XcelDefi(XLD)- the native token of Xcellab ecosystem gets listed on LATOKEN

XcelPay $XLD
XcelPay Magazine
Published in
5 min readDec 7, 2021

Xcellab Ecosystem announces the launch of its native token XcelDefi (XLD) on LATOKEN Exchange.

XcelDefi (XLD) — a community-driven token by Xcellab Ecosystem launches at LATOKEN Exchange!

If you missed-out investing during IEO on LATOKEN Exchange, between 25th November 2021- 30th November 2021, now is the time. You can buy/sell and hold XLD-a BEP-20 token on Binance Smart Chain that provides users with the best utility and excellent returns on investments.

The XLD/USDT trading pair is getting listed at LATOKEN Exchange from 7th December 2021.The trading pair is available for trading at $0.50.

Listing date/time- 7th December, 11 UTC

Exchange XLAB/USDT Trading link : Trade here

Built for Change — Adopt your very first crypto

XcelDefi (XLD) is a novel token on Binance Smart Chain created with an intention to restructure the traditional financial ecosystem.

XLD is built on the principles of — safety, transparency, efficiency and decentralization.

Lowering barriers to entry, XLD is a one of a kind utility token, which is making Defi accessible to all. Newcomers to the world of cryptocurrency, seeking to join the world of Decentralised finance industry, can make most out of DeFi investment with XLD token. XLD is easily accessible, and investment in XLD is now made easier with its newest listing on LATOKEN.

Join XcelDefi crypto community

XcelDefi is built on a principle belief that crypto projects without strong community and effective use-cases have no meaning.

That’s why XcelDefi (XLD) token is the governance token of Xcellab Ecosystem. XcelDefi-the next generation, BEP-20 token is supported by automated smart contracts. Users 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. XLD holders can therefore use XcelDefi (XLD) to shape Xcellab Ecosystem’s future by voting for Xcellab Ecosystem’s project changes and amendments.

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 its overall crypto usability. Users can avoid confusing crypto addresses, and are empowered to use intelligible usernames via its decentralised wallet- XcelPay Wallet, for sending and receiving of XLD tokens and other cryptos.

Become a part of fostering the crypto-community with XcelDefi. 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.

Apart from our immediate community, 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 track live price movement of XcelDefi (XLD) on CoinGecko.

Make most of your cryptos

XLD is a native token of Xcellab Ecosystem which is bringing together the world of decentralized travel, finance and investment together under one umbrella.

There is a lot that one can do with XcelDefi (XLD) tokens.

Book hotels and flights and Travel the world!

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

Participate in the Liquidity pool and Yield farming and earn token rewards

Using XcelDefi (XLD) and XLD trading pairs, XLD holders can participate in DEX liquidity programs.

XLD users can engage in the liquidity pool, yield farming, and staking programs, in doing so, XcelDefi holders can earn more and gain better rewards on decentralised automated market maker XcelSwap- a DEX by Xcellab Ecosystem.

XLD holders can participate in the XcelSwap liquidity pool and become a liquidity provider, and win tokens as rewards. When an investor contributes by providing liquidity to a certain Liquidity Pool (LP), they get LP tokens in reward.

There are 1,44000 daily minted tokens everyday which are shared based on the liquidity to the contributors.Contributors can use these LP Tokens to Farm and earn more returns. DEX-XcelSwap also provides XLD (governance token of XcelSwap) and a certain percent of the trading fees to the investors who stake LP tokens on XcelSwap.

Additionally, users can farm Xceldefi for a certain time period and earn XcelDefi as a reward.Additionally, by contributing to liquidity pool, liquidity providers can also Earn upto 600% Annual percentage yield (APY) on various farm using LP tokens on XcelSwap.

Crypto on the Go!

XcelDefi holders can send, receive, trade and store their cryptos on decentralised cryptocurrency wallet XcelPay Wallet. Download XcelPay Wallet on your android and iOs devices. Use XLD to top-up over 990 mobile carrier service in 190+ countries and buy gift cards directly from XcelPay Wallet app.

Aspiring crypto enthusiasts can download XcelPay Wallet to claim their very first crypto in XLD.

XLD Tokenomics

XcelDefi will be dynamically minted upto Maximum supply of 277 million
Emission rate

· XcelDefi will be dynamically minted upto Maximum supply
.Daily Block in BSC : 28800 (max)
· Per block: 10 XLD
· Burn: 50% per block
· Daily total mint: 288000
· Daily burn: 144000
· Daily Effective Mint: 144000

In addition to the above, a dynamic amount of XLD is also minted to the Dev address at a rate of 9.09%. This means that if 100 XLD are harvested, then 9.09 XLD is minted in addition and sent to the Dev Address.

However, all XLD minted to the Dev address is burned in the weekly bur, and never enters circulation. As such, we have not included it in the above emission rate.

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

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