CRYPTOBLOGGER

April 12, 2021

Mocktail

a phase that allows customers to get a variety of decentralized recording features that are combined into an extraordinary binance chain.

About Mocktails

Mocktail is a platform that accepts semi-fungible ERC-1155 tokens. By adopting ERC-1155, Mocktail token will be the catalyst that will support Mocktail Swap. The Mocktail Token is developed on top of the Binance Smart Chain, which is known as the newest Ethereum-based blockchain protocol, which has speed, security, low cost, and a great ecosystem compared to the traditional Ethereum platform.

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.

- The stable placement of your assets with little or no loss is not permanent

- Automatic results and optimally optimized

- Complete decentralization

- Fully governance-based MOK token economy

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 managing an almost unlimited number of tokens - technically, 2²⁵⁶ 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.

Semi-fungible means:

- Each type of token can be owned by multiple addresses

- One address can have multiple copies of each token.

Swapping

Swapping is the process of exchanging one token to another, on the same platform. Swapping is done at minimal cost for liquidity providers, who have provided liquidity to the pool. Read more

Liquidity

Liquidity is a measure of the ease with which an asset can be converted to another asset without affecting its price. In simple terms, liquidity describes how quickly and easily an asset can be bought or sold. Read more

Agriculture

Yield farming is a way to generate more crypto with your crypto. This involves you lending your funds to other people through a miracle computer program called a smart contract. Read more

Attack

A betting pool is a group of coin holders who pool their resources to increase their chances of validating blocks and receiving prizes. They combine their staking power and share the prize in proportion to their contribution to the pool. Read more

MENGAPA BINANCE SMART CHAIN?

In very simple terms, why would we want to drive a slower car that costs more? We're all about gamification, so we wanted to maximize the feedback loop to earn, stake, and earn again: BSC's superior speed and considerably lower transaction fees allow us to do this.

While the BSC may not have the level of adoption that Ethereum has at the moment, we believe in Binance's capabilities and the drive to do very well in the future.

Staking Pool staking

is a group of coin holders who combine resources to validate blocks and increase their chances of receiving rewards. They combine the power of staking and share the prize in proportion to their contribution to the pool.