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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Hey Nimbus Community πŸ‘‹

Here's your Weekly Nimbus Metrics!
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As DeFi continues to gain momentum, the question arises:

Will traditional banks adapt to a DeFi future? πŸ€”

DeFi, with its promise of democratizing finance, eliminating intermediaries, and enabling peer-to-peer transactions, poses both opportunities and challenges for the banking industry.

While some banks may view DeFi as a disruptive force, others are exploring ways to embrace decentralized technologies and incorporate them into their existing operations.

Learn if banks will adapt to a DeFi future hereπŸ‘‡
LINK
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Circle launched Euro stablecoin (EUROC) on the Avalanche blockchain

πŸ‘‰ This strategic move aims to provide developers and users with streamlined payment solutions and enhanced financial services. Is this bullish for crypto?
Anonymous Poll
70%
Yes
30%
No
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You wake up tomorrow and it's a bull run! What's the first thing you do?
What is Staking in DeFi?

For those unfamiliar or new, staking is the process of locking up a certain amount of crypto in a wallet and receiving rewards for doing so.
There are many staking methods out there.

Learn about them belowπŸ‘‡
LINK
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Hey, Nimbus fam!

Tell us, where are you from with an emoji ⛳️
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Do you understand crypto market cycles? πŸ“Š

The cryptocurrency markets operate in cycles, and it’s imperative for users to understand this so they can navigate the markets accordingly.

Learn about them here:
LINK

P.S. There will be a quiz tomorrow based on the article above and the quiz LINK will be found in the article πŸ™Œ
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It's summer. Some believe that it's a low season for crypto. What's your take?
Anonymous Poll
64%
Agree
36%
Disagree
NEW Crypto Market Cycles Quiz! πŸ₯³

This quiz has questions based on our recent crypto market cycles articles!

Prize Pool: $150 in NIMB!

Duration: 72 hours

Follow this Tweet for entry instructions:
LINK

10 lucky winners will be chosen! 🎁
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Crypto News Digest ⚑️

πŸ‘‰ Largest Airline in Japan Introduces NFT Marketplace

πŸ‘‰ Circle Set to Unveil Native USDC on Arbitrum

πŸ‘‰ Tether Market Cap Reaches New All-Time High as Binance CEO Highlights Regulatory Constraints

πŸ‘‰ EU Officials Sign Legislation Formalizing Markets in Crypto-Assets Framework

πŸ‘‰ UAE Set to Implement AML Regulations for Digital Assets

Read more here:
LINK
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Time to announce the 10 winners of our Market Cycles Quiz πŸ₯³

The winners can be found here:
LINK
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Hey Nimbus Community πŸ‘‹

Here's your Weekly Nimbus Metrics!
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If a currency was to replace the dollar, what would it be? πŸ€”
Anonymous Poll
34%
Gold
17%
Euro
15%
Yuan
34%
Other
Crypto News Digest⚑️

JPMorgan uses blockchain for USD transfers with Indian banks!

On June 5, Bloomberg reported that the banking giant has formed a collaboration with six Indian banks to launch a blockchain-based platform that facilitates interbank settlement of U.S. dollar transactions.

Is this bullish for crypto? πŸ€”
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Hey Nimbus Community πŸ‘‹

We have a NEW video showcasing an overview of the Nimbus Ecosystem with our Internal Auditor, Pedro Reyes!

Watch it here πŸ‘‰ https://youtube.com/watch?v=fA8xhTaDdnk

We've also updated our "How to get started" section! πŸ™Œ

Check it out here:
https://nimbusplatform.io/library/world-of-nimbus/get-started
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Time to test your knowledge on the Nimbus Platform πŸ€“

Which of these is not a Nimbus Product?
Anonymous Quiz
14%
Smart Staker NFT
3%
NIMB Soft Staking
78%
Bored Ape NFT
5%
GNIMB Hard Staking
What is your favorite part about DeFi? πŸ“Š
Anonymous Poll
33%
Anonymity
18%
Transparency
44%
Control of assets
5%
Other
Hey Nimbus Community πŸ‘‹

We've got exciting news...

We're currently engaged in the process of enhancing and polishing the UX and UI of all Nimbus Interfaces to provide a superior DeFi experience on all devices!! πŸ™Œ

1️⃣ We've first started by updating the Staking section in the platform's mobile version which is already available for you. With the newly added Staking calculator functionality, users can now gain a better understanding of the Staking strategy that they choose.

⚑️⚑️⚑️Check it out here

2️⃣ Now, we are actively working on our next step, which involves fine-tuning the platform's performance to provide seamless functionality on all major mobile browsers. Until it's done, we kindly ask you to use only Metamask browser on your mobile devices.

3️⃣ Later on, we'll add more features to the mobile design and rework the design of the desktop version as well.
Stay tuned!
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Calling all football and crypto enthusiasts! πŸ†βš½οΈ

Participate in our exclusive Champions League Final Quiz to test your knowledge in both fields and win $20 in NIMB tokens!

Follow the instructions here to enter:
https://twitter.com/nmbplatform/status/1667120238339473408

We'll choose 5 winners with correct answers and closest predictions to the score and goal-scorers πŸ™Œ

Join the excitement now!
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Crypto News Digest ⚑️

πŸ‘‰ The EU looks to use blockchain for educational and professional credentials
πŸ‘‰ Coinbase faces a lawsuit from the SEC for violating securities regulations in the US
πŸ‘‰ Circle Receives Singapore’s Major Payment Institution License
πŸ‘‰ The SEC now sees 67 cryptocurrencies as securities
πŸ‘‰ Nike NFTs to enter into EA Sports games and its fanbase

Read more here:
LINK
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Time to announce the 5 winners of our Football x Crypto Quiz πŸ₯³

The winners can be found here:
LINK
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