3 reasons why @nmbplatform should be your go-to DeFi access point:

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

https://nimbusplatform.io/b

👋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 Burn👇
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?
✅Inflationary token economic models can lead to devaluation of the token by flooding the supply with new token emissions.
✅This step is a key part of our strategy to support the Nimbus token’s value in the long run, along with tranching of the refactored NBU tokens, a.k.a the NIMB.
✅By burning NBU tokens periodically, Nimbus’s tokens avoid the downside of inflationary token economics and the dilution of token holders’ 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 you’re new to Nimbus & curious about the NIMB/NBU token, refer to the article👉 HERE!

The hottest crypto happenings for Nov, 3 💥

📌 JP Morgan executes first DeFi trade on public blockchain.

📌 Meta to bring NFT minting and trading to Instagram.

📌 Mastercard is welcoming seven new startups into its global startup engagement program, Mastercard Start Path.

📌 Fidelity to open commission-free crypto trading to retail investors.

📌 Digital asset platform Bakkt Holdings to acquire Apex Crypto for up to $200M.

Don`t forget to visit and subscribe to our YouTube channel, where you can find:

⭐️ All episodes of Nimbus Academy
⭐️ Guides on how to easily interact with the Platform
⭐️ Panel discussions and Live speeches from Nimbus Team

https://www.youtube.com/c/NimbusPlatformChannel

🎉🙌 Ready to know who are the winners of our #ContestFriday?

🥳 Meet the luсky ones who'll get $20 in NBU:

👉 https://twitter.com/nmbplatform/status/1588554776375332864

Thanks for participating everyone!

The hottest crypto happenings for Nov, 4 💥

📌 Canada to examine crypto, stablecoins and CBDCs in new budget.

📌 Binance now supports Mastercard credit or debit cards in Sell-Crypto-for-Fiat feature.

📌 Swiss investment bank UBS AG launches digital bond settled on blockchain and traditional exchanges.

📌 EU vote on MiCA crypto legislation delayed until February.

Which emoji describes your crypto journey so far?

😴Buy & hodl
🤯Panic Selling

none of the above?
Show the emoji that best describes your journey in the comments👇

Crypto superpowers every degen user has🦸‍♂️

👏Staying calm
👏Managing risk
👏Thinking long-term
👏Mastering emotions
👏Overcoming failures
👏Thinking in probabilities

Which one do you possess? 👇

Be careful! Being DeFi can be addictive🎯

$NBU

Though crypto adoption slowed worldwide, it remains above pre-bull market levels☝️

Like❤️ if you agree bear markets can’t wipe out bull market🐮 adoption🚀

Source: @chainalysis

The hottest crypto happenings for Nov, 7 💥

📌 Vitalik Buterin reveals a new phase in the Ethereum roadmap: The Scourge.

📌 The Chinese city of Wuhan plans to support metaverse and NFTs.

📌 LG Electronics seeks Web3 talent for blockchain.

📌 FIFA World Cup 2022 is expected to give massive boost for crypto adoption.

📌 Google signals major crypto push with Ethereum and Solana support.

The hottest crypto happenings for Nov, 8 💥

📌 Japan’s largest mobile operator to establish Web3 consortium.

📌 Crypto players can benefit from MiCA legislation.

📌 Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’.

📌 German financial regulator orders Coinbase to address risk management after discovering deficiencies.

Hey Nimbus Community👋

Today’s glossary covers a method that makes your activity much easier, especially when dealing with a high volume of transactions: Transaction Batching.

Let’s see how it works and what the advantages are for the user.

Batching transactions first appeared in traditional finance, but it’s also extremely useful in crypto. It means transactions are grouped and processed as a batch instead of one at a time.

Advantages of transaction batching

Transaction batching means
✓ Less time
✓ Lower costs
✓ Less block space used
✓ No intervention once they are batched

So when you have numerous payments to make to various people regularly, transaction batching is the ideal solution. You can group them and send them at once as one transaction!

Nimbus Multisender is the perfect example– it allows quick distribution of tokens to different wallets by batching multiple transactions into one.

As for the supported tokens, the Nimbus Multisender V2.0 supports 10 new tokens on BSC Mainnet and 9 new tokens on the ETH mainnet!

Check the Platform to see how you can use Nimbus Multisender for bulk cryptocurrency transfers👉 Here!

👋Hey Nimbus Community,

The GNIMB token’s launch is T-minus 5 days away.

How we’re making the GNBU -> GNIMB transition seamless for you?

Using the handy Nimbus Converter tool & the Nimbus Swap!

✅Transition from GNBU to GNIMB using the Converter tool:

We will deploy the Nimbus Converter tool along with the GNIMB launch (i.e. Nov. 16th).
Using the Converter tool, GNBU holders can change their GNBU tokens to GNIMB tokens at a 1:1 exchange rate (i.e. 1GNBU = 1GNIMB).
Please note that the Converter executes operations only in one direction GNBU to GNIMB. Opposite operation is not available.

✅Getting new GNIMB tokens via Nimbus Swap machine:

We will deploy a new pair GNIMB/BNB at the time of the governance token’s launch (i.e. Nov. 16th)
Using the Swap tool, anyone who has BNB can change them to GNIMB tokens. Support for more assets will be added shortly after.

Didn’t catch the process very well? Not much of a reader?

We’ve got you! Refer to the infographic above to follow the Convertor & Nimbus Swap logic👆

For any queries on GNIMB, the launch, or the transition process, you can reach out to us on Nimbus Telegram Chat or Discord.