XcelDefi - a BEP20 based digital asset and one of the fastest and most secure blockchains in the world

in #btc • 3 years ago



What is XcelDefi?


XcelDefi is a BEP20-based digital asset, which means it is based on the Binance Smart Chain, one of the fastest and most secure blockchains in the world. XcelDefi's ultimate goal 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 supported by their native token XLD. XcelDefi is an ecosystem operated by XcelLabs that aims to be the world's first comprehensive DeFi ecosystem by developing a digital chain of products spanning multiple sectors, supported by $ XLD, a community-based token, and for the Uses blockchain technology.

XcelDefi intends to take the lead in creating a fully decentralized economy and the introduction of $ XLD is the first step in that direction. In addition, XcelDefi aims to unite the travel, cryptocurrency, de-fi and investment sectors under the Xcel banner.



VISION


The vision of XcelDefi embodies Satoshi Nakamoto, the creator of Bitcoin, the philosophy and desire to build a decentralized economy that enables trustworthy and permissionless financial transactions.

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

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

  • Accessibility:  We intend to increase accessibility in the crypto sector by making it easy for anyone with little or no technical knowledge to navigate and understand DeFi using our user interface to lower the barrier to entry and encourage user growth.

  • Secure and Scalable Ecosystem:  We intend to build a highly scalable and secure system to set the bar for the next generation of DeFi products while providing seamless interoperability.

Our ecosystem, powered by our native token $ XLD, aims to bring unmatched benefits and opportunities to the DeFi community while establishing the first fully decentralized and digital economy.

XcelSwap - next-generation decentralized exchange


XcelSwap is a decentralized exchange that enables users to trade peer-to-peer with complete confidence while leveraging the liquidity of others. Unlike centralized exchanges, XcelSwap is an no-custody exchange, which means we don't have to store your tokens for you to trade. We have created an advanced environment for new projects to connect to the target market while multiple companies are ready to provide liquidity.

Anyone who owns a token must provide the same liquidity and free tokens in order to become a liquidity provider (usually a stablecoin or ETH). Holders receive XcelSwap Liquidity Provider (XLD) tokens that represent their portion of the token pair's liquidity pool after providing an equal liquidity distribution for these two tokens. This liquidity pool enables other traders to access the tokens collected for a small fee, which is proportionally distributed to all participants in the liquidity pool. Since it is a decentralized exchange, XcelSwap is an automated marketplace builder. Automated Market Builder is the basic protocol that underpins all decentralized exchanges. Automatic Market Maker (AMM) enables users to automatically trade crypto assets without permission by using pools of liquidity. Only projects that meet the XcelSwap criteria are listed and supported. Requirements for registering with XcelSwap include smart contract reviews, protocol compliance, and pre-locked liquidity.



The longer a user goes in, the higher the reward. Example: A user wagers for 30 days and receives $ 200. A user who has been in for 60 days receives an income of $ 250.

Hit


Staking is a differentiator from XcelSwap. Large numbers of mining pools deceive users by promising high APR. However, these returns are the introductory APR to attract liquidity that typically doesn't last long due to increased token circulation. At XcelSwap, we designed our staking feature to ensure
that returns remain constant over time.

The staking mechanic was designed with simplicity in mind and the protocol only allows for a 72 hour staking period. After this period, users can withdraw their balance plus interest at any time. You can also claim their rewards for free.

The staking protocol is summarized below:

  • Exercise Fee (XcelSwap)
  • Starting fee for missions: 1.5%
  • Exit fee for stakes: 0.5%
  • Minimum lock-in: 72 hours

Earning Agriculture


Yield farming is a method of generating returns on XcelSwap with your cryptocurrency. It's one of the pillars of the DeFi room. Farming with XcelSwap allows you to earn rewards by providing liquidity to various farming pools. Users must provide liquidity to the XLD-ETH pair in order to participate in XcelSwap farming pools. The more a user deposits, the greater their share of the total rewards.

Another incentive for adding funds to a liquidity pool is to distribute a new token. For example, while buying large tokens is impossible, liquidity providers can accumulate these tokens by providing liquidity to a specific pool.

XcelTravel


By integrating the blockchain into a decentralized ecosystem powered by smart contracts, XcelTrip is reshaping the industry's journey. These smart contracts connect travel service providers and customers directly. Not only does it save customers money, but it also enables them to make more money.

Users can make money by convincing hotels, restaurants and travel service providers to join www.xceltrip.com through XcelTrips' International Marketing Partners (IMP) marketing program. You will be rewarded with an XLD token every time the recommended provider is booked on our platform.

XcelDefi platform


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

  • XcelSwap
  • XcelTrip
  • XcelPay wallet



XcelPay wallet


XcelPay Wallet is a decentralized wallet project that aims to make cryptocurrencies more accessible. XcelPay wallet users receive $ XLD as a utility token. As a result, $ XLD is raising awareness and making cryptocurrency accessible to all users. In addition, with XcelPay you can buy gift cards and mobile top-ups straight from your wallet.

Binance Smart Chain (BEP-20), Ethereum (ERC20) and XinFin Network Token are supported. XcelPay Wallet allows
you should create your wallet and start  to crypto currencies  buy and hold, if you have not with  familiar crypto currencies  are. Our wallet is easy to use and understand. The XcelPay wallet has several valuable features.

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

  • Performance tracking:  In XcelPay Wallet, users can mark tokens and add them to their watchlist. By observing the token, you will access 24-hour data including 24-hour highs, 24-hour volumes, 24-hour lows, current coin price and percentage change.



    TOKEN UTILITIES



    • Governance:  Xceldefi owners have the right to vote for any further development and change of Xcelswap.

    • Payments:  Book over 2.3 million hotels and 400+ flights using XLD with Xceldefi.

    • Passive Income:  Use XLD on Xcelswap and get the highest returns ever

    • Crypto for everyone:  Download Xcelpay Wallet and claim XLD for free as an incentive.

    TOKENOMICS


    • First aid:  111 million
    • Rewards and Loyalty:  20M (18.02%)
    • Foundation:  50 million (45.05%)
    • Team:  11 million (9.91%)
    • Liquidity:  15 million (13.51%)
    • Marketing and business development:  15 million (13.51%)



    ROADMAP


    2021 Q1-Q2

    • Start of concept
    • Team development
    • Pre-marketing
    • Trademark

    2021 Q3-Q4

    • Token-Start
    • Publish whitepaper
    • Listing on CoinMarketCap
    • Introduction of XcelSwap (Automated Market Making DEX)
    • Introduction of XLD as a governance token on XcelSwap
    • Listing on PanCakeSwap
    • XcelSwap listing on XcelPay Wallet
    • Add an entry to XcelTrip for hotels and flights booking with XcelDefi in 2.3 million hotels and over 450 flights
    • Introduction of XLD Yield Farming and Staking on XcelSwap.

    2022 Q1-Q2

    • XcelDefi is listed on major centralized exchanges
    • Boosting XcelDefi use cases and building the ecosystem
    • Electoral system for decentralized governance

    2022 Q3-Q4

    • Introducing credit cards and making money with XcelDefi
    • Work on our own blockchain
    • XcelDefi is listed on major centralized exchanges



    CONCLUSION


    The XcelDefi ecosystem is an important step in taking DeFi to the next level. XcelDefi aims to create a community with access to innovative digital products while delivering the best user experience. XcelDefi's goal of integrating blockchain technology into our everyday lives seems very realistic. When that is accomplished, it will open the doors of DeFi to the undeveloped billions who still want to switch to that side.

    XcelDefi's use cases are unrivaled, combining the best of multiple worlds to offer a rich and diverse range of digital products. XcelDefi also intends to give DeFi a significant boost in its efforts to replace traditional finance.
    In addition, establishing a fully decentralized economy like XcelDefi would pave the way for a world where decentralized organizations are the norm and an eye opener when showcasing the multiple uses of blockchain technology for all walks of life.

    Contact information:


    AUTHOR: jordi222

    BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=3367535

















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