XcelDefi (XLD) is the next generation innovative financial platform - BV_Crypto

Wednesday, January 12, 2022

XcelDefi (XLD) is the next generation innovative financial platform

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.

XLD is a native token of Xcellab Ecosystem which is bringing together the world of decentralized travel, finance and investment together under one umbrella.
XcelDefi (XLD) is a next generation, BEP-20 token backed with automated smart contracts created to disrupt traditional financial systems.

XLD (exceldefi) adheres to four pprinciples
  1. security
  2. transparency
  3. efficiency
  4. decentralization.
Users can store, send and receive XcelDefi on XcelPay Wallet, Trust Wallet, Binance Chain and Metamask. it should be noted that xcelpay itself is xcedefi wallet.
With the decentralized, secure and custody-free XcelPay wallet, users can load over 900+ mobile networks worldwide and buy over 350+ gift cards from Amazon, Playstore, Applestore and other platforms. Users can send, receive, purchase, exchange, store XcelDefi(XLD) and other ERC-20 tokens as well as BEP-20 tokens in secure XcelPay Wallet.
in excelpay there are two advantages, namely (exceltrip and excelswap)

Popular Features of Xcelswap
Instant SWAP
Xcelswap is an automated market maker where you can swap tokens without order books.Using these automated market making protocols, XcelSwap users can trade orders with different traders through instant swapping. Xcelswap is an open source defi protocol, which lets you swap BEP20 tokens with one another.

Add Liquidity
One can even add a trading pair into the liquidity pool and earn LP tokens. XcelSwap incentivizes Liquidity providers with trading fees & LP tokens for their efforts and contribution to the liquidity pool. Those LP tokens could be further used in yield farming.

Farming
You can farm Xceldefi for a certain time period and earn XcelDefi as a reward.Additionally, by contributing to liquidity pool, liquidity providers can also Earn upto 600% Annual percentage yield (APY) on various farm using LP tokens on XcelSwap.

User’s Control over funds
Unlike centralized cryptocurrency exchanges that operate under a singular entity, XcelSwap is a decentralized exchange (DEX). Built on an automated smart contract, that’s based on Binance Smart Chain, XcelSwap enables users to keep full custody of their token. Users can trade directly from their Wallet and hold full-control over their funds.

Tokenomics
As a DeFi platform, of course, xcelswap will launch a cryptocurrency that will facilitate user transactions on the platform. xcelswap allows users to get these tokens easily through supported exchanges. These coins, known as XLD tokens are BSC based tokens launched to users that will serve as utility tokens. Users can use these XLD tokens for their various needs, such as payments, staking, etc. This is the native token of xcelswap which in the future will support the development and operation of the platform.
XLD is built to maximize the XcelLab Ecosystem and increase crypto adoption by making tokens available for real-life use cases.
strong use of XcelDefi in the XcelLab ecosystem that has driven crypto adoption. XcelLab continues to work hard to build secure, transparent, permissionless and reliable systems. The start of XcelDefi takes place in the first quarter of 2021. The project was launched in early September. The XcelDefi white paper has been published and is available on the company’s official website. XLD has been introduced as a governance token for XcelSwap and has been listed on: Coins and other dex market caps like Pancake Swap XcelSwap and Bakery Swap XcelPay decentralized wallet XcelTrip’s decentralized travel and booking platform XcelDefi has more plans for the future. By the end of 2021, XcelDefi aims to be listed on most centralized exchanges. 2022 will bring even better news as the project team is working on: Developing its own blockchain A voting system is in place to enable decentralized governance Launch a credit card and earn with XcelDefi Listing XcelDefi on major centralized exchanges.

XLD is already listed in 4 exchanges
Contract: 0xC79d1fD14F514cD713b5cA43D288a782Ae53eAb2
XCELSWAP | PANCAKESWAP | BAKERYSWAP | BW

conclusion:
exceldefi built to disrupt the traditional financial system. Users can store, send and receive XcelDefi in their native XcelPay Wallet, but it also supports Trust Wallet and Metamask. XLD adheres to four principles — security, transparency, efficiency and decentralization.
excelswap has the potential to change the lives of hundreds of millions of unbanked people around the world in a positive way. In addition to the possibility to make and receive payments without having a bank account as well as save money without having to fear inflation and government interference, the opportunity to invest in various asset classes such as equities, stock indices, commodities, bonds and crypto assets will open up opportunities for many people to invest with much higher long-term returns and to diversify risk. Time is important for everyone in this era of globalization. Nowadays digital currency has become introduced to reduce sales time. Cryptocurrency was first recognized as a payment system that allows people to distribute completely presto, without third parties, crystalline, secure, and faceless. With the emergence and growth of the crypto or blockchain ecosystem, many indispensable investment openings have developed, and have proven to be a more effective and profitable investment tool than traditional fiscal returns. Cryptocurrencies have the potential to be the largest digital asset for investment. Because it is rock-friendly, safe, and allows a large reduction in selling costs. This is the maximum in fiscal demand that has proven to be a nuisance in fiscal deals around the world. Taking advantage of blockchain technology, cryptocurrencies have succeeded in establishing decentralization.

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

For More Information:
Telegram group: https://t.me/XcelToken
Follow DafriBank on Linkedin: https://www.linkedin.com/in/xcelpaywallet/
Learn more about DafriBank: https://xceldefi.com/

Author
Forum Username: dwinrs
Telegram : @dwinrs
BEP-20 Wallet Address (https://xcelpay.io/) : 0x97D3A5233A2Be17A583Ff273D0408609Fae9a8De

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