XcelDefi
Tags: Cryptocurrency, Bsc, Crypto, Defi

Introduction:

DeFi is a protocol that was developed to become a decentralized financial platform that users can use for their various crypto needs such as swaps, staking, farming, etc. The presence of the DeFi protocol makes it easier for users to gain access to a more modern, innovative, and secure financial platform compared to a centralized exchange platform.

Because users only need to connect to the DeFi platform to be able to use its various features, there is no need to sign up or KYC. Therefore, many crypto users are now using the DeFi protocol. But as we know that the DeFi protocol is rolled out in several different chains, such as BSC, ETH, etc., and we cannot send tokens with the BSC protocol to a platform that only supports the ETH chain and this is the problem. And for that, xcelswap launched for

restructuring the traditional financial ecosystem.

As you know, many new up and coming cryptocurrencies and tokens lack a strong ecosystem and use-cases. XLD principally believes that projects without strong community, and tokens without applicable use cases have no meaning.

About

XcelDefi wants to build the world’s first comprehensive ecosystem, including XcelSwap, the XcelDefi launchpad, XcelTrip, the XcelPay wallet, and our own native digital token XLD built on the Binance Smart Chain, intends to lowering the barrier of entry for newcomers interested in joining the industry.

XcelDefi’s Mission

XcelDefi’s mission is to improve the DeFi ecosystem and accelerate adoption by improving user experience. XcelDefi intends to build a value-driven ecosystem that will broaden DeFi’s horizons. The ultimate goal of XcelDefi is to dismantle financial barriers and use blockchain technology to disintermediate centralized finance models. In addition, the introduction of XcelDefi allows for equal participation in financial services regardless of ethnicity, age, or cultural identity.

XcelDefi Vision

XcelDefi intends to integrate blockchain and its use cases into society to become a part of everyday life through the products on the platform. XcelDefi intends to increase accessibility in the crypto sector by making it simple for anyone with little or no technical knowledge to navigate and understand DeFi using our UI, lowering the barrier to entry and driving user growth.

XcelDefi intends to build a highly scalable and secure system to set the bar for the next generation of DeFi products while providing seamless interoperability.

Native token $XLD, aims to provide unrivalled benefits and opportunities to the DeFi community while also establishing the first fully decentralized and digital economy.

XcelDefi Ecosystem

XcelDefi aims to create an ecosystem in which token holders can benefit from premium platform services such as •XcelSwap •XcelTrip •XcelPay Wallet

XcelSwap - XcelSwap is a decentralized exchange that enables users to trade peer-to-peer with complete confidence while utilizing liquidity provided by others.

XcelSwap is a non-custodial exchange, which means they do not need to hold your token for you to trade it. XcelSwap is an automatic market maker, an underlying protocol that underpins all decentralized exchanges.

Features of XcelSwap

Staking - Staking is a distinguishing feature of XcelSwap. A large number of mining pools deceive users by promising high APR returns.

At XcelSwap, they designed a staking feature to ensure that returns remain constant over time. The staking mechanics were designed with simplicity in mind, and the protocol only calls for a 72-hour staking period. After this period, users can withdraw their funds plus interest at any time.

Yield Farming - Yield farming is a method of generating returns on XcelSwap using your cryptocurrency. Farming with XcelSwap allows you to earn rewards by supplying liquidity to various farming pools. Users will be required to provide liquidity to the XLD-ETH pair to participate in XcelSwap farming pools. The more a user deposits, the greater their share of the total rewards.

XcelTrip - XcelTrip is reshaping the travel industry. Smart contracts connect travel service providers and customers directly. It not only saves customers money, but it also allows them to earn more money. Users can make money by convincing hotels, restaurants, and travel service providers to join www.xceltrip.com through XcelTrips’ International Marketing Partner (IMP) marketing scheme.

The XcelTrip platform allows travel vendors to list their services for free, eliminating the need for mediators or intermediaries. As a result, vendors are paid faster, and their profit margins grow. XcelTrip has integrated a cryptocurrency payment solution with an XLD booking engine with success. Users can now make reservations in Bitcoin, Bitcoin Cash, Bitcoin, BNB, XcelToken plus, ETH, and Verge.

XcelPay Wallet - The XcelPay wallet is a decentralized wallet project that aims to make cryptocurrencies more accessible. XcelPay can be used to buy gift cards and top up mobile phones directly from your wallet.

The XcelPay Wallet allows you to create your wallet and begin buying and holding cryptocurrency if you are new to cryptocurrency.

The wallet is easy to use and understand. Some valuable features distinguish the XcelPay wallet.

Features of XcelPay Wallet

Payment Request - Users on the platform can send direct payment requests to other users. If your crypto payment is pending, you can also send a payment request.

Performance Tracking- On XcelPay Wallet, users can mark tokens and add them to their watchlist. When you observe the token, you will access 24-hour data, including the 24-hour high, 24-hour volume, 24-hour low, current coin price, and percentage change

TOKENOMICS

Initial Supply: 111 Million

Rewards and Loyalty: 20M (18.02%)

Foundation: 50M (45.05%)

Team: 11M (9.91%)

Liquidity: 15M (13.51%)

Marketing and Business Development: 15M (13.51%)

ROADMAP

2021 Q1-Q2

Concept Inception

Team Development

Premarketing

Branding

2021 Q3-Q4

Token Launch

Publishing Whitepaper

Listing on CoinMarketCap

XcelSwap Launch (Automated Market Making DEX)

Introducing XLD as governance token on XcelSwap

Listing on PanCakeSwap

XcelSwap Listing on XcelPay Wallet

Add Listing on XcelTrip for hotels and flights booking with XcelDefi across 2.3 million hotels and 450+ flights

Introducing XLD yield farming and Staking on XcelSwap.

2022 Q1-Q2

Listing XcelDefi on Major Centralized Exchanges

Increasing XcelDefi use-cases and building ecosystem

Voting system in place to allow decentralized governance

2022 Q3-Q4

Launching Credit cards and earn with XcelDefi

Work on our Own Blockchain

Listing XcelDefi on Major Centralized Exchanges

CONCLUSION

The XcelDefi ecosystem is an important step in taking DeFi to the next level. XcelDefi intends to create a community with access to innovative digital products while providing the best user experience.

XcelDefi’s goal of integrating blockchain technology into our daily lives seems very realistic. If achieved, it will open the doors of DeFi to the untapped billions who still want to cross over to this side.

XcelDefi’s use-cases are unrivalled, combining the best of multiple worlds to offer a rich and diverse array of digital products. XcelDefi also intends to give DeFi a significant boost in its efforts to replace traditional finance.

Furthermore, establishing a fully decentralised economy such as XcelDefi would pave the way for a world in which decentralised organisations would be the norm and be an eye-opener in presenting the diverse applications of blockchain technology applied to all spheres of life.

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More Info:

Website: https://xceldefi.com/

Whitepaper: https://xceldefi.com/whitepaper

Telegram group: https://t.me/XcelToken

Facebook: https://www.facebook.com/XcelDefiOfficial

Twitter: https://twitter.com/XcelDefi

Instagram: https://www.instagram.com/xceldefi/

Linkedin: https://www.linkedin.com/in/xcelpaywallet/

Reddit: https://reddit.com/r/xceldefi

Discord: https://discord.gg/acUKN6nCYa

Medium: https://xceldefi.medium.com/

Author Username: Mo7w

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2237464

Smart Chain (BSC) Wallet Address: 0x3CdDC80159b4EEc336732350CE68138CC9be3016