The new standard is a powerful tool that joins fungible tokens that have been widely accepted (list of ERC-20 tokens) to the non-fungible tokens that are popularizing themselves (list of NFT tokens).
In addition, the interface ERC-1155 provides ways to make transactions more efficient. The interface defines the function “safeBatchTransferFrom” to group multiple tokens and enable atomic swaps. In other words, the interface allows multiple complex operations in a single transaction. This procedure is quite simple and does not involve complex implementation.
Backwards Compatibility is another feature of the standard. It is compatible with ERC-721 and ERC-20 which can be inherited without any issue. ERC-1155 allows smart contracts to reference other contracts’ storage whenever it necessary. In this way, it avoids duplicating of code or misuse of storage by smart contracts. As a result, it improves the efficiency of the Ethereum ecosystem.
MOCKTAILSWAP FINANCE
MocktailSwap Finance is an AMM protocol that combines multi-strategy yield optimization on the low cost / slip 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. – Stable positioning of your assets with little or no permanent loss – Automatic, maximally optimized results – Complete decentralization – Fully governance-based MOK token economy
ABOUT MOCKTAIL
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
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.
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.
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.
2. Swapping:
Mocktail allows users to swap their tokens for other tokens with low fees.
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. 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.
MOK TOKEN
MOK is a token launched by Mocktail that will act as a token that keeps the platform running. MOK is based on the ERC-1155 token standard, which is a standard token and a new type of decentralized application in Mocktail Finance. MOK is built on Binance’s smart chain, which is known to be faster, safer and lower in fees. It is a semi-replaceable token, meaning that this token can belong to multiple addresses, and multiple copies of each token can belong to one address.
Ticker: MOK
Chain: Binance Smart Chain (BEP-20)
Address: https://bscscan.com/token/0x23A1c4025Aa5Dc7f876530bEb76346b99d50C3AA
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
Website: https://www.mocktail.finance/
Whitepaper: https://docs.mocktailswap.finance/
Telegram: https://t.me/joinchat/US2ep3ftH79kNTRh
Facebook:https://www.facebook.com/MocktailSwap
Twitter: https://twitter.com/MocktailSwap
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