Nimbus’ Smart LP NFT is a pioneer in its true sense, the first NFT yield-generating NFT in DeFi.

How was it created?

Two main elements were essential in creating the Smart LP NFT:
⚗️ First, the amazing technology behind non-fungible tokens and blockchain in general. Despite its massive potential, this innovative tech’s usage was limited to jpegs and collectibles. We leverage the same tech to forge a new functionality that creates real value, even generating diversified rewards for its holders!

🏗The other essential element was the team’s extensive background in finances. TradFi is a great source of inspiration for developing products in DeFi because many of those principles can be applied and adapted if necessary.

What did the team rely on when developing it?

So we took a concept we created in TradFi 20 years ago and brought it to DeFi. The 🧺 basket concept allowed us to batch orders to get lower fees and faster executions.

What makes it so unique?
✅Combined with the NFT tech, it allows participants supplying the assets to execute across multiple yield-bearing instruments.
✅Smart LP NFT eases transaction execution, reducing it to one click, and providing users with meager fees for accessing three yield-bearing instruments.
✅On top of that, you can sell your NFT and redeem your assets.

Smart LP NFT is available here👇
https://link.nimbusplatform.io/r86

Hey, Nimbus Community👋

⚙️ Important tech update:

The P2P dApp will be temporarily unavailable, so we ask for your patience for about two weeks.

🏗This is because we’re currently adding support for Nimbus n-NFT tokens on the P2P dApp.
🏗 It’s also because the P2P for NFT functionality is under audit right now.

Once the audit is completed and everything is set to go, we will launch it.

Stay tuned, as we will share an update as soon as the deployment is complete and the functionality is live again!

Keep an eye on this link 👇
https://link.nimbusplatform.io/zgz

We appreciate your patience and understanding 🙏

Hey, Nimbus Community👋

Inflation and deflation are important concepts in finance and also in the crypto field. A token’s value is connected to its supply as well as to the demand.
So in today’s glossary, we’ll cover an important token model: The Deflationary Token.

Read along to see what its mechanism is and what advantages it brings.

If the token supply decreases instead of increasing through excessive mining, the value of that token will rise as long as the demand remains steady. So deflation may be bad in TradFi, but deflationary tokens are beneficial in crypto.

How to keep a token deflationary?
There are different approaches that projects can take. They usually remove tokens from the market through buy-backs and token burns.
Some exchanges destroy some of their tokens; others turn to bank-like inflationary and deflationary measures to keep their tokens at the desired value. Lowering mining rewards can be another strategy.

Key aspects of deflationary tokens:
- Supply is lower than demand.
- The limited availability leads to higher purchasing power
- Inflationary tokens can become deflationary by fixing a particular cap or supply, but the other way around isn’t possible
- Their value increases over time if there is a demand

NIMB is a perfect example of a completely deflationary token because we don’t place more tokens than the market demands. The mint function is limited by the total supply of 10B tokens, but we only call the MINT function when more liquidity needs to be added to the initial acquisition.
You can get more information on the NIMB token 👉 Here!

Given all that is happening, is crypto STILL the future?

❤️ Yes
🔥 Yes

Learning and pushing crypto adoption is not easy, but it's a must ☝️

The hottest crypto happenings for Oct, 19 💥

📌 Turkey taps blockchain for e-Human project.

📌 Jack Dorsey unveils decentralized social.

📌 Japanese regulators loosen crypto laws and make it easier to list coins.

📌 Brazil's Nubank to introduce cryptocurrency as part of rewards program.

📌 Shoppers in India can now order sneakers in the metaverse for a week.

TOP tips for bear markets from Nimbus:

✅ Avoid panic, FUD, and FOMO
✅ Don't rush
✅ Know your timeframe
✅ Adjust for volatility
✅ Zoom out for historical context
✅ Plan ahead

Like❤️ if you stick to them

Hey, Nimbus Community👋

We are glad to officially announce the name of the new Nimbus Governance Token.

With collective brainstorming sessions between the Nimbus Team and the community, we're proud to introduce - ✨Nimbus_DAO✨

Next step:
You have the opportunity to wield the power of Nimbus_DAO, even if you're not a holder yet! 👀

How?👇

The hottest crypto happenings for Oct, 20 💥

📌 Fidelity’s to add ether trading for institutional clients.

📌 German online bank N26 to launch crypto trading in Austria.

📌 Crypto becomes an approved financial product in South Africa.

📌 Indian cricket legend Sachin Tendulkar enters the world of NFTs.

Hey, Nimbus Community👋

Have you tried the Nimbus Multisender yet?

If not, let's go over it together.

The Multisender is a tool that we have been using internally at Nimbus, and it has brought us significant transaction efficiency. So we decided to share it with you!

What does it do?
Quick distribution of tokens to different wallets - it batches multiple transactions into one.
So you can use it for any recurring payments you need to make, simplifying the process and turning annoying excels directly into transactions.

Benefits:
✅ Saves time and energy
✅ Saves a significant amount of gas fees

The Nimbus Multisender V2.0 supports 10 new tokens on BSC Mainnet and 9 new tokens on the ETH Mainnet!

Just a few simple steps:
✓Upload the addresses in CSV format
✓ Select a token for the transactions
✓Select the network
✓Send & confirm

As you can see, it's a very simple and useful tool that any company can use for monthly payments.

Check it out and let us know what you think👇
https://link.nimbusplatform.io/vc5