Before writing about the new token Mocktail here is brief intro about what is defi? and what is Yield farming?
Defi(Decentralised finance) : What is DEFI? A short term which is used to describe movement of financial products and services onto public blockchains. It is a financial platform that uses a de-centralised system. And users are permitted to have automated enforceable agreements without any major bank or financial institute to work as an intermediate. Therefore, making it simple for the general public.
Yield Farming: It is the process of making crypto with your crypto. You land your funds to other through smart contracts and in return you receive crypto as your fee. Though it seems simple but complex strategies and programming is working behind this process.
Mocktailswap is a new token in the Defi Space that has has the potential of becoming the shining star of crypto space. How? Because the professional and dedicated team behind it created it with the idea of rewarding the investors multiple times by yield farming and staking as well as they will continue burning the coins to keep a cap on supply and avoid oversupply in the Market
The name of the token says it all, it is a new ERC-1155 SStandard on Binance chaindard on Binance chain.
So, what make it different from other existing tokens in crypto world. There are no of qualities that outshines.
It is the world's first ERC 1155 standard Semi-Fungible Token (SFT) on Binance Smart Chain.
We have heard about fungible (ERC-1155 which allows the creation of many different tokens under the same contract) and non-fungible tokens (the attribute to be unique and not swap-able).
With Semi-fungible tokens combine the above two qualities in a manner that benefits the investor in a very secure way.
With semi-fungible tokens the investor can create different token with one smart contract, but the value of token is held until he has redeemed it, thus making It non-fungible.
HOW IT WORKS
This ERC-1155 token allows you to create one smart contract with the ability to govern practically unlimited quantities of token.
It can be utilized in all four areas of trading i.e. Swapping, Yielding, Liquidity and staking. What makes it even more attractive that the Mocktail Finance platform has very low fee. Their multiple strategy yield optimising on Binance Smart Chain (BSC) is a great way of assuring maximum return.
As the name suggest it is the process of swapping one token with another. This can only be done on same platform. The liquidity provider pays a minimal fee and swap the token.
It is the process of making crypto with your crypto. You land your funds to other through smart contracts and in return you receive crypto as your fee. Though it seems simple but complex strategies and programming is working behind this process.
It is the process where the investors have the comfort and ease of quickly converting one asset to another asset without effecting its price.
Staking has been really popular amongst the investors. This is a process with almost minimum risk and maximum returns. It allows different investors to combine their assets for higher rewards. Each investor contributes in the staking and gets the reward as per his/her contribution.
MOCKTAIL SWAP TOKEN DISTRIBUTION
In a world where competition is high and the key to survival is to be unique and the one to set new traditions.
We offer to market a currency with highly secure platform. That provide exchange across the globe without any boundaries
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