The three winners of the Nimbus Academy contest have been selected!🏆👏

Each winner has been notified in the comments below the video.

To check if you are one of the winners:
1️⃣ Go to the Nimbus Academy episode and check your comment
2️⃣ If you received a reply with congratulations from the Nimbus team — your week is going to start with a 1000 NBU airdrop!

Don’t get upset if you didn’t win, you will have plenty of chances to try your luck in the next episodes😎

The Nimbus Glossary is back!😎

Today we will explain another key term in DeFi — ✨ APY! ✨

This will help you understand your reward output better — check the image above 👆

Also, here are some interesting facts for you:
✔️ APY is a common term used in both the traditional financial markets and DeFi
✔️ On average, APY in DeFi is significantly higher than in traditional finance
✔️ Staking is one of the most fundamental DeFi mechanisms wherein APY is a key term
✔️ Nimbus Staking was rated by NewsBTC to be the top 3 staking opportunities in DeFi so now that you’re 100% sure how your rewards get calculated — go ahead and try it yourself!🚀

#NimbusAcademy #NimbusGlossary

The NBU (BEP-20) token is officially listed on Koinbazar in NBU/USDT and NBU/INR pairs!🎊

Now you can:
✅ Get access to the NBU (BEP-20) without the need of using the MetaMask wallet and paying gas fees
✅ Acquire NBU with fiat: the Indian Rupee — great news for our ever growing Indian community!🎉
✅ Benefit from the boost in the community growth

Check it out👇
NBU/USDT
NBU/INR

​​​​🔥Crypto weekly update🔥

😳As expected, since the announcement of Ethereum's “London” hard fork, prices for ETH and related projects have skyrocketed. Still, the Ethereum blockchain has major changes ahead. As the ESG trend gains popularity, the second popular cryptocurrency is increasingly criticized for its heavy energy usage and carbon emissions. To satisfy the “green community”, developers will be forced to move the blockchain to a proof-of-stake system from a proof-of-work system eventually. Buterin expects the merge to Ethereum 2.0 to take place in early 2022 but it could come as early as late 2021. 

By the way, we at Nimbus are also developing something new in accordance with the ESG trend — stay tuned to learn more!😎

🤓In the meantime, the crypto community is monitoring another important theme – Bitcoin futures on the Chicago Mercantile Exchange (CME). Currently, U.S. banking giant Citigroup is awaiting regulatory approval to begin trading bitcoin futures contracts on the CME. Following megabank Goldman Sachs, Citigroup also wants to get its part of the pie by offering cryptocurrency exposure to its clients.

🥳Finally, yet importantly, a demand for NFT tokens continues to surge. Visa recently announced a purchase of CryproPunk 7610 for $150,000. In addition, the company noted that it is creating tools for participation in a new area, and also announced the release of its system (API) for buying cryptocurrencies, which will be integrated with banks.

Do you think the crypto industry will still remain anonymous with all these trends?

​​Today we are sharing with you an overview that will answer some of your most burning questions and will certainly give you a comprehensive idea of our future plans and more!🚀

What makes it so special is the fact that the information within this paper is being shared with the community for the first time!

Here are a few highlights of what you will find out in the document:
✅ What is the background and philosophy of Nimbus?
✅ How technology plays a role in the ecosystem, and which technologies are we keen on leveraging?
✅ What is Nimbus Business Model?
✅ What are the upcoming dApps and hybrid DeFi instruments you can look forward to?
✅ What are the most important values that Nimbus believes in?
✅ What is the Regulatory framework model and how does it put Nimbus as a pioneer?
….and more!

Check it out 👉Here!

We'd love to hear your feedback and opinions🙏🏼

✋Hey Nimbus Community,

Here's your chance to win $30 worth of NBU tokens by simply answering a question in our latest Twitter Contest!

Go check it out 👉Link

✋Hey Nimbus Community,

Are you ready to learn another DeFi term?

Today we are talking about – ✨Impermanent Loss!✨Check the image above to discover the meaning👆

And for bonus news for you — the second episode of the Nimbus Academy is coming soon!

This time we'll be diving deep into the concept of liquidity providing. Meaning, impermanent loss will be a very important topic in this episode!

Here’s what you will discover in this Episode:
✅ Learn to pick promising pairs and projects for providing liquidity
✅ Find out what’s the difference between impermanent and permanent losses - and how to avoid them!
✅ Discover strategies of maximizing your rewards while providing liquidity
✅ Find out how to earn 100% APY as an LP at Nimbus
...and more!

Subscribe to our 👉YouTube channel 👈 and hit the 🔔 icon, so you don't miss the upcoming episodes!

🤚Hey Nimbus Community,

As a part of our venture to convey a deeper understanding of the Nimbus Platform and its product synergies, we have taken up the time to create a detailed infographic content for you.

Today, we are sharing an infographic on Nimbus Soft Staking! Check the image above👆

With this schematic representation, you will be able to understand:
✅ The soft staking conditions
✅ The benefit of being able to withdraw your deposit at any time desired — no lock-up!
✅ Claiming your rewards!
...and more!

Let us know what you think about this content format: would you like to have more visual explanations of this sort? All your feedback is highly appreciated🙏

​​Friday tradition! Crypto weekly update🔥

💯These past few years have shown that no matter what the market looks like, the development in the crypto industry will not be disrupted. This thinking is based on two key arguments: first, there is simply too much money in the sector, and second, blockchain and digital currencies are the future and hardly anyone can argue with this statement. Otherwise, why would governments all over the world work on so-called central bank digital currencies or CBDCs?

📢 The crypto exchange OKEx has launched a new platform dedicated to boosting the adoption of DeFi and non-fungible tokens. Do you think it will help accelerate NFT and DeFi adoption?

🔝The good news is that growing interest in cryptocurrencies also helps to boost DeFi industry. After a spectacular start to 2021 saw token valuations and trading volumes surge to ignite the current bull market, the DeFi sector as a whole took a break while the NFT sector stepped into the limelight. Some even claim that "DeFi Summer 2.0" is underway. What can you say here, let's hope they are right!

🙋🏼‍♀️The crypto adoption is in full swing – a couple of days ago, the “Legally Blonde” fame actress Reese Witherspoon has announced on Twitter that she bought her first ETH and how she's now active on "Crypto Twitter". Do you think Nimbus should collaborate with any celebrity?😏

🤚Hey Nimbus Community,

For the past few weeks, we have been working hard behind the scenes to streamline the Nimbus Platform's development process.
And then we thought: perhaps you’d be curious to stay in the loop with all the dev activities in real-time, too?

💡If so, we are introducing a way to get constant updates on development and product staging — even before the updates are launched on the mainnet!

Check out this page to view:
✅ New features that are being developed
✅ Bug fixes
✅ UI updates
.. and more, while it’s all in development!

After every two weeks, the updates you see there will be implemented on the Mainnet — unless further auditing is required.

All your feedback during the sprint weeks are highly encouraged and appreciated 🙏

🤚Hey Nimbus Community,

Today, the Nimbus Glossary will address another key DeFi concept – Liquidity pools!

Check the image above to discover the meaning 👆

This is a warm-up before the 2nd episode of the Nimbus Academy where we will cover the topic in much more detail — so get ready, it’s coming soon!

#NimbusAcademy #NimbusGlossary

Even for experienced crypto users, providing liquidity to DEX may seem risky and complicated...

🔥But you can avoid all these difficulties by simply watching the new Nimbus Academy episode! There, you will:

✔️Learn to pick the most promising pairs & projects
✔️Calculate your LP rewards
✔️Calculate the Impermanent Loss - or avoid it all together!
✔️Discover step-by-step strategies of boosting your LP rewards severalfold!
✔️Find out how to earn 100% APY as an LP at Nimbus
...and more!

All you have to do once you finish watching is simply go and implement these step-by-step strategies to boost your rewards!

🎁Moreover, you can also win 1,000 NBU by paying attention to the video content - see the contest conditions below the video 👉 here!😉

📲 Important Tech Update🚨

Please be informed that we are addressing some technical updates on the Nimbus Platform. The platform will remain temporarily unavailable.

We will update you as soon as the Maintenance has been concluded. Apologies for any inconvenience caused🙏

​​✌🏻Hey Nimbus community,

🧠 Without any doubt, the most important news story of the week was the adoption of Bitcoin as a legal tender in Salvador. By legalizing the first cryptocurrency, the country's president, Nayib Bukele, looks forward to attracting investment and helping the roughly 70% of Salvadorans who don't have access to "traditional financial services." Who would have thought just a few years ago that countries would accept cryptocurrency as legal tender?

👌 Following El Salvador, the Ukrainian Parliament adopted a law that legalizes and regulates cryptocurrency. Thus, Ukraine became the fifth country in as many weeks to lay down some ground rules for the cryptocurrency market, a sign that governments around the world are realizing that bitcoin is here to stay. If signed by the president, virtual assets, digital wallets and private keys are terms that will be enshrined in Ukrainian law.

👽 In this context, it shouldn’t be a surprise that even the international rating agency Moody's Investors Service has posted a vacancy for a crypto analyst. His task will include classifying traditional credit analysis methodology and identifying ways to integrate with the crypto asset valuation system. The work also involves participation in blockchain-related projects.

Which countries will be next to legalize cryptocurrencies?

🤚Hey Nimbus Community,

Time to announce the 3 lucky winners of the second Nimbus Academy Contest!🤩

https://twitter.com/diyon26
https://twitter.com/Naumi_Chan_
https://twitter.com/Herdhyas

Congratulations! To all our winners, please share your wallet addresses to @Viktor_Nimbus_Support

And for those of you who participated and didn’t win, Nimbus Academy will be back with another insightful episode. So be on the lookout! 😎

We've received many requests and inquiries from the community to reduce the minimum staking deposit for GNBU Hard Staking.

We are happy to tell you that it's finally happening!

The minimum staking deposit for GNBU Hard Staking will be lowered from $2500 to $250 worth of GNBU tokens!

⏰ At 12 pm GMT, our team have started the deployment of the new Staking conditions on the main net, and you'll be able to access them shortly.

Thanks to you, the Nimbus Platform is even more accessible and inclusive!😎

Cheers to you folks!🥂

Now that the minimum staking deposit for GNBU Hard Staking has been lowered to $250, you can easily maximize the rewards on your GNBU tokens😎

Plus, we have prepared an infographic on Hard Staking so that you are able to view a step-by-step visual guide on how to interact with the Hard Staking functionality to start receiving your rewards!

Check the image above👆

Here’s a simple tip for all our DeFi newbies on how to save up on gas fees if this is your first time staking on the Nimbus Platform:

💡We recommend using the Nimbus platform on Binance Smart Chain as the gas fees are much lower there

#NimbusAcademy #NimbusInsights

​​In today’s session of the Nimbus Glossary we’re talking about ✨TVL✨

Also, note that TVL is a rather nuanced metric as it is calculated differently depending on the functionality of the underlying product.

Here are a few examples:
1️⃣ TVL at a DEX would be measured by the value of the assets provided as liquidity
2️⃣ TVL at a Lending dApp would be measured by the value of the assets deposited by lenders and borrowers
3️⃣ And if we look at the Nimbus Platform, which combines several dApps at once, its TVL will consist of all of the above as well as the assets from other functionalities, for instance Staking. The more assets users insert in Nimbus dApps — the higher will be the TVL.