Xcel Swap

XcelSwap is an essential component of the XcelDeFi ecosystem, which is a multi-sector ecosystem. XcelSwap aspires to be a forerunner in the next generation of decentralised exchanges by lowering the entry barrier and making DeFi accessible to all. The current issues with DeFi are related to the complexity of the user interface and operability of the majority of DeFi products, which has proven to be quite tricky for new users due to the poor user experience whenever they try to transact on said platforms.

XcelSwap would solve this by providing a clean and straightforward user interface, lowering the threshold to accommodate non-technical people, and providing the DeFi community with a fantastic user experience and access to premium DeFi services such as staking and yield farming.

XcelSwap has some distinguishing features that set it apart from other decentralised exchanges, which include:

• Staking Period: XcelSwap's staking mechanics were designed with simplicity in mind, and their staking protocol allows for as little as a 72-hour minimum staking period, which is relatively novel in the industry, given that the majority of decentralised exchanges set their minimum staking period as high as 14 days.
• Governance Model: With the help of its governance token, $XLD, XcelSwap would be fully decentralised and promote an active user governance model. Holders of $XLD would be able to vote on XcelSwap's future business operations and would be assigned voting rights based on their holdings.
• Built on BSC: XcelSwap is built on Binance Smart Chain, one of the cryptocurrency industry's fastest and most scalable blockchains. Binance smart chain is well-known for its low transaction fees, quick processing time, and high throughput, providing XcelSwap platform users with an efficient and fantastic trading service.