MocktailSwap

April 10, 2021

MocktailSwap

World's First Semi-Fungible Token at BSC (SFT)

About Mocktails

Mocktail is a platform that accepts semi-fungible ERC-1155 tokens. By adopting ERC-1155, Mocktail token will be the catalyst that will support Mocktail Swap. The Mocktail token is developed on top of the Binance Smart Chain, which is known as the newest Ethereum-based blockchain protocol, which has speed, security, low cost, and a great ecosystem compared to the traditional Ethereum platform.

Imagine that you have a vending machine that can put out a variety of products. This vending machine can be thought of as an ERC-1155, which will act as a standard interface for contracts managing different types of tokens. If with Erc-20 we need a new smart contract to deploy each new token class, then with ERC-1155 one smart contract can manage multiple tokens at the same time, be it an equivalent token, a non-exchangeable token or something else. Thus, ERC-1155 is considered more flexible than protocols such as ERC-20 or ERC-721.

Mocktail not only includes the ERC-1155 token, but also acts as an AMM protocol allowing people to access profitability optimization using various strategies on the Binance Smart Chain (BSC) at low cost / slip. This allows the user to get the most out of it.

Mocktail will also be a decentralized swap solution built on the BSC platform. Allows users to access a secure and fast exchange platform.

Mocktail Token is MocktailSwap's first semi-fungible token . Mocktail Finance is an AMM protocol that combines multi-strategy yield optimization on the low cost / skid Binance Smart Chain (BSC) that also provides aggregation via vault compounding, borrowing, and yield gain for maximum returns.

MocktailSwap is a decentralized exchange solution on the Binance Smart Chain. We provide a platform to create a fully secure and fast decentralized token exchange system.

- The stable placement of your assets with little or no loss is not permanent

- Automatic results and optimally optimized

- Complete decentralization

- Fully governance-based MOK token economy

How does it work?

This is a new Ethereum token standard on the Binance Smart Chain and a new type of dapp on Mocktail Finance!

The ERC-1155 token standard provides a way to create one smart contract managing an almost unlimited number of tokens - technically, 2²⁵⁶ token types with up to 2²⁵⁶ copies each.

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

Semi-fungible means:

- Each type of token can be owned by multiple addresses

- One address can have multiple copies of each token.

features

Mocktail is a platform that allows users to access a variety of decentralized financial features built into the binance smart chain. With Mocktail Finance, users can maximize their profits with a multi-yield strategy that optimizes the BSC. Or exchange tokens on the Mocktail Swap platform for a low fee. It is a new ethereum token standard and Dapp is built on top of the Binance Smart Chain.

1. Standard token ERC-1155:

Token Mocktail is based on the ERC-1155 standard Semi-Fungible Token which is built on top of the Binance Smart Chain. And it is the first ERC-1155 token built on top of the Binance Smart Chain.

2. Switch:

Mocktail allows users to exchange their tokens for other tokens for a low fee.

3. Farming:

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

4. Liquidity:

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

5. Bet:

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

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