INTRODUCTION
The XcelDefi ecosystem, powered by XcelLabs, aims to build a decentralised digital product ecosystem backed by their native token, XLD.
XcelDefi is an ecosystem powered by XcelLabs that aims to become the world’s first comprehensive DeFi ecosystem by developing a chain of digital products spanning multiple sectors, backed by $XLD, a community-driven token and leveraging blockchain technology to do so.
This whitepaper discusses the significance of XcelDefi in such circumstances and provides a detailed breakdown of its use-cases. There are also important details about its working mechanism and the distinguishing features that set XcelDefi apart from the rest of the DeFi sector.
XcelDefi platform services
XcelDefi aims to create an ecosystem in which token holders can benefit from our premium platform services such as:
- XcelSwap
- XcelTrip
- XcelPay Wallet
VISION
The XcelDefi vision fully embodies Satoshi Nakamoto’s, the creator of Bitcoin, philosophy and desire to build a decentralised economy that allows trustless, permissionless financial transactions, which is why the team at Xcel Labs aims to create a comprehensive, decentralised ecosystem backed 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 are part of XcelDefi’s vision:
- Incorporation of DeFi/Blockchain into Our Daily Lives: XcelDefi intends to integrate blockchain and its use cases into society to become a part of everyday life through the products on our platform.
- Accessibility: We intend 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.
- 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 provide unrivalled benefits and opportunities to the DeFi community while also establishing the first fully decentralised and digital economy.
Why XcelDefi?
XcelDefi aims to seamlessly integrate DeFi with other sectors, creating more use-cases and setting the standards for the next generation of DeFi products in the process. XcelDefi has the potential to be a gamechanger, and it could be precisely what DeFi needs to capitalise on the “DeFi boom” of the last two years.
XcelPay Wallet
The XcelPay wallet is a decentralized wallet project that aims to make cryptocurrencies more accessible. As a utility token, users of the XcelPay wallet receive $XLD. As a result, $XLD raises awareness and makes cryptocurrency accessible to all users.
Furthermore, XcelPay can be used to buy gift cards and top up mobile phones directly from your wallet.
- Payment Request: Users on the platform can send direct payment requests to other users. If yourcrypto 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.
XcelDefi Token supply allocation details
- Supply- 277 million
- Vesting- 37.5m
- Foundation- 37.5m
- Reserve- 25m
- Public Sale- 177m
- Value- $5
Buy XcelDefi Token (XLD)
XcelDefi Token is available for private sale at XcelDefi.com. The limited and discounted tokens will be available for qualified investors at a pre-sale round from January till September.
- Users can already SWAP ETH/BTC to XcelDefi Token (XLD) on XcelPay Wallet.
- Soon the company plans to launch a swap feature in the XcelPay Wallet app and XcelDefi.com
- Xceldefi Token is available for trading at www.xceltoken.com at $ 5.
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