MOCKTAIL is the world’s first ERC 1155 standard Semi-Fungible Token (SFT) on Binance Smart Chain.

 


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.

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•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.

About the MocktailSwap project?

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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
:

  1. 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.

  1. Swapping:

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

  1. Farming:

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

  1. Liquidity:

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

  1. Staking:

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

How It Works?

MOCKTAIL is the world’s first ERC 1155 standard Semi-Fungible Token (SFT) on Binance Smart Chain.

Mocktail Token is the first semi-fungible token on Binance Smart Chain.

It’s a new Ethereum token standard and a new type of dapp on Mocktail Finance! The ERC-1155 token standard provides a way to make one smart contract govern almost an unlimited number of tokens — technically, 2²⁵⁶ token types with up to 2²⁵⁶ copies of each.

Additionally, each token is semi-fungible. Unlike ERC-721 non-fungible tokens (NFTs), which can only be owned by one address each.

Semi-fungible means:

  • Each token type can be owned by multiple addresses

  • One address can own multiple copies of each token.

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•Private Sale•

  • Starting Block : Yet to Announce

  • Starting Time : APR 1, 2021 17:00 UTC

  • Ending Time : APR 2, 2021 17:00 UTC

  • Soft Cap : 500,000 MOK

  • Hard Cap : 1,500,000 MOK

  • Circulating Supply : 0 MOK

  • Private Sale : 1,500,000 MOK

  • Min. Investment : 0.01 BNB

  • Max. Investment : 100 BNB

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

•ROADMAP•

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•EXCHANGE•

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•Farms•

Initial Liquidity Pools (LPs) for farming MOK tokens:

Reward multipliers:

  • MOK/BNB LP

  • MOK/BUSD LP

  • BNB/BUSD LP

  • BNB/MOK LP

•Staking Pools•

  • Stake MOK to earn new tokens.

  • You can unstake at any time.

  • Rewards are calculated per block.

Staking Pairs:

  • MOK Pool

  • BNB Pool

  • BUSD Pool

  • WBNB Poo

•Conclusion•

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

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•Connect with Mocktail Finanace•

https://youtube.com/channel/UC4WP5RPMmThoJgHoAIBak0Q

Author
Bitcointalk Username: phuongvu97

Forum profile link: https://bitcointalk.org/index.php?action=profile;u=2860719

#MocktailFinance#bitchoin

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