Zenny Yuliya: MocktailSwap

MocktailSwap

About the MocktailSwap project?

Mocktail Token is the first semi-fungible token of MocktailSwap. Mocktail Finance is an AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault compounding, lending and yield generation for maximum returns.

MocktailSwap is the decentralized swap solution on Binance Smart Chain. We provide a platform to create completely secured and fast decentralized token swaping system.

Stable positioning of your assets with little to no impermanent loss

Automated, maximally optimized yield

Complete Decentralization

A fully governance-based MOK token economy

Mocktail Features

Mocktail is a platform that allows users to access various decentralized finance features built into the binance smart chain. With Mocktail Finance, users can maximize their profit with a multi-yield strategy optimizing the BSC. Or swap tokens on the Mocktail Swap platform with low fees. This is a new ethereum token standard and Dapp built on the Binance Smart Chain.

Following are Mocktail features:

ERC-1155 token standard:

Mocktail Token based on ERC-1155 standard Semi-Fungible Token built on Binance Smart Chain. And it is the first ERC-1155 token built on the Binance Smart Chain.

Swapping:

Mocktail allows users to swap their tokens for other tokens with low fees.

Farming:

Users can earn crypto by lending their tokens to others via smart contracts.

Liquidity:

Users can participate by becoming a liquidator and get rewards according to their participation.

Staking:

Allows users to stake their tokens and earn rewards according to their participation.

ERC-1155

ERC-1155 is a standard for contracts that manage any combination of fungible tokens and non-fungible tokens.

As a result, the pattern avoids tons of repetitive code circulating the several contracts in the Ethereum ecosystem and saving significant storage space and gas costs.

What is special about ERC1155?

According to Blockchain experts, Non-Fungible Tokens can revolutionize the future of blockchain. Do you really understand this concept and how can it be used? Let’s start talking about the basics and discussing what makes NFTs special and with a promising future.

Fungible Tokens and Non Fungible Tokens

Fungibility is important in the world of blockchain and cryptocurrency. It is desired for any currency, traditional or digital, since most currencies aim to be an interchangeable asset. A token can be exchanged for any other token of the same value. For example, One US dollar currency can be changed for another US dollar currency without any difference to the user.

In the Ethereum network, there are popular patterns that have been specified by the community itself. Each standard is known as ERC which stands for Ethereum Request for Comments. It defines methods, technology, behaviors for a particular functionality in Ethereum and it is submitted either for peer review.

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/token/0x23A1c4025Aa5Dc7f876530bEb76346b99d50C3AA

Conclusion

MocktailSwap is decentralized swap platform running on Binance Smart Chain. Join the network of decentralized exchange, and swap your tokens in MocktailSwap.

Roadmap