Mok coins are constructed on the Binance smart chain and are compliant with the ERC-1155 standard. Mocktail Finance is an AMM system that combines the use of Binance Smart Chain (BSC) techniques to maximize earnings at the lowest possible cost, allowing aggregation via storage consumption, and maximize profitability.
MocktailSwap-Represents the future ability to do decentralized trades utilizing BSC’s Binance smartchain. This project is a token trading platform that is decentralized, quick, and secure.
Your valuables are absolutely secure and will cause you no harm. Everything operates on autopilot. Absolute decentralization for the best possible outcomes. The IOC Token’s whole economy is built exclusively on the governance of its primary purpose.
How does it work?
These tokens are a whole new type of token for the Ethereum blockchain network, and hence Binance smart chains, as well as a new type of Mocktail Finance application. You may handle any amount of tokens using the ERC-1155 standard by simply establishing a smart contract. It is also worth noting that, unlike ERC-721 tokens (NFT tokens), these are not irreplaceable and can only belong to a single address.
Furthermore, the IOC token in this situation can belong to several addresses, but numerous copies of the same token can only contain one address.
Why should we utilize Binance Smart Chain (BSC)?
I’d like to draw a quick parallel with our daily lives. Simply said, why drive a car that is slower and requires more care when there are far superior alternatives?
Because the majority of us are involved in chemical games in some manner, it is our responsibility to ensure that there are profits and bets on earnings. And it’s all because to Binance SmartChain’s lightning-fast transaction speeds and ultra-low transaction costs.
Yes, the BSC network is not as ubiquitous as the Ether network at the moment, but we are convinced that Binance will do all possible in the future to accomplish these ambitious objectives.
Let us now discuss Exchange.
Token switching in MocktailSwap is a simple method of exchanging one BEP-20 token for another via an automated liquidity group.
The liquidity provider (“LP”), who put the tokens in the “pool,” provides liquidity to the exchange. In exchange, they will be given a FLIP (MocktailSwap Liquidity Provider) token. On the farm, it may also wager to gain MOK tokens.
When you swap tokens (trade) on the exchange, you will be charged a 0.2 percent transaction fee. It has been delegated as follows:
0.17 percent -As a payment to the liquidity provider, 0.17 percent was returned to the liquidity pool.
0.03 percent -Transferred to the Mocktail Swap Development Treasury.
Group Liquidity and Liquidity :
By contributing tokens to the liquidity group, or “LP,” the MocktailSwap team may offer liquidity. You will receive a FLIP token when you add a token to the Liquidity Group (LP) (a token version of the liquidity provider Mocktail Swap).
For instance, if you combine MOK and BNB in a liquidity group, you will receive a MOK-BNBFLIP token. The number of FLIP tokens you get symbolizes your stake in the MOK-BNB Liquidity Group. You can also swap currency at any time by withdrawing liquidity.
Liquidity provision has risks, as occasional losses might arise.
“To put it simply, volatility loss is the difference between holding tokens in an AMM and holding them in a wallet.”
This isn’t all bad news for liquidity providers. This is due to the fact that it is also rewarded in the form of transaction fees. When a trader trades Mocktail Swap, he pays a 0.2 percent commission, of which 0.17 percent is contributed to the liquidity pool of the swap pairs he traded.
Initial And Mining Token Distribution :
To conclude :
ERC-1155 is a new Ethereum token standard that was introduced in 2018. It is designed to serve as a common interface for contracts that manage numerous token kinds. One smart contract can regulate an unlimited number of tokens under ERC-1155. Mocktail is a platform that uses the ERC-1155 token and is built on the Binance Smart Chain. Mocktail is therefore the first platform to build the ERC-1155 on BSC. Mocktail is not just an ERC-1155 token, but also a Binance Smart Chain Dapp. Allows consumers to have access to numerous decentralized financial services in a more secure, timely, and cost-effective manner.
More Info :
WEBSITE: https://mocktail.finance/
TELEGRAM: https://t.me/MocktailSwap
TWITTER: https://twitter.com/MocktailSwap
FACEBOOK: https://www.facebook.com/MocktailSwap
Author
Forum Username : cryptopathum
Froum profile url : https://bitcointalk.org/index.php?action=profile;u=2088829
Telegram username : @pathumbitcoin
BSC wallet : 0x88c058389C0eaB00a3516273245C50Ca5141A34e
