XcelDefi is a Blockchain Financial
Hello all my friends! on this occasion I will provide interesting information about the interesting XcelDefi project Let's see the review below: https://xceldefi.com/I NTRODUCTION Decentralized finance, also known as DeFi, was introduced as a concept to replace the prevalent traditional finance model. Fast forward to today, and DeFi has evolved from a concept introduced to the world with the advent of bitcoin to one of the fastest growing ecosystems and the biggest market disruptor in human history. According to a CoinMarketCap report from May 2021, the DeFi industry currently has a market cap of $150 billion. This is no small feat considering the DeFi economy only had a market Cap of $1 billion in 2019, implying that the industry grew by more than 149x in two years. Furthermore, DeFi has shown tremendous potential to overtake traditional finance, with an influx of practical applications constantly flooding the space. Despite DeFi’s tremendous and extraordinary growth, there is st