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.
Thatβs what weβll cover in todayβs glossary: The n-NFT (Nimbus NFT)
What are the benefits that n-NFTs offer?
πthey boost user adoption by making it easier for community members to participate via 1-click yield generation strategies
πit 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
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.
Thatβs what weβll cover in todayβs glossary: The n-NFT (Nimbus NFT)
What are the benefits that n-NFTs offer?
πthey boost user adoption by making it easier for community members to participate via 1-click yield generation strategies
πit 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
π6β€βπ₯1
Hey, Nimbus Communityπ
π Weβve 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.
π The transition from GNBU to GNIMB will not cause any discomfort to our users, as we have planned it carefully. Still, itβs a complex process, and weβre still getting various questions from community members, so we feel itβs 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 hereπ
https://nimbusplatform.medium.com/heres-everything-you-need-to-know-about-the-gnimb-token-launch-and-the-transition-plan-ee84effbe1b1
So we have prepared an article covering the mechanics of the transition and how it affects each section. Read all the details here
https://nimbusplatform.medium.com/heres-everything-you-need-to-know-about-the-gnimb-token-launch-and-the-transition-plan-ee84effbe1b1
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π6
The hottest crypto happenings for Nov, 25 π₯
π Uzbekistan issues first crypto licenses to two local βcrypto storesβ.
π Binance allocates another $1B for its crypto recovery fund.
π International Monetary Fund calls for increased regulation of African crypto markets.
π Turkey seizes FTX assets in the country amid the ongoing investigation.
π Uzbekistan issues first crypto licenses to two local βcrypto storesβ.
π Binance allocates another $1B for its crypto recovery fund.
π International Monetary Fund calls for increased regulation of African crypto markets.
π Turkey seizes FTX assets in the country amid the ongoing investigation.
π3π2
π§ My crypto word of the week is _______________.
π2
Hey, Nimbus Communityπ
π₯The NIMB token is scheduled for launch on December 1st! π₯
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, weβll 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 detailsπ Here!
Today weβll cover:
β Converter
β Swap Machine
πFirst, itβs 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
π Thereβs one more important aspect to mention. NIMB holders have the important event to look forward to β 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.
π₯The NIMB token is scheduled for launch on December 1st! π₯
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, weβll 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 detailsπ Here!
Today weβll cover:
β Converter
β Swap Machine
πFirst, itβs 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
π Thereβs one more important aspect to mention. NIMB holders have the important event to look forward to β 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.
π₯6π3π2β‘1
The hottest crypto happenings for Nov, 28 π₯
π Germany has the 2nd highest concentration of ETH nodes.
π Social media giant LINE closes its crypto exchange.
π U.S. and S. Korea applied for over 75% of worldβs metaverse patents.
π Nigeria seeks distinction between digital assets and crypto.
π Crypto lender BlockFi filing for bankruptcy.
π Germany has the 2nd highest concentration of ETH nodes.
π Social media giant LINE closes its crypto exchange.
π U.S. and S. Korea applied for over 75% of worldβs metaverse patents.
π Nigeria seeks distinction between digital assets and crypto.
π Crypto lender BlockFi filing for bankruptcy.
π4
Hey, Nimbus Communityπ
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:
β Smart LP NFT
β 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:
βοΈ NBU 25% / BNB 25%
βοΈ GNBU 25% / BNB 25%
When burning the NFT, the user will receive:
β NIMB 25% / BNB 25%
β GNIMB 25% / BNB 25%
For NFT Smart Staker:
The original asset was divided into pairs in this proportion:
βοΈ 35% NBU Soft Staking
βοΈ 35% GNBU Soft Staking
βοΈ 30% LP Staking CAKE / BNB
When burning the NFT, the user will receive:
β NIMB,
β GNIMB,
β CAKE
β wBNB.
πIMPORTANT:
βͺοΈFor both Smart LP and Smart Staker NFT till Dec. 16th - rewards will be distributed in GNIMB token.
βͺοΈThis gives you a unique opportunity to become part of the governance process.
βͺοΈMake sure to withdraw these them before 16/12/22 to receive GNIMB tokens
βͺοΈAfter Dec. 16th, you shall receive all rewards in NIMB.
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:
β Smart LP NFT
β 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:
βοΈ NBU 25% / BNB 25%
βοΈ GNBU 25% / BNB 25%
When burning the NFT, the user will receive:
β NIMB 25% / BNB 25%
β GNIMB 25% / BNB 25%
For NFT Smart Staker:
The original asset was divided into pairs in this proportion:
βοΈ 35% NBU Soft Staking
βοΈ 35% GNBU Soft Staking
βοΈ 30% LP Staking CAKE / BNB
When burning the NFT, the user will receive:
β NIMB,
β GNIMB,
β CAKE
β wBNB.
πIMPORTANT:
βͺοΈFor both Smart LP and Smart Staker NFT till Dec. 16th - rewards will be distributed in GNIMB token.
βͺοΈThis gives you a unique opportunity to become part of the governance process.
βͺοΈMake sure to withdraw these them before 16/12/22 to receive GNIMB tokens
βͺοΈAfter Dec. 16th, you shall receive all rewards in NIMB.
β€3π3π₯2π€©1
We are always here available to help and guide you π€
Need help navigating the Nimbus Platform?
π©Write to us at https://t.me/Nimbus_Platform_ENG
Need help navigating the Nimbus Platform?
π©Write to us at https://t.me/Nimbus_Platform_ENG
β€2π1
The hottest crypto happenings for Nov, 29 π₯
π Dominica works with Huobi for digital identity program.
π National Bank of Ukraine releases draft concept for digital hryvnia.
π Spanish government to add crypto clauses to Criminal Code.
π Israelβs chief economist lays out recommendations for crypto regulation.
π South Korean university to roll out blockchain-powered ID cards.
π Dominica works with Huobi for digital identity program.
π National Bank of Ukraine releases draft concept for digital hryvnia.
π Spanish government to add crypto clauses to Criminal Code.
π Israelβs chief economist lays out recommendations for crypto regulation.
π South Korean university to roll out blockchain-powered ID cards.
β€2π2π₯1
Want to get started with DeFi? But are you not sure where to start?π΅
Donβt worry! Nimbus offers several strategies so you can pick up the best for youπ
Put your crypto work with Nimbus: https://link.nimbusplatform.io/aa6
Donβt worry! Nimbus offers several strategies so you can pick up the best for youπ
Put your crypto work with Nimbus: https://link.nimbusplatform.io/aa6
Hey, Nimbus Communityπ
In our series of threads covering the NIMB token transition plan, we previously covered - The Convertor & Nimbus Swap.
Today, we're covering:
β LP Staking
P.S. - In case you missed our previous announcement - the NIMB token launch is scheduled for December 1st!
Get ready to become a liquidity provider in the new NIMB/BNB pair!
Hereβs how we will make that happen:
βΎοΈWeβll decrease APR on the LP Staking NBU-BNB pair to 0%
βΎοΈRewards on the interface will be zeroed. Accrued rewards will be sent to all users via airdrop in NBU tokens without vesting
βΎοΈFunction for making new deposits to the LP Staking NBU-BNB will be disabled
βΎοΈWeβll create a new LP Staking NIMB -BNB, with APR - 100%.
β οΈImportant!
For all new LP StΠ°king NIMB - BNB created after 1/12/22, rewards will be paid in NIMB.
Missing your GNIMB rewards?
You can still receive LP Staking rewards in GNIMB in the new GNIMB/NIMB pair!
The offer is for a limited time only - until Dec. 16th! - don't miss out!
We have designed this transition to be highly beneficial for all our users, liquidity providers included. So make sure to capitalize on the 100% APR and move your liquidity to the new NIMB/BNB pair once the transition is set in motion.
Letβs grow Nimbus together!π¦Ύπ
In our series of threads covering the NIMB token transition plan, we previously covered - The Convertor & Nimbus Swap.
Today, we're covering:
β LP Staking
P.S. - In case you missed our previous announcement - the NIMB token launch is scheduled for December 1st!
Get ready to become a liquidity provider in the new NIMB/BNB pair!
Hereβs how we will make that happen:
βΎοΈWeβll decrease APR on the LP Staking NBU-BNB pair to 0%
βΎοΈRewards on the interface will be zeroed. Accrued rewards will be sent to all users via airdrop in NBU tokens without vesting
βΎοΈFunction for making new deposits to the LP Staking NBU-BNB will be disabled
βΎοΈWeβll create a new LP Staking NIMB -BNB, with APR - 100%.
β οΈImportant!
For all new LP StΠ°king NIMB - BNB created after 1/12/22, rewards will be paid in NIMB.
Missing your GNIMB rewards?
You can still receive LP Staking rewards in GNIMB in the new GNIMB/NIMB pair!
The offer is for a limited time only - until Dec. 16th! - don't miss out!
We have designed this transition to be highly beneficial for all our users, liquidity providers included. So make sure to capitalize on the 100% APR and move your liquidity to the new NIMB/BNB pair once the transition is set in motion.
Letβs grow Nimbus together!π¦Ύπ
π5π3β‘2
Hey Nimbus Community,
βThere is a fraudulent Telegram group posing to be Nimbus and announcing a false TrustPad partnership. Any third-party launchpads that aren't announced by Nimbus are not valid and are scams.
π We advise you to use caution and not to connect your wallets to non-official nimbus products and platforms when trying to interact with any of our products and services.
π You can contact us on our official groups on Telegram:
π¬π§ English News Channel
πͺπΈ Spanish News Channel
π¬π§ English Chat
π·πΊ Russian Chat
π¨π³ Chinese Chat
βThere is a fraudulent Telegram group posing to be Nimbus and announcing a false TrustPad partnership. Any third-party launchpads that aren't announced by Nimbus are not valid and are scams.
π We advise you to use caution and not to connect your wallets to non-official nimbus products and platforms when trying to interact with any of our products and services.
π You can contact us on our official groups on Telegram:
π¬π§ English News Channel
πͺπΈ Spanish News Channel
π¬π§ English Chat
π·πΊ Russian Chat
π¨π³ Chinese Chat
π4π€―1
The hottest crypto happenings for Nov, 30 π₯
π Binance plans to reenter the Japanese market
π Brazil passes law to legalize crypto as a payment method
π Gemini gets regulatory greenlight in Italy and Greece amid lending halt.
π Kraken to layoff 1100 people to βadapt to current market conditionsβ.
π South Africa adds crypto businesses to list of accountable institutions.
π Binance plans to reenter the Japanese market
π Brazil passes law to legalize crypto as a payment method
π Gemini gets regulatory greenlight in Italy and Greece amid lending halt.
π Kraken to layoff 1100 people to βadapt to current market conditionsβ.
π South Africa adds crypto businesses to list of accountable institutions.
β€5π1
Hey Nimbus Fam π
The NIMB token launch is only a few hours away! And we have one more section to cover in our informative post on the NIMB transition plan: Hard & Soft Staking.
Read along!
Transition Plan - Soft Staking:
β The new Soft NIMB staking will be deployed on the platform and have the same conditions as previous NBU stakings.
β Once NIMB is launched, we kindly ask you to move your Soft NBU staking to NIMB Staking until Dec 8th
β On Dec 8th, we will close all NBU stakings on the interface
Transition Plan - Hard Staking:
β New Hard Stakings will be available only in NIMB tokens with the exact APR as NBU Stakings.
β Existing NBU Hard Stakings remain unchanged but can only be withdrawn until Jan 10th, 2023
β We kindly ask you to move your liquidity to the new NIMB Hard Staking until Jan 10th, 2023
β On Jan 10th, we will close the NBU Hard Staking
Rewards:
βΎοΈFor all old Soft and Hard Stakings, user deposits and rewards will be paid in NBU
βΎοΈFor new NIMB Soft and Hard Stakings, rewards will be paid in NIMB after Dec 1st
β οΈImportant!
If you still have staking deposits in the block period for Hard Staking, donβt worry about it! It will be sent to you in the airdrops after we close the staking pools.
Overall, the mechanism for the transition period will be the same as for GNIMB. To complete the transition, itβs essential to move liquidity fast and efficiently to the new tokens, GNIMB and NIMB.
The NIMB token launch is only a few hours away! And we have one more section to cover in our informative post on the NIMB transition plan: Hard & Soft Staking.
Read along!
Transition Plan - Soft Staking:
β The new Soft NIMB staking will be deployed on the platform and have the same conditions as previous NBU stakings.
β Once NIMB is launched, we kindly ask you to move your Soft NBU staking to NIMB Staking until Dec 8th
β On Dec 8th, we will close all NBU stakings on the interface
Transition Plan - Hard Staking:
β New Hard Stakings will be available only in NIMB tokens with the exact APR as NBU Stakings.
β Existing NBU Hard Stakings remain unchanged but can only be withdrawn until Jan 10th, 2023
β We kindly ask you to move your liquidity to the new NIMB Hard Staking until Jan 10th, 2023
β On Jan 10th, we will close the NBU Hard Staking
Rewards:
βΎοΈFor all old Soft and Hard Stakings, user deposits and rewards will be paid in NBU
βΎοΈFor new NIMB Soft and Hard Stakings, rewards will be paid in NIMB after Dec 1st
β οΈImportant!
If you still have staking deposits in the block period for Hard Staking, donβt worry about it! It will be sent to you in the airdrops after we close the staking pools.
Overall, the mechanism for the transition period will be the same as for GNIMB. To complete the transition, itβs essential to move liquidity fast and efficiently to the new tokens, GNIMB and NIMB.
β€4π3π₯2β€βπ₯1
πHey Nimbus Community,
π₯³The NIMB token is officially LIVE!π
You can exchange your NBU tokens for NIMB tokens via the Convertor Tool at a 1:1 ratio π Here!
NIMB is now fully integrated across all Nimbus Platform functionalities, including LP staking, Smart n-NFTs & Swap!
Transition plan across functionalities:
β Swap Machine & Converter Tool
β Smart n-NFTs
β LP Staking
Still got questions about the NIMB token or the transition plan?
Reach out to us on the official telegram chat for quick query resolutions π Here!
π₯³The NIMB token is officially LIVE!π
You can exchange your NBU tokens for NIMB tokens via the Convertor Tool at a 1:1 ratio π Here!
NIMB is now fully integrated across all Nimbus Platform functionalities, including LP staking, Smart n-NFTs & Swap!
Transition plan across functionalities:
β Swap Machine & Converter Tool
β Smart n-NFTs
β LP Staking
Still got questions about the NIMB token or the transition plan?
Reach out to us on the official telegram chat for quick query resolutions π Here!
β€8π₯2π1π€©1
The hottest crypto happenings for Dec, 1 π₯
π Binance hires audit firm that served Donald Trump to verify crypto reserves.
π Huobi and Poloniex announced a strategic partnership.
π Italy to impose 26% crypto gains tax from 2023.
π Russia's Sber bank integrates Metamask into its blockchain platform.
π Canada's Manitoba province enacts 18-month moratorium on new crypto mining.
π Binance hires audit firm that served Donald Trump to verify crypto reserves.
π Huobi and Poloniex announced a strategic partnership.
π Italy to impose 26% crypto gains tax from 2023.
π Russia's Sber bank integrates Metamask into its blockchain platform.
π Canada's Manitoba province enacts 18-month moratorium on new crypto mining.
π3π₯1