XcelDefi - The next generation cryptocurrency

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Decentralized finance, also known as DeFi, was introduced as a concept to replace the prevalent traditional finance model. Fast forward to today, and DeFi has evolved from a concept introduced to the world with the advent of bitcoin to one of the fastest growing ecosystems and the biggest market disruptor in human history. According to a CoinMarketCap report from May 2021, the DeFi industry currently has a market cap of $150 billion. This is no small feat considering the DeFi economy only had a market Cap of $1 billion in 2019, implying that the industry grew by more than 149x in two years. In addition, DeFi has shown tremendous potential to overtake traditional finance, with an influx of practical applications continuing to flood the space.

Despite DeFi's tremendous and extraordinary growth, there is still some way to go before achieving the main goal of restructuring. financial sector by ushering in a new era of decentralization, which has become difficult due to low adoption rates. XcelDefi, the new DeFi ecosystem, intends to address this issue by lowering the barriers to entry for new entrants who are interested in joining the industry. XcelDefi wants to build the world's first comprehensive ecosystem, including XcelSwap, XcelDefi launch pad, XcelTrip, XcelPay wallet, and our native digital token XLD built on the Binance Smart Chain.

What is XcelDefi?
XcelDefi is a BEP20 based digital asset, which means it is built on the Binance Smart Chain, one of the fastest and most secure blockchains in the world. The ultimate goal of XcelDefi is to remove financial barriers and use blockchain technology to separate centralized financial models. In addition, the introduction of XcelDefi enables equal participation in financial services regardless of ethnicity, age or cultural identity.

The XcelDefi Ecosystem, powered by XcelLabs, aims to build a decentralized digital product ecosystem backed by their native token, XLD. XcelDefi is an ecosystem powered by XcelLabs that aims to be the world's first comprehensive DeFi ecosystem by developing a digital product chain spanning multiple sectors, backed by $XLD, a community based token and leveraging blockchain technology to do so.

XcelDefi intends to take the lead in creating a fully decentralized economy, and the launch of $XLD is the first step in that direction. Moreover, XcelDefi is designed to bring together the travel, cryptocurrency, DeFi and investment sectors under the Xcel banner.

VISION
XcelDefi's vision fully embodies Satoshi Nakamoto, the creator of Bitcoin, philosophy and desire to build a decentralized economy that allows trustless and permissionless financial transactions, which is why the team at Xcel Labs aims to create a comprehensive decentralized ecosystem powered by XcelDefi.

XcelDefi intends to accelerate the inevitable takeover of traditional finance by driving user growth and mass adoption through the roof (TradFi).

  • The following is part of XcelDefi's vision: Integrating DeFi/Blockchain into Our Everyday Life: XcelDefi intends to integrate blockchain and its use cases into society to become part of everyday life through products on our platform.

  • Accessibility: We aim to improve accessibility in the crypto sector by making it easier for anyone with little or no technical knowledge to navigate and understand DeFi using our UI, lowering barriers to entry and driving user growth.

  • A secure and scalable ecosystem: We aim to build a highly scalable and secure system to set the standard for the next generation of DeFi products while providing seamless interoperability.

  • Our ecosystem : backed by our native token $XLD, aims to provide the DeFi community with unmatched benefits and opportunities while also building the first fully decentralized and digital economy.

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XcelDefi Platform
XcelDefi aims to create an ecosystem where token holders can benefit from our premium platform services such as:

  • Switch Xcel
  • XcelTravel
  • XcelPay Wallet
  • XcelPay Wallet

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XcelPay Wallet is a decentralized wallet project that aims to make cryptocurrencies more accessible. As a utility token, XcelPay wallet users receive $XLD. As a result, $XLD raises awareness and makes cryptocurrency accessible to all users. Furthermore, XcelPay can be used to purchase gift cards and mobile top-ups directly from your wallet.

Binance Smart Chain (BEP-20), Ethereum (ERC20), and XinFin Network tokens are supported. XcelPay wallet allows

You should create your wallet and start buying and holding cryptocurrencies if you are new to cryptocurrencies. Our wallet is easy to use and understand. Several valuable features distinguish the XcelPay wallet.

  • Payment Requests: Users on the platform can send payment requests directly to other users. If your crypto payment is pending, you can also send a payment request.

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

What is XcelDefi Token?
The XcelDefi token is a smart contract based on the Ethereum blockchain. Like XcelToken Plus, it is an ERC-20 based on the Ethereum platform. However, it goes one step further, where XcelDefi token holders are provided with a unique opportunity to make a quick transition – from traditional banking and financial services to a progressive blockchain platform. The tokens are potentially designed to earn interest, obtain loans, and trade assets without having to rely on third parties through Defi staking.

XcelDefi Token inventory allocation details:

  • Supply- 250 million
  • Vesting- 37.5m (15%)
  • Foundation- 37.5m (15%)
  • Reserve- 25m (10%)
  • General Sales- 150m (60%)
  • Value- $5
  • Buy XcelDefi Tokens (XLD)

XcelDefi tokens are available for private sale on XcelDefi.com. Limited tokens and discounts will be available to eligible investors in the pre-sale round from January to September.

  • Users can SWAP ETH/BTC to XcelDefi Token (XLD) on XcelPay Wallet.
  • Soon the company plans to launch a swap feature in the XcelPay Wallet and XcelDefi.com apps

ROADMAP
2021 Q1-Q2

  • Initial Concept
  • Team Development
  • Pre-marketing
  • brand

2021 Q3-Q4

  • Token Launch
  • White Paper Publishing
  • Register on CoinMarketCap
  • Launch of XcelSwap (DEX Automated Market Generation)
  • Introducing XLD as governance token in XcelSwap
  • Register on PanCakeSwap
  • Register XcelSwap in XcelPay Wallet
  • Add Listing on XcelTrip for hotel and flight bookings with XcelDefi on 2.3 million hotels and 450+ flights
  • Introducing XLD yield farming and Staking in XcelSwap.

2022 Q1-Q2

  • Listing XcelDefi on the Main Centralized Exchange
  • Improve XcelDefi use cases and build ecosystem
    ( A voting system is in place to enable decentralized governance

2022 Q3-Q4

  • Launch a credit card and earn with XcelDefi
  • Working on our Own Blockchain
  • Listing XcelDefi on the Main Centralized Exchange

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.

The XcelDefi use cases are unmatched, combining the best from different worlds to offer a rich and diverse range of digital products. XcelDefi also intends to give DeFi a significant boost in its quest to replace traditional finance.
Furthermore, building a fully decentralized economy like XcelDefi will pave the way for a world where decentralized organizations will become the norm and be an eye opener in bringing diverse blockchain technology applications applied to all areas of life.

#xceldefi #xcelswap #BSC #XLD #DeFi#XcelLab #DEX #crypto#BinanceSmartChain#decentralizedfinance #defimarket#defiwallet #defilending #defistaking#pancakeswap #investinxld #buyxld

For More Information:
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
Media: https://xceldefi.medium.com/

Author

Bitcointalk username: injhagi

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2622047;sa=summary

Bsc wallet address: 0x04953C32c8Df985A68C85B19E79fdD82171Ffb60

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