Syncord | Official News Channel
4.52K subscribers
919 photos
38 videos
10 files
809 links
Syncord is a DAO-governed platform that offers earning strategies for users boosted by multiple layers of risk-management. Receive rewards from IPO participation, Lending & Borrowing, and more in one spot.
Download Telegram
Today is the best day to start your journey in DeFi, where everybody has equal opportunities to fulfill their goals.๐Ÿš€

๐Ÿ‘‰Join us: https://link.nimbusplatform.io/guf
๐Ÿ‘5๐Ÿ”ฅ1๐Ÿ‘1
The hottest crypto happenings for Oct, 31 ๐Ÿ’ฅ

๐Ÿ“Œ Thailand and Hungary to jointly explore blockchain tech.

๐Ÿ“Œ The 9-paged Bitcoin Whitepaper turns 14 years old today.

๐Ÿ“Œ India plans to launch the digital rupee.

๐Ÿ“Œ Binance CEO says he wants to help Elon Musk bring Twitter into Web3.
๐Ÿ‘7๐Ÿ‘2๐Ÿ”ฅ1
Online scams and phishing websites are becoming a go-to method for malicious parties, especially on social media.

๐Ÿ”๐Ÿ”ŽLearn how to avoid falling victim to phishing scams and spam with these tips ๐Ÿ‘‡
๐Ÿ‘7๐Ÿ‘Œ2๐Ÿคฃ2๐Ÿ”ฅ1
The hottest crypto happenings for Nov, 1 ๐Ÿ’ฅ

๐Ÿ“Œ Crypto.com to issue its own crypto Visa card in Singapore.

๐Ÿ“Œ South Korean regulators aim to toughen crypto fraud punishments.

๐Ÿ“Œ South African supermarket chain Pick n Pay now accepts Bitcoin payments.

๐Ÿ“Œ NBA superstar Stephen Curry to introduce his own version of the Metaverse.

Put ๐Ÿ”ฅ if you like today's news
๐Ÿ‘4โค2๐Ÿ”ฅ2
If you could choose one pill, which one would you pick? ๐Ÿ‘€

Share your choice in the comments๐Ÿ‘‡
๐Ÿ‘4๐Ÿ˜1
Hey, Nimbus Community๐Ÿ‘‹

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, hereโ€™s a quick tip๐Ÿ‘‡

These are the dApps that GNIMB will be implemented in:
โœ… Swap machine
โœ… LP Staking
โœ… NFT Smart LP
โœ… NFT Smart Staker
โœ… 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.
โคโ€๐Ÿ”ฅ15๐Ÿ‘3๐Ÿ˜1
#crypto, #DeFi, and #NFT are all here to stay ๐Ÿ™Œ

Likeโค๏ธ if you agree
โค12
3 reasons why @nmbplatform should be your go-to DeFi access point:

โœ…Get started in a few clicks - pick a strategy, deposit a token, & go!
โœ…Earn up to 60% APR yield with Smart Staker NFT
โœ…More rewards even after the staking period has ended on AP 4.1

https://nimbusplatform.io/b
๐Ÿ‘4๐Ÿ‘3๐Ÿ”ฅ1
๐Ÿ‘‹Hey 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 Burn๐Ÿ‘‡
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?
โœ…Inflationary token economic models can lead to devaluation of the token by flooding the supply with new token emissions.
โœ…This step is a key part of our strategy to support the Nimbus tokenโ€™s value in the long run, along with tranching of the refactored NBU tokens, a.k.a the NIMB.
โœ…By burning NBU tokens periodically, Nimbusโ€™s 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 youโ€™re new to Nimbus & curious about the NIMB/NBU token, refer to the article๐Ÿ‘‰ HERE!
๐Ÿ‘10๐Ÿ”ฅ5๐Ÿคฃ2๐Ÿ‘1
The hottest crypto happenings for Nov, 3 ๐Ÿ’ฅ

๐Ÿ“Œ JP Morgan executes first DeFi trade on public blockchain.

๐Ÿ“Œ Meta to bring NFT minting and trading to Instagram.

๐Ÿ“Œ Mastercard is welcoming seven new startups into its global startup engagement program, Mastercard Start Path.

๐Ÿ“Œ Fidelity to open commission-free crypto trading to retail investors.

๐Ÿ“Œ Digital asset platform Bakkt Holdings to acquire Apex Crypto for up to $200M.
โค3๐Ÿ‘1๐Ÿ”ฅ1๐Ÿ‘1
This media is not supported in your browser
VIEW IN TELEGRAM
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
๐Ÿ”ฅ6โค2๐Ÿ‘1๐Ÿคฉ1
๐ŸŽ‰๐Ÿ™Œ Ready to know who are the winners of our #ContestFriday?

๐Ÿฅณ Meet the luัky ones who'll get $20 in NBU:

๐Ÿ‘‰ https://twitter.com/nmbplatform/status/1588554776375332864

Thanks for participating everyone!
โค2
The hottest crypto happenings for Nov, 4 ๐Ÿ’ฅ

๐Ÿ“Œ Canada to examine crypto, stablecoins and CBDCs in new budget.

๐Ÿ“Œ Binance now supports Mastercard credit or debit cards in Sell-Crypto-for-Fiat feature.

๐Ÿ“Œ Swiss investment bank UBS AG launches digital bond settled on blockchain and traditional exchanges.

๐Ÿ“Œ EU vote on MiCA crypto legislation delayed until February.
๐Ÿ‘4โค3๐Ÿ”ฅ3๐Ÿ‘2
Which emoji describes your crypto journey so far?

๐Ÿ˜ดBuy & hodl
๐ŸคฏPanic Selling

none of the above?
Show the emoji that best describes your journey in the comments๐Ÿ‘‡
Crypto superpowers every degen user has๐Ÿฆธโ€โ™‚๏ธ

๐Ÿ‘Staying calm
๐Ÿ‘Managing risk
๐Ÿ‘Thinking long-term
๐Ÿ‘Mastering emotions
๐Ÿ‘Overcoming failures
๐Ÿ‘Thinking in probabilities

Which one do you possess? ๐Ÿ‘‡
๐Ÿ‘7๐Ÿค”1๐Ÿคฏ1
Be careful! Being DeFi can be addictive๐ŸŽฏ

$NBU
โšก8
Though crypto adoption slowed worldwide, it remains above pre-bull market levelsโ˜๏ธ

Likeโค๏ธ if you agree bear markets canโ€™t wipe out bull market๐Ÿฎ adoption๐Ÿš€

Source: @chainalysis
โค8๐Ÿคฉ1๐Ÿ’ฏ1
The hottest crypto happenings for Nov, 7 ๐Ÿ’ฅ

๐Ÿ“Œ Vitalik Buterin reveals a new phase in the Ethereum roadmap: The Scourge.

๐Ÿ“Œ The Chinese city of Wuhan plans to support metaverse and NFTs.

๐Ÿ“Œ LG Electronics seeks Web3 talent for blockchain.

๐Ÿ“Œ FIFA World Cup 2022 is expected to give massive boost for crypto adoption.

๐Ÿ“Œ Google signals major crypto push with Ethereum and Solana support.
โค4๐Ÿ‘Œ3๐Ÿ‘2
The hottest crypto happenings for Nov, 8 ๐Ÿ’ฅ

๐Ÿ“Œ Japanโ€™s largest mobile operator to establish Web3 consortium.

๐Ÿ“Œ Crypto players can benefit from MiCA legislation.

๐Ÿ“Œ Binance CEO announces intent to acquire FTX to โ€˜help cover the liquidity crunchโ€™.

๐Ÿ“Œ German financial regulator orders Coinbase to address risk management after discovering deficiencies.
๐Ÿ‘5๐Ÿ”ฅ1