A bit about decentralized finance:
Decentralized finance, commonly known as DeFi, is a concept that was developed to replace the widely used conventional financial paradigm of the time. Take a look at the current state of DeFi, which has grown from a notion that was brought to the world along with the introduction of bitcoin to become one of the fastest-growing ecosystems and the largest market disruptor in human history.
According to a CoinMarketCap analysis from May 2021, the DeFi sector has a market capitalization of $150 billion at the time of writing. Considering that the DeFi economy only had a market capitalization of $1 billion in 2019, this is no minor accomplishment, as the business has grown by more than 149 times in only two years. Furthermore, DeFi has shown significant potential to displace conventional finance, as seen by the surge of practical applications that are continually flooding the market.
Mission and objective of XcelDefi:
With XcelDefi, the goal is to enhance the user experience while simultaneously expanding the DeFi ecosystem in order to accelerate the adoption of DeFi technology. It is established by the business strategy of XcelDefi as well as the regulatory restrictions that are in effect in each region that various products and services will be made available in different places. The XcelDefi team expects that by building a value-based ecosystem, they will be able to broaden the breadth of DeFi's possible uses. Participation in this initiative would be very appreciated as we want to make a constructive contribution to the development of a decentralized economy.
Vision of XcelDefi:
It is the team at Xcel Labs' goal to fully embody Satoshi Nakamoto's philosophy and desire to build a decentralized economy that allows for trustless, permissionless financial transactions. To accomplish this, they are developing a comprehensive, decentralized ecosystem that will be supported by the XcelDefi cryptocurrency, which is expected to be released in the near future. The firm hopes to speed the eventual takeover of conventional banking in order to reach unprecedented levels of user growth and popular acceptance, which it believes will be necessary (TradFi).
Their main intention:
XcelDefi aspires to be the driving force behind the development of a completely decentralized economy, and the creation of the $XLD cryptocurrency is the first step in that direction. Aside from that, XcelDefi was created with the goal of bringing together the travel, cryptocurrency, DeFi, and investment industries under the Xcel umbrella. XcelDefi is a BEP20-based digital asset, which implies that it was created on the Binance Smart Chain, which is one of the world's fastest and most secure blockchains, and that it is backed by the Binance Foundation. With XcelDefi, the ultimate objective is to eliminate financial obstacles while also using blockchain technology to disintermediate centralized finance processes. In addition, the introduction of XcelDefi enables for equitable participation in financial services regardless of race, age, or cultural identification, among other benefits.
Some notable points:
XcelDefi intends to integrate blockchain and its use cases into society through the items that are made available on our platform in order for blockchain and its use cases to become a part of everyday life for all individuals who use our platform. This will allow blockchain and its use cases to become a part of everyday life for all individuals who use our platform. With the use of our native token $XLD, we want to deliver unrivaled advantages and possibilities to the DeFi community while also developing the first completely decentralized and digital economy in the world.
With our user interface, we want to make it easy for anybody with little or no technical knowledge to explore and comprehend DeFi, therefore decreasing the barrier to entry and enhancing the rate of user growth in the cryptocurrency sector as a whole. A safe and scalable ecosystem is one that: This project aims to develop a high-performance, secure system that will serve as a foundation for the next generation of DeFi devices while also ensuring that they are compatible with existing network infrastructure.
ABOUT:
WEBPAGE ADDRESS: https://xceldefi.com/
INSTAGRAM ADDRESS: https://www.instagram.com/xceldefi
TELEGRAM GROUP URL: https://t.me/XcelToken
FACEBOOK-ADDRESS: https://www.facebook.com/XcelDefiOfficial
MEDIUM : https://xceldefi.medium.com/
REDDIT URL: https://reddit.com/r/xceldefi
LINKEDIN ADDRESS: https://www.linkedin.com/in/xcelpaywallet/
TWITTER: https://twitter.com/XcelDefi
DISCORD: https://discord.gg/acUKN6nCYa
OWNER INFORMATION:
BCT USER NAME: learningcrypto5421
PROFILE OF BCT USER: https://bitcointalk.org/index.php?action=profile;u=2252497;sa=summary
POA LINK: https://bitcointalk.org/index.php?topic=5374519.msg58839937#msg58839937
TELEGRAM USER NAME: @learningcrypto5421
BINANCE SMART CHAIN WALLET ADDRESS: 0x2c84f5f5596894675dA72ae3c279ed2A9422b4eF
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