XcelDefi Can Be Used For Passive Income
XcelDefi is a blockchain-based cryptocurrency that is a decentralized finance platform backed by the XcelLab Ecosystem. This project uses blockchain technology to disrupt the financial, travel, and e-commerce industries. It has several projects working side-by-side, including XcelTrip. XcelDefi is a way to buy, sell, and swap cryptocurrencies without divulging your identity.XcelDefi can also be used for passive income. The XcelPay Wallet is a decentralized wallet for mobile devices. Using it, you can send and receive XLD tokens through the XcelSwap platform. XcelPay Wallet can also be used for mobile recharges. Over 100k users have downloaded the app and have already downloaded the corresponding software.XcelDefi is an Ethereum-based token that will be used as a governance token for XcelSwap, a decentralized exchange built on the Binance Smart Chain. XcelSwap will allow users to trade BEP-20 tokens without any intermediaries. Those who have XLD are able to swap between the two different currencies in a matter of seconds.
XcelSwap - The Next- Gen Decentralized Exchange
XcelSwap is a decentralized exchange that enables users to trade peer-to-peer with complete confidence while utilizing liquidity provided by others. Unlike centralized exchanges, XcelSwap is a non-custodial exchange, which means we do not need to hold your token for you to trade it. We’ve created a progressive environment for new projects to connect to their targeted market as long as some entity is willing to provide liquidity. Anyone holding a token must provide equal liquidity and a complimentary token to become a liquidity provider (usually a stable coin or ETH). Holders receive XcelSwap liquidity provider (XLD) tokens representing their share of the token pair’s liquidity pool after providing equal parts liquidity for these two tokens. This liquidity pool allows other traders to access the pooled tokens in exchange for a small fee distributed proportionally among all liquidity pool participants. Because it is a decentralized exchange, XcelSwap is an automated market maker. Automatic Market Maker is the underlying protocol that underpins all decentralized exchanges. Automatic Market Maker (AMM) allows users to trade crypto assets automatically and without permission by utilizing a liquidity pool. Only projects that meet XcelSwap’s criteria will be listed and supported. Among the requirements for listing on XcelSwap are smart contract audits, protocol compliance, and pre-locking liquidity.
Partnerships
In the quest of making DeFi accessible to all, XcelDefi (XLD) project has collaborated with leading projects like Ferreum Network to launch the XLD staking program. By enabling FIO protocol on XcelPay Wallet Xcellab has improved overall crypto usability via its decentralized wallet- XcelPay Wallet.
Further, We plan to partner with as many famous cryptocurrency personalities out there who give genuine critiques on the project so that we can improve our structure. Partnerships with various media companies are onboard that release consistent press on how we are improving. In short, our plan to increase partnerships and bring exposure is one of the key components to our marketing strategy.
The year 2022 will bring better news as the project team is working on:
Developing its own blockchain
Voting System in place to allow decentralized governance
Launching of credit cards and earning with XcelDefi
Cointelegraph - https://bit.ly/3E2OThP
AMBCrypto - https://bit.ly/3HNiVbq
Yahoo News - https://yhoo.it/3DUGmxm
Yahoo Finance - https://yhoo.it/3rkbMK7
Digital Journal - https://bit.ly/3xgOB42
Facebook: https://www.facebook.com/XcelDefiOfficial
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Website: https://xceldefi.com/
Whitepaper: https://xceldefi.com/whitepaper
Telegram group: https://t.me/XcelToken
Linkedin: https://www.linkedin.com/in/xcelpaywallet/
Reddit: https://reddit.com/r/xceldefi
Discord: https://discord.gg/acUKN6nCYa
Medium: https://xceldefi.medium.com/
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