XcelDefi (XLD) opens Initial Exchange Offering (IEO) on LATOKEN

XcelLab
XcelPay Magazine
Published in
3 min readNov 15, 2021

XcelDefi (XLD) — a community token backed-up by Xcellab Ecosystem is opening Initial Exchange Offering on LAtoken.

Initial Exchange Offering Details:

IEO Duration : 15th November 2021- 24th November 2021

Expected IEO trading volume : 100m tokens

Token Type : BEP-20 token

Issuer : XcelDefi (XLD)

LAToken listing date: 25th November

About XcelDefi (XLD) Project

XcelDefi (XLD) is a BEP-20 token built on Binance Smart Chain which makes XLD a token which is based on the fastest and most secure blockchain.

A native token of Xcellab Ecosystem comprising of inter-sectional blockchain platforms like: Decentralised Exchange Platform (DEX)-XcelSwap, a decentralized travel and booking platform- XcelTrip, and decentralized wallet — XcelPay Wallet built to send,receive and store cryptos, XcelDefi(XLD) has great utility and use cases.

XLD holders can participate in the Liquidity pool and earn token rewards

Using XcelDefi (XLD) and XLD trading pairs, XLD holders can participate in DEX liquidity programs. XLD holders can participate in the XcelSwap liquidity pool and become a liquidity provider, and win tokens rewards. When an investor contributes toward providing liquidity to a certain Liquidity Pool (LP), they get LP tokens in reward.

There are 1,44000 daily minted tokens everyday which will be shared based on the liquidity to the contributors.They can use these LP Tokens to Farm and get returns. XcelSwap also provides XLD (governance token of XcelSwap) and a certain percent of the trading fees to the investors who are staking LP tokens.

To learn more about XcelDefi refer to our Roadmap and whitepaper.

A community driven token that rewards its community members

XcelDefi (XLD) is a governance token for XcelSwap, as XcelDefi (XLD) holders community members can vote for Xcellab Ecosystem project developments and amendments. They can organise themselves around a set of rules enforced by DAO smart contracts and vote for project changes. By doing so, they can also win a portion of proceeds from XcelLab Strategy as rewards.

Travel the world with cryptos

Using XcelDefi (XLD) users can book over 2.3 million hotels and 450 plus airlines worldwide using decentralised travel and booking platform XcelTrip. Travellers can also win XLD as a reward by participating in XcelTrip referral program, where they can earn XLD as reward for recommending hoteliers and air travel service providers to XcelTrip.

Making DeFi accessible to all

Built with the aim of making DeFi services accessible to all, XcelDefi is removing barriers to entry on Decentralized Finance and cryptocurrency industry by also catering to new-entrants who are willing to enter the fostering crypto community. Aspiring crypto enthusiasts can download XcelPay Wallet to claim their very first crypto in XLD.

Driving crypto use cases

Apart from this, XLD can be used to top-up over 990 mobile carrier service in 190+ countries and buy gift cards directly from XcelPay Wallet app.

XcelDefi (XLD) will get listed on LAtoken on 25th November 2021. Post IEO trading price will be $0.40.

XLD Partnerships and Collaborations

Xcellab Ecosystem has built strategic partnerships with fostering crypto communities that are working significantly in the rapidly growing cryptocurrency market space.

XcelDefi (XLD) holders can track XcelDefi value on Coinmarket cap, as well as can track live price movement of XcelDefi (XLD) on CoinGecko.

Apart from being listed and featured in the world’s most trusted price tracking websites like CoinMarketCap and CoinGecko .

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 decentralised wallet- XcelPay Wallet. Furthermore, Xcellab has also partnered with Nexo.

Our Community

XcelDefi (XLD) has a whooping 46000+ token holders based on BSCscan. The overall Xcellab Ecosystem currently comprises 200,000 plus community members, including XcelDefi, XcelSwap, XcelTrip and XcelPay Wallet Twitter community, and more are getting added everyday.

For XLD project updates connect with us on our Social Media Handles

Twitter

Telegram

LinkedIn

Facebook

Instagram

Medium

YouTube

Visit our website XcelDefi.com

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XcelLab
XcelPay Magazine

XcelLab has embarked on an ambitious journey to build an eco-system driven by blockchain technology, and crypto use-cases that are built to address the issues a