Hey Nimbus community,
One of the biggest Nimbus’s launch for Q4, 2022 is definitely the launch of new Governance token “GNIMB”, which is scheduled for November 16th!
And we bet you’ve got questions!
In the next 7 days, we will help you get on top of the GNIMB token: its launch, its use cases, tokenomics & how the GNIMB will be implemented within the Nimbus ecosystem
What is the GNIMB token?
✅GNIMB is the new governance token of the Nimbus Platform!
✅GNIMB is launched to improve the governance process of the Platform. It is with a refactored contract of the GNBU token
✅GNIMB will fully replace GNBU after the end of the transition period
✅GNIMB total supply is 100,000,000 tokens.
Check the cards to get more info 👉🏻
One of the biggest Nimbus’s launch for Q4, 2022 is definitely the launch of new Governance token “GNIMB”, which is scheduled for November 16th!
And we bet you’ve got questions!
In the next 7 days, we will help you get on top of the GNIMB token: its launch, its use cases, tokenomics & how the GNIMB will be implemented within the Nimbus ecosystem
What is the GNIMB token?
✅GNIMB is the new governance token of the Nimbus Platform!
✅GNIMB is launched to improve the governance process of the Platform. It is with a refactored contract of the GNBU token
✅GNIMB will fully replace GNBU after the end of the transition period
✅GNIMB total supply is 100,000,000 tokens.
Check the cards to get more info 👉🏻
👍9🔥4
👋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.
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.
👍8❤🔥2🔥1🤩1
The hottest crypto happenings for Nov, 10 💥
📌 Twitter has applied to become a money service business.
📌 EU lawmakers vote stronger cyber protection for crypto.
📌 Latin America's largest bank partners with Galaxy to introduce crypto ETFs.
📌 U.S. may strengthen crypto laws after FTX debacle prompts industry to call for clearer regulation.
📌 Binance adds support for credit/debit card payments via Apple Pay and Google Pay.
📌 Twitter has applied to become a money service business.
📌 EU lawmakers vote stronger cyber protection for crypto.
📌 Latin America's largest bank partners with Galaxy to introduce crypto ETFs.
📌 U.S. may strengthen crypto laws after FTX debacle prompts industry to call for clearer regulation.
📌 Binance adds support for credit/debit card payments via Apple Pay and Google Pay.
👍6🔥1
👋Hey Nimbus Community,
We've fixed the GNBU voting bug concerning users who delegated their votes.
For complete transparency, we've prepared a report on:
◾️How was the bug addressed?
◾️What can users expect?
◾️What upgrades were made to the Nimbus DAO?
Read the full report 👉 Here!
We've fixed the GNBU voting bug concerning users who delegated their votes.
For complete transparency, we've prepared a report on:
◾️How was the bug addressed?
◾️What can users expect?
◾️What upgrades were made to the Nimbus DAO?
Read the full report 👉 Here!
🔥5👏1
👋Hey, Nimbus community,
We feel an update is necessary on TAKE IT NFT to paint an accurate and more detailed picture of the logic implemented in it.
1️⃣Let us remind you about the core mechanism of TAKE IT NFT.
User's staking balance—->Nimbus Platform——>Swap at exchange rate equal but not less than entry price + 10% of the entry amount ——>Users receive BUSD
The most important here is that TAKE IT NFT holder finally receives:
Minimum - the amount equal to his initial amount of assets + 10% bonus from this amount
Maximum - the final amount is not limited.
✅That's how it works and will work for TAKE IT holders in the Nimbus Affiliate Program
2️⃣Let us explain to you why the selling issue is crucial in this process.
In order to avoid big token price fluctuations and maintain liquidity at a high level, it's important to find the right moment to start the selling process.
Selling at the entry price doesn't mean selling all the users' tokens at the same time - everyone understands what this might lead to.
The selling process might be paused if we see that it might a threat to the project's sustainable development, but in the next good moment, this process will be continued and finally finished with selling all the tokens.
Moreover, we can't make any announcements before or during the token sell due to security matters. We should avoid attempts from traders and arbitrage bots working against the price growth.
3️⃣Let us tell you about the improvements in TAKE IT NFT.
We are now developing and improving the TAKE IT NFT dashboard in your personal cabinets. Soon, all TAKE IT NFT holders will be able to monitor the selling progress to understand how many tokens are left to be sold.
We value all your input, and we’re glad you are sending us all your thoughts and feedback. We want to reassure you that every step we take is towards making Nimbus as strong as possible for all of us.
You can reach out to us on Nimbus Telegram Chat or Discord for any queries.
We feel an update is necessary on TAKE IT NFT to paint an accurate and more detailed picture of the logic implemented in it.
1️⃣Let us remind you about the core mechanism of TAKE IT NFT.
User's staking balance—->Nimbus Platform——>Swap at exchange rate equal but not less than entry price + 10% of the entry amount ——>Users receive BUSD
The most important here is that TAKE IT NFT holder finally receives:
Minimum - the amount equal to his initial amount of assets + 10% bonus from this amount
Maximum - the final amount is not limited.
✅That's how it works and will work for TAKE IT holders in the Nimbus Affiliate Program
2️⃣Let us explain to you why the selling issue is crucial in this process.
In order to avoid big token price fluctuations and maintain liquidity at a high level, it's important to find the right moment to start the selling process.
Selling at the entry price doesn't mean selling all the users' tokens at the same time - everyone understands what this might lead to.
The selling process might be paused if we see that it might a threat to the project's sustainable development, but in the next good moment, this process will be continued and finally finished with selling all the tokens.
Moreover, we can't make any announcements before or during the token sell due to security matters. We should avoid attempts from traders and arbitrage bots working against the price growth.
3️⃣Let us tell you about the improvements in TAKE IT NFT.
We are now developing and improving the TAKE IT NFT dashboard in your personal cabinets. Soon, all TAKE IT NFT holders will be able to monitor the selling progress to understand how many tokens are left to be sold.
We value all your input, and we’re glad you are sending us all your thoughts and feedback. We want to reassure you that every step we take is towards making Nimbus as strong as possible for all of us.
You can reach out to us on Nimbus Telegram Chat or Discord for any queries.
👍3🤯1
The hottest crypto happenings for Nov, 11 💥
📌 New York Fed collaborates with Singapore MAS to explore CBDCs
📌 US senators commit to advancing crypto bill.
📌 Oil giant Shell makes move into Bitcoin mining industry.
📌 The Japanese tradfi giant Nomura is set to launch crypto trading platform.
📌 New York Fed collaborates with Singapore MAS to explore CBDCs
📌 US senators commit to advancing crypto bill.
📌 Oil giant Shell makes move into Bitcoin mining industry.
📌 The Japanese tradfi giant Nomura is set to launch crypto trading platform.
👍2
It's never too late!
At Nimbus, we make it easy for you to break into DeFi with one click-dApps, automated strategies, easy-to-follow guides & resources from the top minds, & more!
Start your journey now 👇
https://nimbusplatform.io
At Nimbus, we make it easy for you to break into DeFi with one click-dApps, automated strategies, easy-to-follow guides & resources from the top minds, & more!
Start your journey now 👇
https://nimbusplatform.io
👋Hey, Nimbus Community,
The GNIMB launch is just a few days away, so we continue telling you about every aspect regarding the transition from GNBU to GNIMB.
And today the subject of our message will be Nimbus Smart NFTs and how they will be engaged in GNIMB launch.
1️⃣ For all the Smart Staker and Smart LP n-NFTs minted before Nov. 16th:
Main deposit will be distributed in GNIMB instead of GNBU part Rewards will still be accrued and distributed in NBU tokens
2️⃣ For all the n-NFTs minted from Nov. 16th to Dec. 16:
Main deposit will be distributed in GNIMB instead of GNBU part
✳️Rewards will be accrued and distributed in GNIMB tokens✳️
3️⃣ For all the n-NFTs minted after Dec. 16th:
Main deposit will be distributed in GNIMB instead of GNBU part Rewards will be accrued and distributed in NIMB tokens
◾️To get the full picture of how the deposits and rewards will be distributed please check our infographiques attached to this publication.
Rewards in GNIMB is a unique and limited time offer, so be prepared and don't miss this opportunity. And don't forget to withdraw your GNIMB rewards before December 16, 2022.
We also want to explain you what’s the motivation behind distributing GNIMB tokens as a rewards.
🔹To ensure a fair token launch, giving every community member a chance
🔹To reward long-term token holders and Nimbus users for their loyalty and support for the Nimbus vision;
🔹To ensure that every loyal Nimbus community has a chance (voting rights) to have a say in the future direction of the Nimbus platform. We see this transition period as a chance to tighten our community even more. That’s why we’re offering you this opportunity to be the first to receive this new GNIMB token. You, our loyal members, are the core of our community, so providing you with voting tokens was a very natural decision.
💡Finally, to reiterate, this is a limited-time offer that won’t affect in any way the GNIMB token’s essential role as a governance token.
Stay tuned and have a great weekend!
The GNIMB launch is just a few days away, so we continue telling you about every aspect regarding the transition from GNBU to GNIMB.
And today the subject of our message will be Nimbus Smart NFTs and how they will be engaged in GNIMB launch.
1️⃣ For all the Smart Staker and Smart LP n-NFTs minted before Nov. 16th:
Main deposit will be distributed in GNIMB instead of GNBU part Rewards will still be accrued and distributed in NBU tokens
2️⃣ For all the n-NFTs minted from Nov. 16th to Dec. 16:
Main deposit will be distributed in GNIMB instead of GNBU part
✳️Rewards will be accrued and distributed in GNIMB tokens✳️
3️⃣ For all the n-NFTs minted after Dec. 16th:
Main deposit will be distributed in GNIMB instead of GNBU part Rewards will be accrued and distributed in NIMB tokens
◾️To get the full picture of how the deposits and rewards will be distributed please check our infographiques attached to this publication.
Rewards in GNIMB is a unique and limited time offer, so be prepared and don't miss this opportunity. And don't forget to withdraw your GNIMB rewards before December 16, 2022.
We also want to explain you what’s the motivation behind distributing GNIMB tokens as a rewards.
🔹To ensure a fair token launch, giving every community member a chance
🔹To reward long-term token holders and Nimbus users for their loyalty and support for the Nimbus vision;
🔹To ensure that every loyal Nimbus community has a chance (voting rights) to have a say in the future direction of the Nimbus platform. We see this transition period as a chance to tighten our community even more. That’s why we’re offering you this opportunity to be the first to receive this new GNIMB token. You, our loyal members, are the core of our community, so providing you with voting tokens was a very natural decision.
💡Finally, to reiterate, this is a limited-time offer that won’t affect in any way the GNIMB token’s essential role as a governance token.
Stay tuned and have a great weekend!
❤🔥7👍2
How often do you check your portfolio?
Anonymous Poll
19%
👍 Dozens of times a day
38%
🤩 Daily
22%
🔥 Weekly
21%
❤️ Buy and forget
👍3🍌1
Hey, Nimbus community,
Today we'd like to tell you about Hard and Soft Staking regarding the GNIMB launch. If you're a GNBU staker, this post is definitely for you!
With the GNIMB launch just 2 days away, you must be curious about your current stakings & the new GNIMB staking process.
Read along for all the info.
✅For the new GNIMB Hard & Soft Staking, the rules are:
👉New GNIMB Hard & Soft staking will be launched on the day of the GNIMB token launch - Nov. 16, 2022;
👉New GNIMB staking will be available with the same APR and staking periods as the GNBU staking;
⭐️⭐️⭐️For users who make GNIMB Hard & Soft stakes between Nov. 16 to Dec. 16, your rewards will accumulate and be distributed in GNIMB tokens, but only if your rewards are withdrawn before Dec. 16.
👉For users who stake after Dec. 16, rewards will be accumulated and distributed in NIMB tokens.
✅For current GNBU Hard & Soft staking, the rules are as follows:
👉Once the "Converter tool" is launched, you'll only be able to withdraw the rewards and get back your staking primary deposits from GNBU stakes.
👉 All GNBU staking will be unavailable after Nov. 16.
👉For all GNBU stakes made before Nov. 16, the rewards will be paid in NBU tokens.
👉You can then use the "Converter tool" to change your GNBU token to GNIMB at a 1:1 exchange rate.
For any queries regarding the GNIMB token launch or transition, write to us on:
☑️Telegram: https://t.me/Nimbus_Platform_ENG
☑️Discord: https://discord.com/invite/zvVjU78f85
Today we'd like to tell you about Hard and Soft Staking regarding the GNIMB launch. If you're a GNBU staker, this post is definitely for you!
With the GNIMB launch just 2 days away, you must be curious about your current stakings & the new GNIMB staking process.
Read along for all the info.
✅For the new GNIMB Hard & Soft Staking, the rules are:
👉New GNIMB Hard & Soft staking will be launched on the day of the GNIMB token launch - Nov. 16, 2022;
👉New GNIMB staking will be available with the same APR and staking periods as the GNBU staking;
⭐️⭐️⭐️For users who make GNIMB Hard & Soft stakes between Nov. 16 to Dec. 16, your rewards will accumulate and be distributed in GNIMB tokens, but only if your rewards are withdrawn before Dec. 16.
👉For users who stake after Dec. 16, rewards will be accumulated and distributed in NIMB tokens.
✅For current GNBU Hard & Soft staking, the rules are as follows:
👉Once the "Converter tool" is launched, you'll only be able to withdraw the rewards and get back your staking primary deposits from GNBU stakes.
👉 All GNBU staking will be unavailable after Nov. 16.
👉For all GNBU stakes made before Nov. 16, the rewards will be paid in NBU tokens.
👉You can then use the "Converter tool" to change your GNBU token to GNIMB at a 1:1 exchange rate.
For any queries regarding the GNIMB token launch or transition, write to us on:
☑️Telegram: https://t.me/Nimbus_Platform_ENG
☑️Discord: https://discord.com/invite/zvVjU78f85
⚡6
Hey Nimbus Community 👋
We've got a short announcement to share with you regarding the tomorrow's GNIMB token launch.
First of all, the GNIMB token is going live tomorrow, as planned initially. You'll be able to access all functionality where GNIMB is integrated: LP, LP staking, GNIMB Staking and n-NFT functionilities.
Second, the Nimbus Converter tool will be launched with a slight delay of a few days. We will keep you updated.
Stay in touch 😉
We've got a short announcement to share with you regarding the tomorrow's GNIMB token launch.
First of all, the GNIMB token is going live tomorrow, as planned initially. You'll be able to access all functionality where GNIMB is integrated: LP, LP staking, GNIMB Staking and n-NFT functionilities.
Second, the Nimbus Converter tool will be launched with a slight delay of a few days. We will keep you updated.
Stay in touch 😉
🔥5
Hey Nimbus Community
This post will be dedicated to the GNIMB - NFTs integration on the Nimbus Platform since we have some updates for you.
First of all, The GNIMB token is launched!
As you know, we are refactoring both NBU and GNBU contracts which will result in the gradual burning of these tokens, which means we should reduce, rather than increase, their presence in circulation.
The goals are clear: the sustainable development of the Platform and maintaining liquidity and the value of tokens.
With that in mind, we decided that users who have purchased NFTs before Nov. 16 will receive the rewards in GNIMB tokens.
In addition, we want to use the distribution of rewards in GNIMB to enable a more sustainable operation of the future DAO. That’s why it was a natural decision to give users who already own NFTs the opportunity to receive the new governance token. Our committed users must participate in the decisional process that shapes the future development of the Platform.
So, let’s recap precisely how NFT deposits and rewards will be functioning:
1️⃣ For all the Smart Staker and Smart LP n-NFTs minted before Nov. 16:
The main deposit will be distributed in GNIMB instead of GNBU part, and rewards will be accrued and distributed in GNIMB tokens.
2️⃣ For all the n-NFTs minted from Nov. 16 to Dec. 16:
The main deposit will be distributed in GNIMB instead of GNBU.
✳️Rewards will be accrued and distributed in GNIMB tokens✳️
Important note:
Don’t forget to withdraw your NFT rewards before Dec 16, 2022!
After Dec 16, 2022, rewards will be distributed in NIMB tokens (accumulated rewards in GNIMB will also be converted to NIMB)
3️⃣ For all the n-NFTs minted after Dec. 16:
The main deposit will be distributed in GNIMB instead of GNBU part. Rewards will be accrued and distributed in NIMB tokens.
◾️To get the full picture of how the deposits and rewards will be distributed, please check our infographics attached to this pos
This post will be dedicated to the GNIMB - NFTs integration on the Nimbus Platform since we have some updates for you.
First of all, The GNIMB token is launched!
As you know, we are refactoring both NBU and GNBU contracts which will result in the gradual burning of these tokens, which means we should reduce, rather than increase, their presence in circulation.
The goals are clear: the sustainable development of the Platform and maintaining liquidity and the value of tokens.
With that in mind, we decided that users who have purchased NFTs before Nov. 16 will receive the rewards in GNIMB tokens.
In addition, we want to use the distribution of rewards in GNIMB to enable a more sustainable operation of the future DAO. That’s why it was a natural decision to give users who already own NFTs the opportunity to receive the new governance token. Our committed users must participate in the decisional process that shapes the future development of the Platform.
So, let’s recap precisely how NFT deposits and rewards will be functioning:
1️⃣ For all the Smart Staker and Smart LP n-NFTs minted before Nov. 16:
The main deposit will be distributed in GNIMB instead of GNBU part, and rewards will be accrued and distributed in GNIMB tokens.
2️⃣ For all the n-NFTs minted from Nov. 16 to Dec. 16:
The main deposit will be distributed in GNIMB instead of GNBU.
✳️Rewards will be accrued and distributed in GNIMB tokens✳️
Important note:
Don’t forget to withdraw your NFT rewards before Dec 16, 2022!
After Dec 16, 2022, rewards will be distributed in NIMB tokens (accumulated rewards in GNIMB will also be converted to NIMB)
3️⃣ For all the n-NFTs minted after Dec. 16:
The main deposit will be distributed in GNIMB instead of GNBU part. Rewards will be accrued and distributed in NIMB tokens.
◾️To get the full picture of how the deposits and rewards will be distributed, please check our infographics attached to this pos
❤5⚡3👍1
While we have covered the transition process for the majority of the Nimbus ecosystem, this post is for Nimbus LP stakers!
Becoming a liquidity provider in the new pair GNIMB/BNB will be an excellent move. Here’s how it will work and what you shall receive. 👇
To make the transition from GNBU to GNIMB and transfer the liquidity, we are taking the following steps:
👉The APR on the LP Staking GNBU-BNB is decreased to 0%.
👉GNBU-BNB LP staking rewards have been zeroed on the interface. All accrued rewards will be airdropped to existing LP stakers in NBU tokens without vesting.
👉The new LP Staking GNIMB -BNB, with APR - 100%, has been created
Important!
✅For LPs who provide liquidity to the new GNIMB/BNB pair between 16.11.22 and 16.12.22, their rewards shall be accrued and distributed in GNIMB tokens.
✅In order to get GNIMB rewards, don’t forget to withdraw them before 16.12.22. Starting from 16.12.22, all rewards will be delivered in NIMB tokens.
What does this transition mean for liquidity providers?
Once the Converter tool is launched, you can move your liquidity to the new BNB/GNIMB pair.
Migrating your liquidity to the new GNIMB LP pairs will be extremely beneficial, given the 100% APR.
On top of that, for a limited period, you have the opportunity to get your rewards in GNIMB tokens. That way, you also get voting power and can leave your mark on the Platform’s development!
Becoming a liquidity provider in the new pair GNIMB/BNB will be an excellent move. Here’s how it will work and what you shall receive. 👇
To make the transition from GNBU to GNIMB and transfer the liquidity, we are taking the following steps:
👉The APR on the LP Staking GNBU-BNB is decreased to 0%.
👉GNBU-BNB LP staking rewards have been zeroed on the interface. All accrued rewards will be airdropped to existing LP stakers in NBU tokens without vesting.
👉The new LP Staking GNIMB -BNB, with APR - 100%, has been created
Important!
✅For LPs who provide liquidity to the new GNIMB/BNB pair between 16.11.22 and 16.12.22, their rewards shall be accrued and distributed in GNIMB tokens.
✅In order to get GNIMB rewards, don’t forget to withdraw them before 16.12.22. Starting from 16.12.22, all rewards will be delivered in NIMB tokens.
What does this transition mean for liquidity providers?
Once the Converter tool is launched, you can move your liquidity to the new BNB/GNIMB pair.
Migrating your liquidity to the new GNIMB LP pairs will be extremely beneficial, given the 100% APR.
On top of that, for a limited period, you have the opportunity to get your rewards in GNIMB tokens. That way, you also get voting power and can leave your mark on the Platform’s development!
❤🔥2👍2