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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.
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πŸ‘‹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.

πŸ”ΉTo ensure a fair token launch, giving every community member a chance
πŸ”ΉTo reward long-term token holders and Nimbus users for their loyalty and support for the Nimbus vision;
πŸ”ΉTo 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.
πŸ’‘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!
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Fast fact:

Did you know that paper money🧾 is actually made of 25% linen and 75% cotton, not paper?πŸ€“

Put πŸ”₯ if you didn’t!
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The hottest crypto happenings for Nov, 14 πŸ’₯

πŸ“Œ Binance starts a recovery fund.

πŸ“Œ Kraken, Coinbase and Gate io publish proof of reserves with liabilities.

πŸ“Œ Vitalik Buterin will help Binance prove its reserves.

πŸ“Œ Salvadoran President Bukele says Bitcoin is β€˜the oppositeβ€˜ of FTX.
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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.

βœ…For the new GNIMB Hard & Soft Staking, the rules are:
πŸ‘‰New GNIMB Hard & Soft staking will be launched on the day of the GNIMB token launch - Nov. 16, 2022;
πŸ‘‰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.

πŸ‘‰For users who stake after Dec. 16, rewards will be accumulated and distributed in NIMB tokens.

βœ…For current GNBU Hard & Soft staking, the rules are as follows:
πŸ‘‰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.
πŸ‘‰ All GNBU staking will be unavailable after Nov. 16.
πŸ‘‰For all GNBU stakes made before Nov. 16, the rewards will be paid in NBU tokens.
πŸ‘‰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:

β˜‘οΈTelegram: https://t.me/Nimbus_Platform_ENG
β˜‘οΈDiscord: https://discord.com/invite/zvVjU78f85
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The hottest crypto happenings for Nov, 15 πŸ’₯

πŸ“Œ Nike unveils NFT platform.

πŸ“Œ Apple appears to be working toward β€œ3D mixed-reality world”.

πŸ“Œ PlayStation dives into NFT world with new patent.

πŸ“Œ Cristiano Ronaldo and Manchester United get into Web3.
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Hey Nimbus Community πŸ‘‹

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 πŸ˜‰
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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
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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. πŸ‘‡

To make the transition from GNBU to GNIMB and transfer the liquidity, we are taking the following steps:
πŸ‘‰The APR on the LP Staking GNBU-BNB is decreased to 0%.
πŸ‘‰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.
πŸ‘‰The new LP Staking GNIMB -BNB, with APR - 100%, has been created

Important!
βœ…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.
βœ…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!
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The hottest crypto happenings for Nov, 16 πŸ’₯

πŸ“Œ The island of Tuvalu turns to metaverse.

πŸ“Œ UAE regulator adopts blockchain.

πŸ“Œ Wells Fargo, Mastercard, and the Fed team up on a digital dollar.

πŸ“Œ Abu Dhabi grants Binance financial services permission.

πŸ“Œ Trust Wallet integrates with Binance Pay and Coinbase Pay.
Hey GNBU holders,

With small delay, but completely ready to use!
Let us present Nimbus Converter functionality β€” the tool which enables you to convert old-fashioned GNBU into brand-new GNIMB tokens at a 1:1 exchange rate.
⚑️⚑️⚑️https://app.nimbusplatform.io/#/converter

Now, it's better not to waste your time. Use it in order to become a GNIMB holder. Having GNIMB in your wallets means the possibility of adding liquidity to the BNB-GNIMB pair and using new LP Staking with 100% APR. The same applies to GNIMB Hard and Soft Staking.

The sooner you jump in new GNIMB stakes, the more rewards in GNIMB you accumulate. More GNIMBs accumulated = more decision influence = power you have in the Nimbus Platform governance process.

Don't forget that GNIMB rewards are accumulated and distributed only during a 1-month period β€” from Nov 16 to Dec 16, 2022. If you withdraw your rewards after Dec. 16, you will get NIMB tokens instead of GNIMB.

P.S.
The transition process is already underway. Today 390,000 GNBU were burnt.
https://bscscan.com/tx/0xab7ffda8452e220d99577d1871b94050aab781c02fc701ae014e54e91955b144

Stay tuned!
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The hottest crypto happenings for Nov, 17 πŸ’₯

πŸ“Œ El Salvador will be "buying one Bitcoin every day starting tomorrow."

πŸ“Œ Australia promises crypto regulation next year.

πŸ“Œ Adidas unveils its first wearable NFT Collection.

πŸ“Œ Sony tries to patent NFT and blockchain technology usage in games.

πŸ“Œ Red Bull Racing closes out F1 season with NFT.
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Crypto is all about your mindset☝️
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βœ‹Hey, Nimbus Community!

We have an exciting announcement. Last night, Nimbus was nominated at Malta AIBC for the best staking product of the year among Kraken, My Liquidity Partner, and Ankr!

Although we didn’t win the award this time, it’s a sign of recognition for which we are grateful.

We have placed intense efforts into every product in the Nimbus ecosystem, and the fact that industry observers are noticing our results is encouraging.

We will continue our work in developing the Platform so that our community can benefit from the best products and experience.

Check out the video πŸ‘‡
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The hottest crypto happenings for Nov, 18 πŸ’₯

πŸ“Œ Twitter closes offices.

πŸ“Œ Bitstamp gets a crypto license from the Bank of Spain.

πŸ“Œ Australia to revamp cryptocurrency rules after FTX collapse.

πŸ€“ Did we miss any? Let us know in commentsπŸ‘‡
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πŸ‘€ Wrong answers only: what is DeFi?πŸ‘‡
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At Nimbus, we don’t just provide users with top-notch DeFi financial tools but also educate them on how those tools can be best applied ☝️

https://www.youtube.com/c/NimbusPlatformChannel/videos
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Put ❀️ if you think this should be high on the list of priorities☝️
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