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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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Crypto News Digest ⚡️

👉 Ex-BlackRock Executive Anticipates $200 Billion Surge with Spot Bitcoin ETF Approval in 3-6 Months

👉 Policy Exchange Recommends UK Seize Web3 Opportunity Amid US Regulatory Uncertainty

👉 New Report Says Half of Crypto Users Globally Invest to Enhance Living Standards

👉 ESMA Opens Second MiCA Consultation, Seeking Stakeholder Input on Key Crypto Regulations

👉 Canadian Regulatory Authority Provides Clearer Guidelines for Stablecoins on Exchanges and Issuers

Read more
Hey, Nimbus Community 👋

Here's your Weekly Nimbus Metrics!

📌 Please note:

📊 Starting next week, we're revamping our weekly Nimbus Weekly Metrics presentation! Get ready for a more focused and insightful view that will deepen your understanding.

🔄 As we gear up for the Swap 2.0 transition, we're making some changes to our infographics. This means we'll be refining the data we share to give you a more comprehensive picture of our project's activity.

🚫 Some familiar figures will be bidding farewell, making room for new insights. We believe these adjustments will enhance your overall experience.

📆 Every Monday, check out our updated infographics to stay in the loop on the latest Nimbus ecosystem developments. Your feedback is crucial – let us know what you think! We're dedicated to transparency as we journey through the exciting world of decentralized finance together.

Stay tuned!
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Dear Nimbus Community,

As we move towards Swap 2.0 launch, we want you to be part of the journey every step of the way. Your feedback is invaluable, and we're committed to ensuring absolute clarity amid these significant changes.

📆 Starting from Wednesday, 11.10.2023, we're introducing a new initiative: Nimbus AMA (Ask Me Anything) weekdays! 🎤

Every day, we'll pick 1-2 questions from our amazing community and provide detailed, in-depth answers. Your curiosity and insights drive our progress, and we're excited to engage in this direct and open conversation with you.

🔗 To make this even more seamless, we've created a Google Form where you can leave your questions, feedback, or thoughts related to Swap 2.0 and beyond. Your participation ensures that we address the topics that matter most to you.

📌 https://forms.gle/pdzYoggLfupBBmiFA

This slow-burning AMA format will continue until we're all confident that every minor change is not just transparent but thoroughly understandable for every user. Your satisfaction and comprehension are our top priorities.

🙏 We extend our heartfelt gratitude for your ongoing support, patience, and enthusiasm as we navigate these transformative times. Together, we're building something truly remarkable, and we can't wait to share every moment with you.

Stay tuned!
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Crypto Daily News: Zimbabwe Adopts New Gold-Backed Payment Method

🚀 Zimbabwe enters a new era in financial innovation with the official launch of Zimbabwe Gold (ZiG). This gold-backed digital token, initiated in April 2023 by the Reserve Bank, serves a dual purpose.

First, it aims to encourage local investors to shift their focus to national assets amidst currency challenges.
Second, it enhances the availability and divisibility of investment instruments.

Stored in e-gold wallets or e-gold cards, ZiG stands as a versatile asset, offering a tangible solution in Zimbabwe's financial landscape.
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Do you believe Gold-Backed Digital Tokens are the future of stable and secure transactions?
Anonymous Poll
34%
Strongly believe, adds stability.
55%
Moderately believe, need more details
11%
Disagree, uncertain about their future
Hey Nimbus Community 👋

🚀 We're kicking off our daily AMA series!

🎤 We'll be diving into 1-2 questions from time to time that you submit via our Google Form: https://forms.gle/pdzYoggLfupBBmiFA

Don't miss your chance to get insights on Nimbus Swap 2.0 transition process.

Note: Questions related to the Swap 2.0 transition process will be taken first. Other topics will be addressed in subsequent sessions

💡 Today's Q&A first session:

1. What are the liquidty conditions Nimbus Platform has to ensure to open the Swap 2.0?

👉 To ensure Swap 2.0 functions properly and everything is stable, the Nimbus Platform needs to achieve the following:
- A combined 5 million USDT liquidity in both pools
- Not exceeding 7.5% of native tokens circulating at old prices

2. How is the Nimbus Platform going to ensure that prices do not plummet again after the launch of Swap 2.0?

👉 Upon activating the Swap 2.0 functionality, the target price for the NIMB token will ascend to 1 USDT or beyond (and 64.125 USDT for GNIMB), ensuring it never falls below this threshold. All the mechanisms integrated within Swap 2.0, along with its inherent functionalities, will collectively contribute to this: (1) using part of the incoming cashflow for buy-backs of tokens with old prices, (2) velocity smart contracts, (3) CFD tools within the NFT circulation, (4) C-token solution
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Hey Nimbus Community 👋

Time for another post within our AMA series!

🔍 Q: Will GNIMB holders start getting rewards with Swap 2.0?

📣 A: Absolutely! Swap 2.0, along with other services that will be released before the Swap 2.0 launch, will be bringing rewards to GNIMB holders in the near future. More details on this will be shared in the coming weeks.

🚀 Your support means the world to us, so stay tuned for more exciting updates!
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Hey Nimbus Community 👋

We're now back with our AMA series discovering the main pecularities of the Swap 2.0 functionality. Here is what we have today!👇

🔍 Q: How will Swap 2.0 affect Nimbus Plus?

🗣 A: All actions initiated within Pool 2.0 will continue seamlessly with Nimbus Plus as the new NIMB value is set at 1 USDT and GNIMB at 64.125 USDT. Furthermore, we are taking proactive measures to shield the prices of NIMB and GNIMBs from volatility risks.

For now, here is the action plan for you a Nimbus Plus member:
1️⃣ If you are new to Nimbus Plus, enroll in the Program and stake your assets for 1 year at a 30% APR
2️⃣ If you possess unstaked NIMB tokens, you have two selling options: (1) at the stop loss price of 0.0003 USDT and (2) at the current market price
3️⃣ If your assets are in Staking, they are secure at 0.0003 USDT. Starting from October 8, 2023, rewards are accrued in USDT while the principal remains in NIMB tokens

There are more answers coming, so stay tuned 🙌
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Hey Nimbus Community 👋

One of the most burning questions of the last week is here! Let's take a look at the answer 👀

🔍 Q: How will you achieve the new price level for NIMB & GNIMB tokens without further losses?

📣 A: Here are the key drivers that ensure that:

✔️ Accumulating liquidity on Swap 2.0, including relocating from 1.0.
✔️ Removing old-priced tokens from circulation through compression and buy-back, burning up to 7.5% of the supply.
✔️ Implementing security tools to ward off common attacks.
✔️ Velocity smart contracts for price stability
✔️ Contract-for-Difference (CFD) NFTs for boosting native token prices.
✔️ C-tokens to ease pressure on native token prices for staked or deposited tokens.

This plan paves the way for a strong uptrend in native token values after Swap 2.0 unfreezing.

You, as a NIMB or GNIMB holder, retain price potential and monetization freedom and can:

1️⃣ Sell tokens at market prices.
2️⃣ List tokens on a buy-back waiting list with prices from 0.0003 to 0.5 USDT.
3️⃣ Restake tokens at a reference price of 0.0003 USDT.

These options prevent losses and provide opportunities for achieving financial results with token prices up to 0.5 USDT per NIMB. Also, there's a sales option at 1 USDT for liquidity provision, staking, and standard purchases.

With Swap 2.0, your token portfolios are secure, and you have the freedom to choose. Nimbus Platform continues to offer technical solutions to help you reach your financial goals 🌟
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Hey Nimbus Community! 👋

Exciting news on the Nimbus Platform! Yesterday, we introduced a fresh Staking option to our growing array of functionalities: NIMB Hard Staking with 10% APR for 1 year 🔥

Note that the rewards will be accrued in USDT tokens 🚀

To be able to proceed with this Staking option, consider exchanging the old price tokens to the new ones, as communicated in previous messages.

Don't miss out on this opportunity – head over to the platform and give it a try! 👉 https://app.nimbusplatform.io/#/staking

Seize the moment and power up your staking journey with Nimbus! 💪
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Hey Nimbus Community 👋

We keep covering the burning questions regarding the Swap 2.0 launch, hence the new AMA series episode is LIVE 🔥

🔍 Q: How this transition will benefit GNIMB and NIMB holders? How will it affect token prices to help users make rewards in the short, medium, and long run?

📢 A: In addition to the previous answers related to this topic, let's summarize few points. Here are the key points that explain the benefits to Nimbus token holders👇

📌 Tokens no longer experience price drops - we've addressed this issue, as previously explained;
📌 Meanwhile, holders have two options: they can either start new staking at the current token price or add tokens to a waiting list to sell at prices from 0.0003 USDT up to 0.5 USDT for NIMB. Soon, we'll offer a similar option for GNIMBs.
📌 Staking rewards remain the same as before.
📌 The new tools (NFTs) we're currently working on also benefit existing holders.
📌 The liquidity provision option is available to current holders and is beneficial with a low level of risk related to market volatility.

🔍 Q: Could you provide clear and transparent information regarding the initial prices of NIMB (1 USDT) and GNIMB (64 USDT) in the upcoming Swap 2.0? Will all token holders have the opportunity to sell their tokens at these initial prices during the swap?

📢 A: It's quite straightforward: in the Swap 2.0, the initial prices for NIMB and GNIMB will be 1 USDT and 64 USDT, respectively. Anyone who purchases these tokens at these prices will indeed have the opportunity to sell them at that price or potentially at a higher value. We've previously addressed other scenarios with detailed explanations, so you can find further information in our previous responses. In a nutshell, holders of tokens acquired at previous price levels have various alternative options for selling them, with diverse outcomes. This includes buyback price ranges spanning from 0.0003 USDT to 0.5 USDT.
Hey Nimbus Community 👋

🚀 Get ready for some thrilling updates for Nimbus Plus members!

1️⃣ Now you can make all acquisitions within the Program using the power of BNB and USDT tokens 🪙

2️⃣ Experience the excitement as rewards for Staking are now paid in USDT tokens, ensuring more stability in the long-run.

Indulge in an exquisite experience and discover the features that Nimbus Plus beholds now 👉 https://leader.nimbusplatform.io/

Stay tuned for more updates! 👀 Let the Nimbus adventure continue!
Hey Nimbus Community 👋

We're thrilled to share a significant update on the ongoing Swap 2.0 transition process! Here's what you need to know 👇

This week, 70,050,048 NIMB tokens have been successfully burnt 🔥 This reflects a crucial step in the withdrawal of tokens from circulation, actively contributing to the stabilization of the NIMB token rate at an impressive 1 USDT.

Curious to delve deeper into the details? You can find a comprehensive breakdown of the burnt tokens and the associated transactions on the Platform interface (as shown on the image) or at this link: https://bscscan.com/tx/0x98aeb8bcf4f2f1dc47420b8f635b2cac4c36e2c859c21bb589c2ea88bb89b378
Hey Nimbus Community 👋

🔍 You all know we're committed to our strategy of withdrawing tokens at old rates to stabilize the new ones. As part of this approach, our tokens have been delisted from LBank Exchange, meaning you can no longer operate with NIMB tokens there 🔄

🚀 Meanwhile, it's time to move forward, as we have big plans in the pipeline! New listings and partnerships are in the works, so keep a close eye on updates. Exciting developments await, especially with the upcoming launch of Swap 2.0! 🙌
Hey Nimbus Community 👋

We're thrilled to announce the GNIMB Hard Staking functionality, a groundbreaking feature offering 4% APR for a one-year Staking period, will become available on our platform this upcoming Monday, December 4, 2023!

Here's a breakdown of how GNIMB Hard Staking will work👇

1️⃣ Calculation of Future Staking Value: The system calculates the equivalent value of future Staking based on the current rate of 0.02 USDT. For instance, if a user adds 10,000 GNIMB, the system calculates it as 200 USDT.
2️⃣ Adding Assets to Staking: The system adds an amount of GNIMB tokens eq. of 200 USDT (at the rate of 64.125 USDT) to the Hard Staking. In the example, it's calculated as 200/64.125 = 3.12 GNIMB. It is worth mentioning that GNIMB Hard Staking does not imply any compression, meaning you are still getting your initially staked amount back after the locking period ends❗️
3️⃣ Locking of Remaining GNIMB: The system locks the remaining GNIMB until the end of the Staking period. Note that the rewards are not accrued for this amount. In the example, this is 10,000 - 3.12 = 9,996.88 GNIMB.
4️⃣ Accrual and Payout of Rewards: Rewards accrue throughout the Staking period and are paid in USDT tokens. Using the example, rewards are paid from the 3.12 GNIMB, resulting in a reward of 3.12 * 4% * 64.125 = 8 USDT. Note that you can withdraw rewards at any time given within the Staking period.
5️⃣ Getting Your Assets Back: At the end of the one-year Staking period, users can withdraw both the initially staked amount, i.e. 10,000 GNIMB, and their rewards, i.e. 8 USDT (if they haven't done it before).

This innovative GNIMB Hard Staking feature will not only provide a substantial APR but also offer a seamless and rewarding staking experience for our community members. Don't miss out on the opportunity to maximize your gains with GNIMB Hard Staking!

Stay tuned for more updates 🙌
Hey Nimbus Community 👋

The Inquisition Friday happened again last week! Here's what you need to know 👇

This time, 90,719,011.85 NIMB tokens have been successfully burnt 🔥 This reflects a crucial step in the withdrawal of tokens from circulation, actively contributing to the stabilization of the NIMB token rate at an impressive 1 USDT.

You can find a comprehensive breakdown of the burnt tokens and the associated transactions on the Platform interface or at this link: https://bscscan.com/tx/0x4e70afadb7836f4411659ff6e4ba3a3313c8e2dea5d8f9b92c0cce7ebe4d6c4d
Hey Nimbus Community 👋

The GNIMB Hard Staking functionality, a groundbreaking feature offering 4% APR for a one-year Staking period, is now LIVE on the Platform 🥳

You can try it and start getting benefits from its use now 👉 https://app.nimbusplatform.io/#/staking

Stay tuned for more updates 🙌
Hey Nimbus Community 👋

We are thrilled to announce the upcoming launch of another functionality enabling you to benefit from the Nimbus Platform use!

And we're talking about LP Staking 🔥

Two new options will be available to the users soon:
✅️ NIMB-USDT LP Staking, 8% APR with rewards accrued in USDT
✅️ GNIMB-USDT LP Staking, 8% APR with rewards accrued in USDT

💡 For the old LP Staking options (NIMB-BNB & GNIMB-BNB), the rate of 2% APR with rewards accrued in NIMB

Stay tuned for more updates 😉
Hey Nimbus Community 👋

🛠 We've got another update for the Nimbus Platform users. Building on our commitment to stabilizing the token rates, we've made the decision to adjust the APR level for the NIMB Hard Staking.

💡Starting today, the new APR level will be set at 4%, with rewards accrued in USDT tokens, providing enhanced stability and asset diversification for all of you.

🎄Wishing you a Merry upcoming Christmas and hoping you enjoy a wonderful holiday season!
Hey Nimbus Community 👋

Year 2️⃣0️⃣2️⃣3️⃣ is coming to an and, getting ready to give a stand to a new, even more promising and tempting year - 2️⃣0️⃣2️⃣4️⃣!

That wouldn't be right to finish this year without making conclusions and sharing the key insights highlighting what Nimbus has achieved in 2023 and what new heights it is going to achieve in 2024 😎

In this regard, we're happy to share the key development results over this year - with you, our dear users and stakeholders, since the primary goal we're always trying to achieving is maximizing the value for you all 🤝

Merry Christmas and Happy Holidays! 🎄