Syncord | Official News Channel
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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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☺️ Nimbus is proud to be at the forefronts of a decentralized future πŸš€

Like if you're too❀️
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How to get 100% APY:

Step 1 ▢️Get LP tokens using Pool section of the dApp
Step 2 ▢️Pick a pair that you’d like to provide liquidity to (eg: GNIMB/BNB)
Step 3 ▢️Stake the LP tokens in the LP Staking
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Make the right choice today!βœ…

Join πŸ‘‰ nimbusplatform.io
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The hottest crypto happenings for Nov, 22 πŸ’₯

πŸ“Œ The Reserve Bank of India to launch a retail CBDC pilot.

πŸ“Œ Binance Pool to launch its Cloud Mining service.

πŸ“Œ S Korean regulators draft new crypto laws.

πŸ“Œ Kenya to tax crypto transactions at 20% rate on par with bank commissions.

πŸ“Œ UK lawmakers vote to widen authorities’ powers in seizing crypto-related property.
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Nimbus NFT Smart Staker mechanism

You mint the #NFT
▢️Assets get automatically distributed to Smart Staker
▢️The smart contract converts your tokens into NBU, GNIMB, CAKE, and WBNB & distributes it to 2 streams - Soft Staking on Nimbus, and LP staking on PancakeSwap
▢️The Soft Staking Streams generate 60% APR + LP Staking generate up to 40% APR as rewards
▢️You get rewards in 1 click

πŸ”₯Don't forget about our limited time offer. For NFTs minted from 16th of November to 16th of December, you shall receive rewards in GNIMB
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⚽️Pick only 1 ball and let us know which one below☝️
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Hey, Nimbus Community,

The emergence of NFTs was an essential breakthrough, as they are based on a tremendous technology. But for a while, they only represented a means of storing value and guaranteeing authenticity.

That was until we found a way to use the NFT technology innovatively and leverage it across multiple use cases and assets.

That’s what we’ll cover in today’s glossary: The n-NFT (Nimbus NFT)

What are the benefits that n-NFTs offer?
πŸ‘‰they boost user adoption by making it easier for community members to participate via 1-click yield generation strategies
πŸ‘‰it carries the web3/NFT innovation fringe forward by bringing real utility to non-fungible token tech.

Advantages:
- Very little setup required
- A pre-built yield-generating strategy
- Easily executing across multiple yield-bearing instruments
- Users only pay one very small fee instead of one for every dApp
- All in one click
- You can redeem the assets by burning the n-NFT

N-NFTs bring: easy yields, no more swapping, bridging assets for 1:1 ratio while providing liquidity; a single asset but a basket of yields.

The n-NFT and the dApps that employ it are available here:
https://app.nimbusplatform.io/#/nft/n-NFT
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The hottest crypto happenings for Nov, 24 πŸ’₯

πŸ“Œ UAE regulator revokes FTX license.

πŸ“Œ Russia intends to launch a β€˜national crypto exchange’.

πŸ“Œ Amazon to film TV series about FTX collapse.

πŸ“Œ Binance aims to allocate $1 billion for crypto recovery fund.
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Hey, Nimbus CommunityπŸ‘‹

πŸ˜‰We’ve been talking a lot about the GNIMB launch this last week. It has been a majorevent for Nimbus in Q4 2022 that will bring an enhanced governance process, which is essential for a DAO-governed ecosystem.

πŸ™ŒThe transition from GNBU to GNIMB will not cause any discomfort to our users, as we have planned it carefully. Still, it’s a complex process, and we’re still getting various questions from community members, so we feel it’s useful to go over all the details one more time.

So we have prepared an article covering the mechanics of the transition and how it affects each section. Read all the details here πŸ‘‡
https://nimbusplatform.medium.com/heres-everything-you-need-to-know-about-the-gnimb-token-launch-and-the-transition-plan-ee84effbe1b1
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The hottest crypto happenings for Nov, 25 πŸ’₯

πŸ“Œ Uzbekistan issues first crypto licenses to two local β€˜crypto stores’.

πŸ“Œ Binance allocates another $1B for its crypto recovery fund.

πŸ“Œ International Monetary Fund calls for increased regulation of African crypto markets.

πŸ“Œ Turkey seizes FTX assets in the country amid the ongoing investigation.
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πŸ€” Unsure what to do at Nimbus?

Pick a line and follow it for ideas!☝️
🧐 My crypto word of the week is _______________.
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πŸ’Ž Which infinity stone you would pick first?

Comment with the number πŸ™Œ
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Put on your thinking hat 🎩

πŸ€”How many words can you bring out from this word?

Two, three or maybe more?

Let’s see your answers below!πŸ‘‡
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Hey, Nimbus CommunityπŸ‘‹

πŸ”₯The NIMB token is scheduled for launch on December 1st! πŸ”₯

The NIMB token was already implemented in AP 4.1.
As the final stage of the launch, on Dec.1st, NIMB will become available on the Swap Machine and all over the Platform.

And just like we did with GNIMB token launch, in the next few days, we’ll walk you through the NBU to NIMB transition plan!

P.S. - if you still need any help with the GNIMB transition plan, you can find all detailsπŸ‘‰ Here!

Today we’ll cover:
βœ…Converter
βœ…Swap Machine

πŸ‘‰First, it’s important to mention that NIMB will have a total supply of 10.000.000.000 tokens, which is unchangeable.

The Nimbus Converter Tool will play an essential role by enabling you to change NBU to NIMB. Just as it happened with the change from GNBU to GNIMB,  an exchange rate of 1NBU:1NIMB.

The Swap Machine is another tool that will help ease the transition. The process will be as follows:
-  Out of the existing pairs, we have already blocked the GNBU/NBU pair
-  We shall create new pairs: NIMB/BNB, NIMB/GNIMB

🌟 There’s one more important aspect to mention. NIMB holders have the important event to look forward to – the CEX listing. This will happen in the coming days, and we will keep you updated on all the details.

So stay tuned, as we have many informative posts coming your way.
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The hottest crypto happenings for Nov, 28 πŸ’₯

πŸ“Œ Germany has the 2nd highest concentration of ETH nodes.

πŸ“Œ Social media giant LINE closes its crypto exchange.

πŸ“Œ U.S. and S. Korea applied for over 75% of world’s metaverse patents.

πŸ“Œ Nigeria seeks distinction between digital assets and crypto.

πŸ“Œ Crypto lender BlockFi filing for bankruptcy.
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Hey, Nimbus CommunityπŸ‘‹

This post is part of the informative series on the NIMB token transition plan.

In this post we'll be covering the transition plan for:
βœ…Smart LP NFT
βœ…Smart Staker NFT sections.

Here is how deposits and rewards will be functioning for Smart LP NFT and Smart Staker NFT after 1st of December:

For NFT Smart LP:

The original asset was divided into pairs in this proportion with 100% APR:
β˜‘οΈ NBU 25% / BNB 25%
β˜‘οΈ GNBU 25% / BNB 25%

When burning the NFT, the user will receive:
βœ… NIMB 25% / BNB 25% 
βœ… GNIMB 25% / BNB 25%

For NFT Smart Staker:

The original asset was divided into pairs in this proportion:
β˜‘οΈ 35% NBU Soft Staking
β˜‘οΈ 35% GNBU Soft Staking
β˜‘οΈ 30% LP Staking CAKE / BNB

When burning the NFT, the user will receive:
βœ…NIMB,
βœ…GNIMB,
βœ…CAKE
βœ…wBNB.

πŸ“‹IMPORTANT:

β–ͺ️For both Smart LP and Smart Staker NFT till Dec. 16th - rewards will be distributed in GNIMB token.
β–ͺ️This gives you a unique opportunity to become part of the governance process.
β–ͺ️Make sure to withdraw these them before 16/12/22 to receive GNIMB tokens
β–ͺ️After Dec. 16th, you shall receive all rewards in NIMB.
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We are always here available to help and guide you 🀝

Need help navigating the Nimbus Platform?

πŸ“©Write to us at https://t.me/Nimbus_Platform_ENG
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The hottest crypto happenings for Nov, 29 πŸ’₯

πŸ“Œ Dominica works with Huobi for digital identity program.

πŸ“Œ National Bank of Ukraine releases draft concept for digital hryvnia.

πŸ“Œ Spanish government to add crypto clauses to Criminal Code.

πŸ“Œ Israel’s chief economist lays out recommendations for crypto regulation.

πŸ“Œ South Korean university to roll out blockchain-powered ID cards.
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Want to get started with DeFi? But are you not sure where to start?😡

Don’t worry! Nimbus offers several strategies so you can pick up the best for youπŸ™Œ

Put your crypto work with Nimbus: https://link.nimbusplatform.io/aa6