Today is the best day to start your journey in DeFi, where everybody has equal opportunities to fulfill their goals.๐
๐Join us: https://link.nimbusplatform.io/guf
๐Join us: https://link.nimbusplatform.io/guf
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The hottest crypto happenings for Oct, 31 ๐ฅ
๐ Thailand and Hungary to jointly explore blockchain tech.
๐ The 9-paged Bitcoin Whitepaper turns 14 years old today.
๐ India plans to launch the digital rupee.
๐ Binance CEO says he wants to help Elon Musk bring Twitter into Web3.
๐ Thailand and Hungary to jointly explore blockchain tech.
๐ The 9-paged Bitcoin Whitepaper turns 14 years old today.
๐ India plans to launch the digital rupee.
๐ Binance CEO says he wants to help Elon Musk bring Twitter into Web3.
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The hottest crypto happenings for Nov, 1 ๐ฅ
๐ Crypto.com to issue its own crypto Visa card in Singapore.
๐ South Korean regulators aim to toughen crypto fraud punishments.
๐ South African supermarket chain Pick n Pay now accepts Bitcoin payments.
๐ NBA superstar Stephen Curry to introduce his own version of the Metaverse.
Put ๐ฅ if you like today's news
๐ Crypto.com to issue its own crypto Visa card in Singapore.
๐ South Korean regulators aim to toughen crypto fraud punishments.
๐ South African supermarket chain Pick n Pay now accepts Bitcoin payments.
๐ NBA superstar Stephen Curry to introduce his own version of the Metaverse.
Put ๐ฅ if you like today's news
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Hey, Nimbus Community๐
The word is already out about our new governance token.
However, a majority of our community members are not so keen about representing the token using the ticker - Nimbus_DAO
Since your thoughts are key in Nimbus's development, we decided to heed to the consensus and re-name the new governance token as - GNIMB!
The new token symbol shares synergy with the new Nimbus native token - NIMB, and is much more standardized according to industry standards!
We appreciate your valuable feedback that helped establish a more optimal representation for the upcoming token!
If you're new to Nimbus and trying to catch up with the new tokenomics, here's a quick explainer on-
Why did we refactor the GNBU token contracts?
Because it will enhance Nimbusโ governance process by enabling equal participation for all key DAO participants. We will keep updating you on the details of the launch and on how the transition will actually happen.
For now, hereโs a quick tip๐
These are the dApps that GNIMB will be implemented in:
โ Swap machine
โ LP Staking
โ NFT Smart LP
โ NFT Smart Staker
โ Soft & Hard Staking
We have less than a month until the launch. So stand by for more updates coming your way. Rest assured that we are making all the efforts to make this a smooth process with no inconvenience on your part.
The word is already out about our new governance token.
However, a majority of our community members are not so keen about representing the token using the ticker - Nimbus_DAO
Since your thoughts are key in Nimbus's development, we decided to heed to the consensus and re-name the new governance token as - GNIMB!
The new token symbol shares synergy with the new Nimbus native token - NIMB, and is much more standardized according to industry standards!
We appreciate your valuable feedback that helped establish a more optimal representation for the upcoming token!
If you're new to Nimbus and trying to catch up with the new tokenomics, here's a quick explainer on-
Why did we refactor the GNBU token contracts?
Because it will enhance Nimbusโ governance process by enabling equal participation for all key DAO participants. We will keep updating you on the details of the launch and on how the transition will actually happen.
For now, hereโs a quick tip๐
These are the dApps that GNIMB will be implemented in:
โ Swap machine
โ LP Staking
โ NFT Smart LP
โ NFT Smart Staker
โ Soft & Hard Staking
We have less than a month until the launch. So stand by for more updates coming your way. Rest assured that we are making all the efforts to make this a smooth process with no inconvenience on your part.
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โค12
3 reasons why @nmbplatform should be your go-to DeFi access point:
โ Get started in a few clicks - pick a strategy, deposit a token, & go!
โ Earn up to 60% APR yield with Smart Staker NFT
โ More rewards even after the staking period has ended on AP 4.1
https://nimbusplatform.io/b
โ Get started in a few clicks - pick a strategy, deposit a token, & go!
โ Earn up to 60% APR yield with Smart Staker NFT
โ More rewards even after the staking period has ended on AP 4.1
https://nimbusplatform.io/b
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๐Hey Nimbus Community,
As part of new utility token transition process - 28,349,462 NBU tokens were burned on Nov 1st, 08:35:33 PM +UTC.
Proof of Burn๐
https://bscscan.com/tx/0xae3bffe7c7149d2165eb89eacce58c14f4cfd54add6e04e40526353c32026b7b
What does this mean?
It means that 28,349,462 of NBU tokens have been reduced from the circulating supply.
Why burn NBU tokens?
โ Inflationary token economic models can lead to devaluation of the token by flooding the supply with new token emissions.
โ This step is a key part of our strategy to support the Nimbus tokenโs value in the long run, along with tranching of the refactored NBU tokens, a.k.a the NIMB.
โ By burning NBU tokens periodically, Nimbusโs tokens avoid the downside of inflationary token economics and the dilution of token holdersโ shares by reducing the number of tokens in the circulating supply.
Future burning plan:
Each month the number of tokens will be burnt until all NBU tokens are burnt. So far, a total of 79,454,731 NBU tokens have been burnt. The cycle will continue every month until NIMB tokens becomes the only native/utility tokens of the Nimbus Platform.
If youโre new to Nimbus & curious about the NIMB/NBU token, refer to the article๐ HERE!
As part of new utility token transition process - 28,349,462 NBU tokens were burned on Nov 1st, 08:35:33 PM +UTC.
Proof of Burn๐
https://bscscan.com/tx/0xae3bffe7c7149d2165eb89eacce58c14f4cfd54add6e04e40526353c32026b7b
What does this mean?
It means that 28,349,462 of NBU tokens have been reduced from the circulating supply.
Why burn NBU tokens?
โ Inflationary token economic models can lead to devaluation of the token by flooding the supply with new token emissions.
โ This step is a key part of our strategy to support the Nimbus tokenโs value in the long run, along with tranching of the refactored NBU tokens, a.k.a the NIMB.
โ By burning NBU tokens periodically, Nimbusโs tokens avoid the downside of inflationary token economics and the dilution of token holdersโ shares by reducing the number of tokens in the circulating supply.
Future burning plan:
Each month the number of tokens will be burnt until all NBU tokens are burnt. So far, a total of 79,454,731 NBU tokens have been burnt. The cycle will continue every month until NIMB tokens becomes the only native/utility tokens of the Nimbus Platform.
If youโre new to Nimbus & curious about the NIMB/NBU token, refer to the article๐ HERE!
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The hottest crypto happenings for Nov, 3 ๐ฅ
๐ JP Morgan executes first DeFi trade on public blockchain.
๐ Meta to bring NFT minting and trading to Instagram.
๐ Mastercard is welcoming seven new startups into its global startup engagement program, Mastercard Start Path.
๐ Fidelity to open commission-free crypto trading to retail investors.
๐ Digital asset platform Bakkt Holdings to acquire Apex Crypto for up to $200M.
๐ JP Morgan executes first DeFi trade on public blockchain.
๐ Meta to bring NFT minting and trading to Instagram.
๐ Mastercard is welcoming seven new startups into its global startup engagement program, Mastercard Start Path.
๐ Fidelity to open commission-free crypto trading to retail investors.
๐ Digital asset platform Bakkt Holdings to acquire Apex Crypto for up to $200M.
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Don`t forget to visit and subscribe to our YouTube channel, where you can find:
โญ๏ธ All episodes of Nimbus Academy
โญ๏ธ Guides on how to easily interact with the Platform
โญ๏ธ Panel discussions and Live speeches from Nimbus Team
https://www.youtube.com/c/NimbusPlatformChannel
โญ๏ธ All episodes of Nimbus Academy
โญ๏ธ Guides on how to easily interact with the Platform
โญ๏ธ Panel discussions and Live speeches from Nimbus Team
https://www.youtube.com/c/NimbusPlatformChannel
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๐๐ Ready to know who are the winners of our #ContestFriday?
๐ฅณ Meet the luัky ones who'll get $20 in NBU:
๐ https://twitter.com/nmbplatform/status/1588554776375332864
Thanks for participating everyone!
๐ฅณ Meet the luัky ones who'll get $20 in NBU:
๐ https://twitter.com/nmbplatform/status/1588554776375332864
Thanks for participating everyone!
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The hottest crypto happenings for Nov, 4 ๐ฅ
๐ Canada to examine crypto, stablecoins and CBDCs in new budget.
๐ Binance now supports Mastercard credit or debit cards in Sell-Crypto-for-Fiat feature.
๐ Swiss investment bank UBS AG launches digital bond settled on blockchain and traditional exchanges.
๐ EU vote on MiCA crypto legislation delayed until February.
๐ Canada to examine crypto, stablecoins and CBDCs in new budget.
๐ Binance now supports Mastercard credit or debit cards in Sell-Crypto-for-Fiat feature.
๐ Swiss investment bank UBS AG launches digital bond settled on blockchain and traditional exchanges.
๐ EU vote on MiCA crypto legislation delayed until February.
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Which emoji describes your crypto journey so far?
๐ดBuy & hodl
๐คฏPanic Selling
none of the above?
Show the emoji that best describes your journey in the comments๐
๐ดBuy & hodl
๐คฏPanic Selling
none of the above?
Show the emoji that best describes your journey in the comments๐
Crypto superpowers every degen user has๐ฆธโโ๏ธ
๐Staying calm
๐Managing risk
๐Thinking long-term
๐Mastering emotions
๐Overcoming failures
๐Thinking in probabilities
Which one do you possess? ๐
๐Staying calm
๐Managing risk
๐Thinking long-term
๐Mastering emotions
๐Overcoming failures
๐Thinking in probabilities
Which one do you possess? ๐
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Which sector do you interact with the most in #crypto?
Anonymous Poll
71%
๐ DeFi
11%
๐คฉ NFT
5%
๐ฅ Games
14%
โค๏ธ All at once
Though crypto adoption slowed worldwide, it remains above pre-bull market levelsโ๏ธ
Likeโค๏ธ if you agree bear markets canโt wipe out bull market๐ฎ adoption๐
Source: @chainalysis
Likeโค๏ธ if you agree bear markets canโt wipe out bull market๐ฎ adoption๐
Source: @chainalysis
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The hottest crypto happenings for Nov, 7 ๐ฅ
๐ Vitalik Buterin reveals a new phase in the Ethereum roadmap: The Scourge.
๐ The Chinese city of Wuhan plans to support metaverse and NFTs.
๐ LG Electronics seeks Web3 talent for blockchain.
๐ FIFA World Cup 2022 is expected to give massive boost for crypto adoption.
๐ Google signals major crypto push with Ethereum and Solana support.
๐ Vitalik Buterin reveals a new phase in the Ethereum roadmap: The Scourge.
๐ The Chinese city of Wuhan plans to support metaverse and NFTs.
๐ LG Electronics seeks Web3 talent for blockchain.
๐ FIFA World Cup 2022 is expected to give massive boost for crypto adoption.
๐ Google signals major crypto push with Ethereum and Solana support.
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What motivates you to become a part of a community?
Anonymous Poll
23%
๐ To learn from others
15%
๐คฉ To be a part of smth bigger
19%
๐ฅ Share knowledge
44%
โค๏ธ Financial opportunity
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The hottest crypto happenings for Nov, 8 ๐ฅ
๐ Japanโs largest mobile operator to establish Web3 consortium.
๐ Crypto players can benefit from MiCA legislation.
๐ Binance CEO announces intent to acquire FTX to โhelp cover the liquidity crunchโ.
๐ German financial regulator orders Coinbase to address risk management after discovering deficiencies.
๐ Japanโs largest mobile operator to establish Web3 consortium.
๐ Crypto players can benefit from MiCA legislation.
๐ Binance CEO announces intent to acquire FTX to โhelp cover the liquidity crunchโ.
๐ German financial regulator orders Coinbase to address risk management after discovering deficiencies.
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