MocktailSwap — The decentralized swap solution on Binance Smart Chain
Mocktailswap is a Decentralized Finance platform that uses AMM with great specific characteristics and platforms that will enable its users to receive tokens by lending, leveraging, and staking funds. It is built on the Binance Smart Chain. Since BSC charges are tiny, the management team favored it in order to optimize the return accrued to its fund providers.
This is a method of generating incentives for cryptocurrency holdings. It is also known as Yield farming or Liquidity Mining. It entails lending your cryptocurrency assets to others via Smart Contracts. In exchange for your services, you will be compensated in the form of cryptocurrency.
Yield farmers can use complex tactics to switch their cryptos between lending marketplaces all the time in order to optimize their returns. They will also keep the right yield farming methods a closely guarded secret. Why is this so? The more people who are aware of a tactic, the less successful it becomes. Yield farming is the wild west of Decentralized Finance (DeFi), with farmers competing for the opportunity to farm the best crops.
MOK tokens can be stored in a variety of liquidity pools to obtain a payout. When an asset is added to the LP, FLIP tokens are issued in equal proportion to the added tokens.
How should I go about farming?
You must first have liquidity to one of the pools mentioned on the “Farm” page in order to farm.
It entails storing funds in a cryptocurrency wallet in order to maintain the authentication and maintenance of a blockchain network. This is a more resource-intensive choice than mining. Staking, in a nutshell, is the process of locking cryptocurrencies in order to earn incentives.
Much of the time, you would be able to stake your coins directly from your crypto wallet, such as Trust Wallet. Many exchanges, on the other hand, have staking facilities to their customers. MOK tokens may be staked in order to obtain more tokens. When you stake your $MOK, you will automatically get $DRINK as proof-of-stake. Users should be mindful of the possibility of minor temporary losses in the LP. Nonetheless, it is preferable to having the tokens in the pocket. Please do not trade or sell your $DRINK. If you sell your $DRINK, you will be unable to unstake your $MOK because you will need the same quantity of $DRINK. You can stake your MOK on the “Staking” tab after accepting the contract by clicking on the little “+” symbol, selecting the number you want to stake, and confirming.
How do I stake?
After having liquidity and collecting your LP tokens, go to the “Farm” tab, pick the pool you entered, authorize the deal, and then click on the little “+” symbol, enter the sum you want to stake, and confirm.
How do I connect my wallet to MocktailSwap?
To add your wallet, press the “Unlock Wallet” button in the top-right corner of the screen. Then, find the wallet you want to bind to MocktailSwap and press “connect.” Once you’ve approved the link, you’re ready to go.
When you open the dAPP, you can see the various blockchains available in the top-right corner; click on it and then choose Binance Smart Chain Mainnet.
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Bitcointalk Username: Cryptolakshi
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2813018
BSC Wallet Address: 0x2FAa553B608CfDa5f30a613b38e299781Beaa2f5