTs — use MOK to mint
Binary Options
Fixed-term Staking
Customizable User Profile
For more information about this project you can see it below:
Website: https://www.mocktail.finance/ https://www.mocktailswap.finance/
Whitepaper: https://docs.mocktailswap.finance/
TG group: https://t.me/MocktailSwap
Facebook: https://www.facebook.com/MocktailSwap
Twitter: https://twitter.com/MocktailSwap
Discord Official: https://discord.gg/cntAVTJbGy
Linkedin: https://www.linkedin.com/company/mocktailswap/
Youtube: https://www.youtube.com/channel/UC4WP5RPMmThoJgHoAIBak0Q
► Author:
My Bitcointalk Username: Crypto365
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2797161
My ETH Wallet Address: 0x27C0928A9A1c2cD629C7B8f95413d114Ab4D9560