Mocktail Swap - The Decentralized Swap Solution On Binance Smart Chain
Decentralized exchanges (DEXes) have been present in the crypto industry for several years now, but they never saw enough traffic to be a real threat to centralized platforms.
DEXes had their fair share of issues, such as regulatory uncertainty, low liquidity, longer wait times, and alike. All of this worked against them, as they simply did not have enough to offer to attract more traffic. The only thing they had going for them was decentralization and greater levels of anonymity. However, with crypto transactions being mostly trackable, this was not appealing to the majority of users.
This changed with the rise of DeFi in 2020, and DEXes are finally gaining the attention they wanted for several years now. With various banking services, now offered in a decentralized fashion and with no intermediaries, DeFi projects started attracting a huge amount of attention.
Now, a new generation of DEXes is emerging — one that aims to offer many DeFi services to those willing to join. As a result, they can provide much greater liquidity, more coins, and other benefits which, combined with the element of decentralization, finally started bringing new users, and emerging as real competitors to decentralized exchanges. One great example of this is MocktailSwap.
What is Mocktail Swap?
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
MocktailSwap Features :
- Trade
The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Binance Smart Chain. - Earn
On top of that, you can earn MOCK with yield farms, earn MOCK with Staking, and earn even more tokens.
Why Binance Smart Chain ?
In very simple terms, why would we want to drive a slower car that costs more to run? We’re all about gamification, so we want to maximize the feedback loop of earning, staking, and earning again: BSC’s superior speed and much (much much) lower transaction fees let us do this.
While BSC might not have the level of adoption Ethereum does at current, we believe in Binance’s ability and drive to get it mighty close in the foreseeable future.
MocktailSwap Roadmap
February 2021
- Announced Mocktail Finance
- Research & Development
March 2021
- Alpha & Beta Launch
April 2021
- Token Launch (Private Sale)
- Aggresive Marketing Campaign
MocktailSwap Exchange
Token swaps on MocktailSwap are a simple way to trade one BEP-20 token for another via automated liquidity pools.
The liquidity provided to the exchange comes from Liquidity Providers (“LPs”) who stake their tokens in “Pools”. In exchange, they get FLIP (MocktailSwap Liquidity Provider) tokens, which can also be staked to earn MOK tokens in the “farm”.
When you make a token swap (trade) on the exchange you will pay a 0.2% trading fee, which is broken down as follows:
- 0.17% – Returned to liquidity pools in the form of a fee reward for liquidity providers.
- 0.03% – Sent to the MocktailSwap Development Treasury.
Tokenomics
Initial Token Distribution
Initial Token Distribution :
- 5% Team
- 7.5% Bounty & Marketing Caimpaign
- 12.5% Ecosystem
- 75% Private Sale
Mining Token Distribution :
- 25% Staking
- 37.5% Burning
- 37.5% Farming
To get more information please visit below link :
- Website : https://www.mocktail.finance/
- MocktailSwap Website : https://www.mocktailswap.finance/
- Telegram : https://t.me/MocktailSwap
- Whitepaper : https://docs.mocktailswap.finance/
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