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We've arrived at the beginning of the digital product blockchain era. XcelLabs' and its native coin's mission is to aid in the development of a decentralized digital product ecosystem. Developers will be able to monetise their digital products by selling tokens, thanks to the startup's distribution tools. About to be taught the basics of starting your own digital goods business through reselling. Prepare yourself!
XcelDefi aims to become the world's first comprehensive DeFi ecosystem by utilizing blockchain technology to create an ecosystem of digital products across numerous industries. Tokens worth $XLD will be used to fund this system. Decentralizing centralized financial institutions and removing financial obstacles are the eventual goals of XcelDefi's blockchain project. Due to the availability of XcelDefi, investors of all races, ages, and cultural backgrounds can now participate in the financial markets.
Why XcelDefi
New use-cases and standards will be established for DeFi products in the future thanks to XcelDefi. XcelDefi may be required to take advantage of the recent "DeFi explosion." They started with the creation of $XLD to get closer to their ultimate aim, which is a completely decentralized economy. Travel, bitcoin, and DeFi/Investment were all part of the original vision for the Xcel brand. XcelDefi is built on Binance Smart Chain, one of the world's most secure and fast chains.
XcelSwap
XcelSwap, a decentralized exchange, uses the AMM concept to facilitate peer-to-peer trading. In the XcelDeFi ecosystem, XcelSwap is a must-have function. We hope to be the first decentralized exchange that everyone may utilize. First-time DeFi users have a difficult time with most DeFi systems due to a poor user experience.
Trading on XcelSwap, a decentralized exchange, gives you the security of using other people's money. When you use XcelSwap to exchange tokens, you don't have to give XcelDefi custody of them. XcelDefi has built a network of companies that can provide liquidity in order to link new projects to the intended market.
XcelPay Wallet
XcelPay Wallet, an open-source, decentralized Bitcoin wallet, has gone live. Users of the XcelPay wallet can utilize the $XLD utility token to make purchases. It is easier to increase the amount of people who are aware of cryptocurrencies like $XLD through a PR campaign.
Gift cards and mobile phone recharges can also be purchased with XcelPay. Tokens from the XinFin Network and Ethereum Classic can also be used on the Binance Smart Chain. Open an XcelPay wallet account and begin trading cryptocurrencies right away. An easy-to-use XcelPay wallet is on offer.
Tokenomics
There are an estimated 111,000,000 XLDs in circulation. As the ecosystem grows, a limit will be placed on the number of tokens that can be issued. Look at the following table to see how XcelDefi suggests allocating and distributing resources:
To control deflation and guard against inflation, XcelDefi's tokenomics would necessitate regular token burns. Over the course of the project, the total supply would be cut by more than 41%. Burns have been distributed and accounted for as follows:
Conclusion
To put it another way, it's a massive leap forward in the development of DeFi. XcelDefi is known for providing its customers with cutting-edge technology. Blockchain technology, according to XcelDefi, has the potential to be employed in the real world. There will still be billions of dollars worth of gold to be mined after this target is met. For the first time ever, a wide range of digital solutions may be created by combining the best of different fields. XcelDefi will also replace traditional funding. Even more importantly, XcelDefi's use of blockchain technology in a wide range of industries proves that this is a serious goal.
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For More Information Visit :
Learn more about DafriBank: https://xceldefi.com/
Telegram group: https://t.me/XcelToken
Facebook: https://www.facebook.com/XcelDefiOfficial
Twitter: https://twitter.com/XcelDefi
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Follow DafriBank on Linkedin: https://www.linkedin.com/in/xcelpaywallet/
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Medium: https://xceldefi.medium.com/
Writer :
Bitcointalk Username : Natasya2000
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3396747
BSC address (from XcelPay Wallet): 0xb4b5114019d96B2F0B85509F0750894554ba52Da