MOCKTAILSWAP — The world’s first ERC 1155 standard Semi-Fungible Token (SFT) on Binance Smart Chain.
What is ERC1155?
The new standard is a strong tool that connects widely recognized fungible tokens (list of ERC-20 tokens) to non-fungible tokens that are gaining popularity (list of NFT tokens).
Furthermore, the ERC-1155 interface offers techniques to improve transaction efficiency. To combine numerous tokens and enable atomic swaps, the interface specifies the function “safeBatchTransferFrom.” In other words, the interface enables several complicated operations to be carried out in a single transaction. This process is fairly basic and does not need any complicated implementation.
Another element of the standard is backwards compatibility. It is ERC-721 and ERC-20 compliant, and it may be inherited without trouble. ERC-1155 allows smart contracts to refer to the storage of other contracts as needed. This prevents smart contracts from duplicating code or misusing storage. As a result, the Ethereum ecosystem’s efficiency increases.
MocktailSwap Finance is an AMM protocol that integrates multi-strategy yield optimization on the low cost / slip Binance Smart Chain (BSC), as well as vault compounding, borrowing, and yield gain for maximum returns. MocktailSwap is a Binance Smart Chain-based decentralized exchange solution. We provide a platform for the development of a completely safe and quick decentralized token exchange system. — Stable asset positioning with minimal or no irreversible loss — Fully decentralized, fully governance-based MOK token economy — Automatic, optimally optimal results.
What is Mocktail Swap?
MocktailSwap is Binance Smart Chain’s decentralized swap solution. We offer a framework for developing a truly safe and quick decentralized token swapping system.
Stable asset positioning with little to no temporary loss
Automated, maximum-yielding yield
Decentralization in its entirety
MOK token economy with complete governance
ERC-1155 token standard: Mocktail Token is a Semi-Fungible Token created on Binance Smart Chain that is based on the ERC-1155 token standard. It is also the first ERC-1155 token to be created on the Binance Smart Chain.
Swapping: Mocktail allows users to exchange their tokens for other tokens for a small cost.
Farming: Through smart contracts, users may earn cryptocurrency by lending their tokens to others.
Liquidity: Users may engage by becoming liquidators and earning incentives based on their activity.
Staking: Allows users to stake their tokens in order to gain rewards based on their engagement.
What is the purpose of Binance Smart Chain?
In a nutshell, why would we want to drive a slower automobile that costs more to operate? We believe in gamification, hence we want to optimize the feedback loop of earning, staking, and earning again: BSC’s better speed and significantly (much) reduced transaction costs allow us to do so.
While BSC may not have the same degree of popularity as Ethereum at the moment, we trust in Binance’s abilities and determination to get it very close in the near future.
Token swaps on MocktailSwap are a quick and easy way to exchange one BEP-20 token for another using automated liquidity pools.
Liquidity Providers (“LPs”) place their tokens in “Pools” to offer liquidity to the exchange. In exchange, customers receive FLIP (MocktailSwap Liquidity Provider) tokens, which may also be staked in the “farm” to earn MOK tokens.
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