✌🏻Hey Nimbus Community!
👊This week was relatively calm for the crypto industry, even though many important events took place. For instance, UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a historic partnership. Potentially, this could bring higher visibility not only to the company but to the entire crypto industry.
💙 In Argentina, meanwhile, a member of the national congress submitted a bill to allow workers to receive a salary in bitcoin. The idea is that it could allow people to strengthen their autonomy and conserve the purchasing power of their salary. Argentines have been dealing with insane amounts of hyperinflation in the Argentine peso.
🥇Last but not least, Wyoming legally recognized America's first DAO. Long story short, mass adoption is coming to truly decentralized digital currencies. By the way, last year, Wyoming issued a state charter for crypto banks and has already licensed two: Kraken and Avanti.
Let us know how crypto-friendly is your country!
👊This week was relatively calm for the crypto industry, even though many important events took place. For instance, UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a historic partnership. Potentially, this could bring higher visibility not only to the company but to the entire crypto industry.
💙 In Argentina, meanwhile, a member of the national congress submitted a bill to allow workers to receive a salary in bitcoin. The idea is that it could allow people to strengthen their autonomy and conserve the purchasing power of their salary. Argentines have been dealing with insane amounts of hyperinflation in the Argentine peso.
🥇Last but not least, Wyoming legally recognized America's first DAO. Long story short, mass adoption is coming to truly decentralized digital currencies. By the way, last year, Wyoming issued a state charter for crypto banks and has already licensed two: Kraken and Avanti.
Let us know how crypto-friendly is your country!
Hey Nimbus Community👋
We know all our Bug Hunters have been waiting for this moment!😎
Remember the post that was released explaining the mechanics of the Bug Bounty Program? If not, let's refresh our memories 👉Here
There were 18 applications overall for the Nimbus Bug Bounty Program. According to the CVSS scoring system used to evaluate all participants, two of our Bug Hunters have reached the optimal levels required.
Both these Bug Hunters have been able to identify the "Low Threat level" vulnerabilities on the Nimbus Platform.
This is a direct indicator of the strong security and safety levels of smart contracts. With a three-tier audit and constant internal testing on behalf of our devs, we are confident in the Nimbus Platform.
The Two winning Bug Hunters will receive their share of rewards from a total reward fund!
And to all our Hunters who participated, we appreciate your competitiveness! All participants will receive results via email shortly.
Nimbus is currently in a rapid development process — hence, there will be many more phases of the Bug Bounty Program.
So, stay tuned for even more opportunities and we thank you for your efforts in joining the Nimbus team to keep the platform safe and secure!
We know all our Bug Hunters have been waiting for this moment!😎
Remember the post that was released explaining the mechanics of the Bug Bounty Program? If not, let's refresh our memories 👉Here
There were 18 applications overall for the Nimbus Bug Bounty Program. According to the CVSS scoring system used to evaluate all participants, two of our Bug Hunters have reached the optimal levels required.
Both these Bug Hunters have been able to identify the "Low Threat level" vulnerabilities on the Nimbus Platform.
This is a direct indicator of the strong security and safety levels of smart contracts. With a three-tier audit and constant internal testing on behalf of our devs, we are confident in the Nimbus Platform.
The Two winning Bug Hunters will receive their share of rewards from a total reward fund!
And to all our Hunters who participated, we appreciate your competitiveness! All participants will receive results via email shortly.
Nimbus is currently in a rapid development process — hence, there will be many more phases of the Bug Bounty Program.
So, stay tuned for even more opportunities and we thank you for your efforts in joining the Nimbus team to keep the platform safe and secure!
Hey Nimbus Community👋
Are you ready to exchange any ERC-20 & BEP-20 tokens at your own conditions and with full anonymity? That's one of the many incredible benefits of the Nimbus P2P Exchange that is soon to be launched! 😎
Don't remember? Read our blog post 👉Here!
While you wait for the launch — gear up to win from a reward fund of 3,000 NBUs!🤩
Follow the Twitter link to know more about the conditions of the contest👇
https://twitter.com/nmbplatform/status/1414674406064939014
Are you ready to exchange any ERC-20 & BEP-20 tokens at your own conditions and with full anonymity? That's one of the many incredible benefits of the Nimbus P2P Exchange that is soon to be launched! 😎
Don't remember? Read our blog post 👉Here!
While you wait for the launch — gear up to win from a reward fund of 3,000 NBUs!🤩
Follow the Twitter link to know more about the conditions of the contest👇
https://twitter.com/nmbplatform/status/1414674406064939014
The P2P Exchange is officially LIVE!🎊🥳
Now you can:
✅ Exchange on your own conditions: pick any ERC-20 & BEP-20 token, set any price and any volume
✅ Forget about price slippage due to lack of liquidity
✅ Enjoy the highest security standards and full control — your tokens are sent directly to the smart contracts on-chain without any third-party intervention. The Nimbus smart contracts with top audit score act as your escrow.
It is an exciting event, as we have reached not one but 2 milestones:
💎This launch concludes the Nimbus Exchange product line. With a DEX and P2P Exchange any user will be able to exchange tokens with maximum convenience and efficiency!
Check it out 👉 Here
Now you can:
✅ Exchange on your own conditions: pick any ERC-20 & BEP-20 token, set any price and any volume
✅ Forget about price slippage due to lack of liquidity
✅ Enjoy the highest security standards and full control — your tokens are sent directly to the smart contracts on-chain without any third-party intervention. The Nimbus smart contracts with top audit score act as your escrow.
It is an exciting event, as we have reached not one but 2 milestones:
💎This launch concludes the Nimbus Exchange product line. With a DEX and P2P Exchange any user will be able to exchange tokens with maximum convenience and efficiency!
Check it out 👉 Here
Last week we asked you if you'd like to test out the demo versions of upcoming functionalities.
87% of you folks voted for it! ☑️
You want it — you got it😎
Check out the Lending-Borrowing dApp demo 👉 Here!
But remember, this is still a raw version that requires testing and UX/UI improvement!
That’s why it’d be great if you share your feedback about the bugs and errors you encounter with us: 📲 product@nimbusplatform.io
In order to test out the dApp demo, you need 2 things:
1️⃣ Switch to the testnet — “Ropsten” for Ethereum and “Smart Chain Testnet” for BSC.
2️⃣ Get some test tokens:
Here’s how you can receive them on BSC:
Go to the BSC testnet website — Here
Insert your MetaMask wallet address
Now, according to the network rules, you can take out BNB test tokens once a day
Come to the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens.
In order to test out the dApp demo on Ethereum network, simply do the same. The Ethereum testnet website is here
Happy Testing!😎
87% of you folks voted for it! ☑️
You want it — you got it😎
Check out the Lending-Borrowing dApp demo 👉 Here!
But remember, this is still a raw version that requires testing and UX/UI improvement!
That’s why it’d be great if you share your feedback about the bugs and errors you encounter with us: 📲 product@nimbusplatform.io
In order to test out the dApp demo, you need 2 things:
1️⃣ Switch to the testnet — “Ropsten” for Ethereum and “Smart Chain Testnet” for BSC.
2️⃣ Get some test tokens:
Here’s how you can receive them on BSC:
Go to the BSC testnet website — Here
Insert your MetaMask wallet address
Now, according to the network rules, you can take out BNB test tokens once a day
Come to the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens.
In order to test out the dApp demo on Ethereum network, simply do the same. The Ethereum testnet website is here
Happy Testing!😎
✋Hey Nimbus Community,
😎 Have you ever imagined yourself watching a movie about crypto in the cinema? Sounds like Daft Punk, doesn´t it? Well, the future is almost here - a documentary film team is working on the first feature-length documentary about Ethereum. By the way, you could also participate by donating some coins to the Ethereum Foundation. Maybe we should also make one about the DeFi industry? Let us know what you think!
👌 In the meantime, Australian authorities are considering the creation of an entirely new type of legal entity under the Corporations Act: a limited liability “DAO”. It might make Australia an attractive place for digital asset businesses to be based, as groups of local DeFi entrepreneurs shift offshore to jurisdictions including Singapore and Germany.
🏋️♂️ In Asia, on the other hand, Thailand’s Siam Commercial Bank shared its plans to invest in DeFi to prepare for an era of disintermediation. No doubt, soon we will see more news like this! Maybe Goldman Sachs will be next?
😎 Have you ever imagined yourself watching a movie about crypto in the cinema? Sounds like Daft Punk, doesn´t it? Well, the future is almost here - a documentary film team is working on the first feature-length documentary about Ethereum. By the way, you could also participate by donating some coins to the Ethereum Foundation. Maybe we should also make one about the DeFi industry? Let us know what you think!
👌 In the meantime, Australian authorities are considering the creation of an entirely new type of legal entity under the Corporations Act: a limited liability “DAO”. It might make Australia an attractive place for digital asset businesses to be based, as groups of local DeFi entrepreneurs shift offshore to jurisdictions including Singapore and Germany.
🏋️♂️ In Asia, on the other hand, Thailand’s Siam Commercial Bank shared its plans to invest in DeFi to prepare for an era of disintermediation. No doubt, soon we will see more news like this! Maybe Goldman Sachs will be next?
Hey Nimbus Community👋
As you may have already noticed, the GNBU (ERC-20) token has officially been listed on CoinMarketCap, the world's most referenced crypto tracking website!🥳🎉
Make sure to add the GNBU token to your Watchlist by clicking the ⭐️ button right next to the ticker!
Check it out 👉 Here!
It has also been listed on CoinTracker, a software where over 450,000 users track their crypto portfolio and calculate taxes.
Check it out 👉 Here!
Now you have plenty of ways to keep track of the GNBU (ERC-20) token while reaping the benefits of exposure!📈
P.S. The NBU & GNBU (BEP-20) tokens listing are also on the way!
As you may have already noticed, the GNBU (ERC-20) token has officially been listed on CoinMarketCap, the world's most referenced crypto tracking website!🥳🎉
Make sure to add the GNBU token to your Watchlist by clicking the ⭐️ button right next to the ticker!
Check it out 👉 Here!
It has also been listed on CoinTracker, a software where over 450,000 users track their crypto portfolio and calculate taxes.
Check it out 👉 Here!
Now you have plenty of ways to keep track of the GNBU (ERC-20) token while reaping the benefits of exposure!📈
P.S. The NBU & GNBU (BEP-20) tokens listing are also on the way!
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Hey Nimbus Community👋
The P2P Exchange Twitter Contest has concluded!
As promised, it's time for the lucky winners🏆who will be receiving a share from a reward fund of 3,000 NBUs! Check winners list in the image above👆
Congratulation!🥳 The airdrops will be sent to your wallets shortly!
And for the rest of you who participated, we thank you for your participation🙏
The P2P Exchange Twitter Contest has concluded!
As promised, it's time for the lucky winners🏆who will be receiving a share from a reward fund of 3,000 NBUs! Check winners list in the image above👆
Congratulation!🥳 The airdrops will be sent to your wallets shortly!
And for the rest of you who participated, we thank you for your participation🙏
⚙️The Platform is currently under maintenance but it will be functional soon. Thank you for your patience
Hey Nimbus Community👋
The Referral Program conditions have been updated — and a new Referral guide is out!😎
The guide will explain you how to start receiving 3 types of rewards:
1️⃣10% reward from all NBUs acquired by your friends on level 1;
2️⃣ Up to 0,15% from all swaps made by your friends;
3️⃣ And up to 60% APY on the Staking of the NBUs acquired via the Program.
Check it out 👉here!
Why we updated the Referral Program conditions?
After gathering the community’s feedback, we realized we need to make the Program more user-friendly and accessible for users worldwide!🌍
Now, it should be doing an even better job in incentivizing the Platform usage and promoting prosperity for the community. We hope you like the updates and find the guide useful
Now go ahead and invite your friends — you can get started 👉here!
The Referral Program conditions have been updated — and a new Referral guide is out!😎
The guide will explain you how to start receiving 3 types of rewards:
1️⃣10% reward from all NBUs acquired by your friends on level 1;
2️⃣ Up to 0,15% from all swaps made by your friends;
3️⃣ And up to 60% APY on the Staking of the NBUs acquired via the Program.
Check it out 👉here!
Why we updated the Referral Program conditions?
After gathering the community’s feedback, we realized we need to make the Program more user-friendly and accessible for users worldwide!🌍
Now, it should be doing an even better job in incentivizing the Platform usage and promoting prosperity for the community. We hope you like the updates and find the guide useful
Now go ahead and invite your friends — you can get started 👉here!
The GNBU (ERC-20) token is now officially listed on Zerion!🚀✨
Check it out👉 Here!
Zerion is an award-winning crypto investment platform used by over 200K investors from over 150 countries! According to Zerion's website, their users have made transactions worth +$600 million so far, while their application processes $5 million worth of overall transactions every day.
Over the past couple of months, we have achieved several milestones, including launching Nimbus on BSC, deploying the Wrap Machine, releasing the P2P Exchange, and some back-to-back listings. Quite productive, eh!
But this is just the beginning! With the launch of the Lending-Borrowing dApp on the horizon, many more opportunities await you!😎
GNBU and NBU (BEP-20) listings are on the way, too!
Check it out👉 Here!
Zerion is an award-winning crypto investment platform used by over 200K investors from over 150 countries! According to Zerion's website, their users have made transactions worth +$600 million so far, while their application processes $5 million worth of overall transactions every day.
Over the past couple of months, we have achieved several milestones, including launching Nimbus on BSC, deploying the Wrap Machine, releasing the P2P Exchange, and some back-to-back listings. Quite productive, eh!
But this is just the beginning! With the launch of the Lending-Borrowing dApp on the horizon, many more opportunities await you!😎
GNBU and NBU (BEP-20) listings are on the way, too!
🔐 Hey folks, wondering what Nimbus audit results are? Then we have good news for you: Hacken has just published an article about collaboration with Nimbus!🚀
Learn more in Hacken’s official publication 👉 Here!
You can find the audit report on our website
Nimbus’s Security mechanism is 3X reinforced:
✅ With Hacken as our main security auditor
✅ Constant internal testing and external auditors
✅ Launching security boosting bug bounty program with our community
We are confident in the high security standards of the Nimbus Platform and in ensuring the prosperity of our community!
📲 In the meantime, have you tried the demo version of the Lending-Borrowing dApp yet? If not, follow this post for more details on how to do that 👉 Here!
Your feedback really helps us ensure the best user experience for our future functionalities.
So please, do share all your comments here👇
Nimbus Telegram chat admin: @Viktor_Nimbus_Support
Nimbus email: product@nimbusplatform.io
Stay tuned for more updates!
Learn more in Hacken’s official publication 👉 Here!
You can find the audit report on our website
Nimbus’s Security mechanism is 3X reinforced:
✅ With Hacken as our main security auditor
✅ Constant internal testing and external auditors
✅ Launching security boosting bug bounty program with our community
We are confident in the high security standards of the Nimbus Platform and in ensuring the prosperity of our community!
📲 In the meantime, have you tried the demo version of the Lending-Borrowing dApp yet? If not, follow this post for more details on how to do that 👉 Here!
Your feedback really helps us ensure the best user experience for our future functionalities.
So please, do share all your comments here👇
Nimbus Telegram chat admin: @Viktor_Nimbus_Support
Nimbus email: product@nimbusplatform.io
Stay tuned for more updates!
Hey Nimbus community✋
👽No matter what no matter when crypto will emerge again — that should be the new slogan of Tesla after Elon Musk again said that the company is most likely to resume accepting bitcoin as a form of payment once the mining rate for the cryptocurrency reaches 50% renewables.
🍏In the meantime, one of the "fathers" of Ethereum blockchain urged the crypto community to innovate beyond the confines of decentralized finance. To be more precise, he outlined several non-financial applications for Ethereum, including decentralized social media, identity verification and attestation, and retroactive public goods funding.
🧠 Jamie Burke, the UK-based CEO of Outlier Ventures, on the other hand, said that DeFi will eventually mature and be co-opted back into mainstream finance. “I think of DeFi as a sandbox: I’ve got a concept. I can test, validate that concept. I can understand the economics of it in this permissionless sandbox that is DeFi.”
👽No matter what no matter when crypto will emerge again — that should be the new slogan of Tesla after Elon Musk again said that the company is most likely to resume accepting bitcoin as a form of payment once the mining rate for the cryptocurrency reaches 50% renewables.
🍏In the meantime, one of the "fathers" of Ethereum blockchain urged the crypto community to innovate beyond the confines of decentralized finance. To be more precise, he outlined several non-financial applications for Ethereum, including decentralized social media, identity verification and attestation, and retroactive public goods funding.
🧠 Jamie Burke, the UK-based CEO of Outlier Ventures, on the other hand, said that DeFi will eventually mature and be co-opted back into mainstream finance. “I think of DeFi as a sandbox: I’ve got a concept. I can test, validate that concept. I can understand the economics of it in this permissionless sandbox that is DeFi.”
The boosted Staking Rewards Program ends tomorrow July 27 at 12:00 PM (GMT)!
This is your last chance to earn up to 80% APY on Nimbus Staking!
Why you shouldn’t miss out on this?🙌
If you put assets in the Hard Staking even at the last minute before the program ends, the increased reward rate will be available to you for the entire minimum staking period.
This means that whether you use the 60-day or 180-day Hard Staking, you will receive the increased rewards for the entire minimum staking period of 60 or 180 days, respectively!😎
Get your Monday Motivation back up with Nimbus!
Stake NOW 👉Here
This is your last chance to earn up to 80% APY on Nimbus Staking!
Why you shouldn’t miss out on this?🙌
If you put assets in the Hard Staking even at the last minute before the program ends, the increased reward rate will be available to you for the entire minimum staking period.
This means that whether you use the 60-day or 180-day Hard Staking, you will receive the increased rewards for the entire minimum staking period of 60 or 180 days, respectively!😎
Get your Monday Motivation back up with Nimbus!
Stake NOW 👉Here
While we’re waiting for the Lending-Borrowing dApp to go live in the coming days, let us share some flashbacks from the Nimbus Private Dinner held in May 2021 in Dubai.
The next season of events for all DeFi projects will begin soon — and so will it for your Nimbus. But this time, we’ll have even more to offer to potential users and partners!😎
👉 Check the video here and subscribe to our YouTube channel📲
The next season of events for all DeFi projects will begin soon — and so will it for your Nimbus. But this time, we’ll have even more to offer to potential users and partners!😎
👉 Check the video here and subscribe to our YouTube channel📲
🤩The Lending & Borrowing dApps are officially LIVE!🥳🎉
Why become a Lender? Easy!👇
✅ Be smart: don’t leave your ETH & BNB static in your wallet! Better provide them as liquidity for loans and start receiving rewards in ETH & BNB. This is arguably even cooler than Staking!😉
✅ Full freedom to withdraw your assets any time
✅ Sleep well knowing that all loans are overcollateralized — your assets cannot be lost💪
And what about the Borrowers? Borrow assets to boost your earning strategy and enjoy:
✅ Fixed APR for any token — which gives you full control without surprises
✅ Customizable collateral level of 120%-1000% for any token — so you yourself can decide how to back up your loan for a hassle-free experience
✅ Say goodbye to loan liquidation risk — use our special widget for tracking your collateral and ensuring full coverage of your loan at any time!
But hey, it’s time to try it yourself!😎👉 Here!
P.S. As of today, you can use ETH, USDT, BNB, and BUSD, but more tokens will be added soon! 🚀
Why become a Lender? Easy!👇
✅ Be smart: don’t leave your ETH & BNB static in your wallet! Better provide them as liquidity for loans and start receiving rewards in ETH & BNB. This is arguably even cooler than Staking!😉
✅ Full freedom to withdraw your assets any time
✅ Sleep well knowing that all loans are overcollateralized — your assets cannot be lost💪
And what about the Borrowers? Borrow assets to boost your earning strategy and enjoy:
✅ Fixed APR for any token — which gives you full control without surprises
✅ Customizable collateral level of 120%-1000% for any token — so you yourself can decide how to back up your loan for a hassle-free experience
✅ Say goodbye to loan liquidation risk — use our special widget for tracking your collateral and ensuring full coverage of your loan at any time!
But hey, it’s time to try it yourself!😎👉 Here!
P.S. As of today, you can use ETH, USDT, BNB, and BUSD, but more tokens will be added soon! 🚀
🤔 The crypto summer is back on the roll with Bitcoin recovering $40,000 level. Still, it needs one more boost to break the key resistance level. So what should happen? One of the options could be an approval of exchange-traded funds based on bitcoin in the United States. By the way, Coinbase is quite optimistic that it will happen as early as this year or 2022.
🥕In this context, it shouldn’t be a surprise that the most perspective sector of the industry, decentralized finance, continues to gain traction. According to the latest statistics, the number of users or unique addresses using DeFi protocols through Ethereum has exceeded 3 million. It is worth mentioning that DEX statistics show that global swaps grew to $15bn.
🤟Soft drink maker Coca-Cola plans to release the NFT collection to celebrate International Friendship Day.
🥳 Did you know that this Friday Ethereum celebrated its birthday?
Do you think it is a good idea to acquire Non-fungible tokens? Let us know in the comments!
🥕In this context, it shouldn’t be a surprise that the most perspective sector of the industry, decentralized finance, continues to gain traction. According to the latest statistics, the number of users or unique addresses using DeFi protocols through Ethereum has exceeded 3 million. It is worth mentioning that DEX statistics show that global swaps grew to $15bn.
🤟Soft drink maker Coca-Cola plans to release the NFT collection to celebrate International Friendship Day.
🥳 Did you know that this Friday Ethereum celebrated its birthday?
Do you think it is a good idea to acquire Non-fungible tokens? Let us know in the comments!
The Guide on P2P Exchange has been published!
Check it out 👉 Here
In this guide, you will find detailed step-by-step instructions and illustrations on:
✅ Creating deals for exchanging any ERC-20 & BEP-20 tokens based on your own terms,
✅ Interacting with the trader who replied to your offer,
✅ Finalizing orders and securely receiving the new assets via the escrow...and more!
Now you have all the information you need to exchange any ERC-20 & BEP-20 tokens in a fully decentralized manner!😎
If you experience any other roadblocks while interacting with the dApp, write to us 👉 Here!
Check it out 👉 Here
In this guide, you will find detailed step-by-step instructions and illustrations on:
✅ Creating deals for exchanging any ERC-20 & BEP-20 tokens based on your own terms,
✅ Interacting with the trader who replied to your offer,
✅ Finalizing orders and securely receiving the new assets via the escrow...and more!
Now you have all the information you need to exchange any ERC-20 & BEP-20 tokens in a fully decentralized manner!😎
If you experience any other roadblocks while interacting with the dApp, write to us 👉 Here!
The Guide on Nimbus Wrap Machine is Live now!
📚 With the guide, you will know your way around the Wrap Machine and its unique features!
Don’t remember what features we are talking about?
Here they are:
✔️ Convert NBU & GNBU ERC-20 tokens to BEP-20 standards without worrying about the market fluctuations (the conversion happens directly between units)
✔️ Take advantage of the token value differences
✔️ Enjoy all Nimbus functionality with lower gas fees on Binance Smart Chain
Check out the guide👉 Here
🔄 If you’re facing any issues when using the Wrap Machine, please feel free to share your feedback. Send your request via Zendesk, choose “General” topic and fill in all the fields. After that your application will be processed. Also, you can always leave feedback & report your problem in our official chats!
📚 With the guide, you will know your way around the Wrap Machine and its unique features!
Don’t remember what features we are talking about?
Here they are:
✔️ Convert NBU & GNBU ERC-20 tokens to BEP-20 standards without worrying about the market fluctuations (the conversion happens directly between units)
✔️ Take advantage of the token value differences
✔️ Enjoy all Nimbus functionality with lower gas fees on Binance Smart Chain
Check out the guide👉 Here
🔄 If you’re facing any issues when using the Wrap Machine, please feel free to share your feedback. Send your request via Zendesk, choose “General” topic and fill in all the fields. After that your application will be processed. Also, you can always leave feedback & report your problem in our official chats!
Slippage, Price impact, APY, APR, Collateralization level… Have you ever been confused with all these DeFi terms? If so, this post is for you!😎
🎓 Learn DeFi basics with Nimbus Glossary!📖
Nimbus Glossary is a series of educational posts where we explain the key terms in DeFi. Once you know what they stand for, you’re well-equipped to benefit the most from DeFi — and Nimbus Platform in particular!
And while you learn, you can also participate in interactive contests to receive rewards and test your knowledge!💪🎁
Check out the current contest! All you have to do is rephrase the definition of the term“Vesting” in your own words on Twitter — so that even a 5-year-old could understand👶
We will pick 2 winners and send 200 NBU to each.
See the participation conditions and share your ideas here 👉 LINK
#NimbusGlossary
🎓 Learn DeFi basics with Nimbus Glossary!📖
Nimbus Glossary is a series of educational posts where we explain the key terms in DeFi. Once you know what they stand for, you’re well-equipped to benefit the most from DeFi — and Nimbus Platform in particular!
And while you learn, you can also participate in interactive contests to receive rewards and test your knowledge!💪🎁
Check out the current contest! All you have to do is rephrase the definition of the term“Vesting” in your own words on Twitter — so that even a 5-year-old could understand👶
We will pick 2 winners and send 200 NBU to each.
See the participation conditions and share your ideas here 👉 LINK
#NimbusGlossary
Hey Nimbus Community👋
Yesterday we released the definition of the term “Slippage” and a contest for you to win rewards while you learn!🎓
Now that you’re all familiar with this term’s meaning, here’s how you can benefit from this knowledge👇
💡While interacting with the Nimbus Swap, you can set the maximum acceptable slippage to receive the desired exchange outcome.
All you have to do is simply click on the “Settings” section of the platform’s main menu and set a slippage tolerance there!😎
Here’s an example:
Let’s say you want to exchange BNB to NBU and you set 1% slippage. This means that if the exchange rate changes by more than 1% before the transaction gets confirmed on the blockchain, the transaction will be automatically canceled. This way you will receive precisely the assets that you expected and won't end up with an unfavorable rate. Yay!
Go and try it now: LINK
#NimbusGlossary #NimbusTips
Yesterday we released the definition of the term “Slippage” and a contest for you to win rewards while you learn!🎓
Now that you’re all familiar with this term’s meaning, here’s how you can benefit from this knowledge👇
💡While interacting with the Nimbus Swap, you can set the maximum acceptable slippage to receive the desired exchange outcome.
All you have to do is simply click on the “Settings” section of the platform’s main menu and set a slippage tolerance there!😎
Here’s an example:
Let’s say you want to exchange BNB to NBU and you set 1% slippage. This means that if the exchange rate changes by more than 1% before the transaction gets confirmed on the blockchain, the transaction will be automatically canceled. This way you will receive precisely the assets that you expected and won't end up with an unfavorable rate. Yay!
Go and try it now: LINK
#NimbusGlossary #NimbusTips