A Semi-Fungible Token Called MockTail Swap.
We’ve all heard of nonfungible tokens and their fungible counterparts, but less is known about the semi-fungible variety. Nonetheless, that is the coin kind that is planned to be a native of the MockTail Swap ecosystem.
Why should you use MockTail?
There are several De-Fi protocols, therefore you may be wondering why MockTail is used. MockTail Swap, in addition to the platform’s DEX and yield farming offerings, appears to be including NFTs, yield optimizing vaults, and NFT-based gamification.
Here are some of the reasons why MockTail can compete with the greats on the BSC chain :
* NFTs have the potential to change the game :
Since their introduction late last year, nonfungible tokens have taken on a whole new meaning. Because MockTail Swap would host an NFT supermarket, allowing individuals to exchange these nonfungible tokens, there is a strong likelihood that the site may gain significant traction as more people come to appreciate the artistry of NFTs. Yes, there are several NFT marketplaces, but it should not dim MockTail’s luster.
* Yield optimization is a success :
Since the popularity of De-Fi protocols, individuals have hoped they might increase their long-term rewards. Currently, a small number of yield optimizers are making this wishful thought a reality. MockTail Swap aspires to be one of these yield optimization tools. The platform will offer smart vaults that take deposits of user assets, which will be compounded daily.
MockTail Swap may outperform the few yield-optimizing platforms in the BSC chain in terms of security. Many of these protocols are not secure.
Recently, one of the yield optimization systems, Value De-Fi, was explored. These types of incidents have a negative impact on user confidence, something a newcomer like MockTail Swap cannot afford. So it’s fantastic to see MockTail Swap is now in talks with Certik to audit the protocol, which should increase the crypto community’s confidence.
* Staking, yield farming, and DEX :
MockTail Swap’s choice to include staking pools, DEX, and farming pools may not seem like a huge matter to many, but it will have an impact on the platform’s performance. Users do not need to go elsewhere for all of their DeFi requirements. On the MockTail Transfer, you may swap tokens, stake, and cultivate MOK.
* Truly decentralised :
MockTail Swap would employ semi-fungible tokens to handle its many products and services, a departure from the standard cryptocurrencies that power existing De-Fi platforms.
Users may become ecosystem decision-makers by using its ERC-1155 semi-fungible token, MOK. This is because a single SFT may be used to control several tokens. It’s a sophisticated procedure that makes use of smart contracts. This technology is being brought to the BSC chain via MockTail Swap.
Initial Token Distribution :
Mining Token Distribution :
MockTail Swap is an AMM that is sure to shake up the BSC chain’s De-Fi sector. Certainly, the protocol adheres to its plan and meets the expectations of potential investors. If this occurs, things on the Binance Smart Chain will heat up.
More Info :
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