πHey Nimbus Community,
It's been another productive biweekly sprint run for your Nimbus Team.
Without further ado, let's look at the progress made!
β Bridge between Nimbus LP staking section and PancakeSwap:
Now you can provide liquidity to NBU & GNBU (BEP-20) pairs on PancakeSwap but stake the LP tokens that you receive in return on the Nimbus Platform. This way, you can receive both your swap rewards from the PancakeSwap trading and from the LP staking, at 100% APY β yay! A similar bridge was also established with the Uniswap. This means you can benefit from a similar feature by providing liquidity in the ERC-20 tokens as well.
π¨Note β Make sure you use the same wallet in both PancakeSwap or Uniswap and the Nimbus Platform: otherwise the bridge wonβt work.
β Analytics Page (Backend):
In one of the previous sprints, we informed you about improving data on the analytics page by substituting the Subgraph with our own novel code. The work for the same on the backend has been completed, and we will no longer be using the Subgraph since all the data will be taken from our own backend. This means you will now have extremely accurate analytics to make well-informed real-time decisions on the Nimbus Platform.
β Support Clearance:
And as for the Nimbus support clearance, out of 77 support tickets received, 68 have been resolved successfully.
We saved the best for the last!
β Nimbus NFT token:
NFTs are changing both cultural and economic experiences for collectors and creators. As a holistic ecosystem, it seems natural to introduce NFT as a functionality on the Nimbus Platform. Hence, your team has been working on the Nimbus NFT token for the past few months, which will provide users with easy access to even more reward streams! We have finalized the smart contracts, and they are under auditing at the moment. The NFT token is coming sooner than you would expect! Stay tuned!
This is it for this sprint run, and we'll be back with the next one soon π
It's been another productive biweekly sprint run for your Nimbus Team.
Without further ado, let's look at the progress made!
β Bridge between Nimbus LP staking section and PancakeSwap:
Now you can provide liquidity to NBU & GNBU (BEP-20) pairs on PancakeSwap but stake the LP tokens that you receive in return on the Nimbus Platform. This way, you can receive both your swap rewards from the PancakeSwap trading and from the LP staking, at 100% APY β yay! A similar bridge was also established with the Uniswap. This means you can benefit from a similar feature by providing liquidity in the ERC-20 tokens as well.
π¨Note β Make sure you use the same wallet in both PancakeSwap or Uniswap and the Nimbus Platform: otherwise the bridge wonβt work.
β Analytics Page (Backend):
In one of the previous sprints, we informed you about improving data on the analytics page by substituting the Subgraph with our own novel code. The work for the same on the backend has been completed, and we will no longer be using the Subgraph since all the data will be taken from our own backend. This means you will now have extremely accurate analytics to make well-informed real-time decisions on the Nimbus Platform.
β Support Clearance:
And as for the Nimbus support clearance, out of 77 support tickets received, 68 have been resolved successfully.
We saved the best for the last!
β Nimbus NFT token:
NFTs are changing both cultural and economic experiences for collectors and creators. As a holistic ecosystem, it seems natural to introduce NFT as a functionality on the Nimbus Platform. Hence, your team has been working on the Nimbus NFT token for the past few months, which will provide users with easy access to even more reward streams! We have finalized the smart contracts, and they are under auditing at the moment. The NFT token is coming sooner than you would expect! Stay tuned!
This is it for this sprint run, and we'll be back with the next one soon π
β€2π₯1
π Hey Nimbus Community,
In DeFi, bridges are extremely valuable for both developers and users, but oftentimes they remain unappreciated.
Since your Nimbus platform employs its own bridge (Wrap Machine) across ETH and BSC, our community should be aware of the essential basics.
Hence, the Nimbus Glossary presents you the term β β¨Bridgeβ¨
Here are some useful facts about bridges in DeFi:
β Blockchain bridges usually connect 2 completely different blockchains, but they can also be used to bridge side chains to their source blockchain as well (unlike bridges between two blockchains, sidechain bridges connects a parent blockchain to its child chain. Since the parent and child chains operate under different consensus, communications between them require a bridge.)
β On the Nimbus platform, you can use the Wrap Machine (bridge) to exchange ERC-20 (ETH) to BEP-20 (BSC) NBU or GNBU tokens and vice versa! Moreover, since it converts ERC-20 to BEP-20 tokens and vice versa at a 1:1 ratio, it allows users to exchang.
In DeFi, bridges are extremely valuable for both developers and users, but oftentimes they remain unappreciated.
Since your Nimbus platform employs its own bridge (Wrap Machine) across ETH and BSC, our community should be aware of the essential basics.
Hence, the Nimbus Glossary presents you the term β β¨Bridgeβ¨
Here are some useful facts about bridges in DeFi:
β Blockchain bridges usually connect 2 completely different blockchains, but they can also be used to bridge side chains to their source blockchain as well (unlike bridges between two blockchains, sidechain bridges connects a parent blockchain to its child chain. Since the parent and child chains operate under different consensus, communications between them require a bridge.)
β On the Nimbus platform, you can use the Wrap Machine (bridge) to exchange ERC-20 (ETH) to BEP-20 (BSC) NBU or GNBU tokens and vice versa! Moreover, since it converts ERC-20 to BEP-20 tokens and vice versa at a 1:1 ratio, it allows users to exchang.
π1
π Hey Nimbus Community,
Nimbus CEO Alex Lemberg is addressing the Nimbus community officially for the first time ever in 5 hours!
Today, at 7:00 PM GMT.
Link to be published an hour before streamπ
Nimbus CEO Alex Lemberg is addressing the Nimbus community officially for the first time ever in 5 hours!
Today, at 7:00 PM GMT.
Link to be published an hour before streamπ
π1
π Before we get to the market news, weβd like to focus on the most important event of the week for the Nimbus Platform!
π₯ Very first livestream with Alex Lemberg has just finished and we want to thank Alex for his speech and our community for their support! Did not have time to join? No worries, the recording will be uploaded to our YouTube channel tomorrowπ²
π€πΎ Crypto is becoming so popular that even pension funds want to invest in it. This week, Rest Super (Retail Employees Superannuation Trust) shared its plans to acquire digital assets at the annual general meeting. If things go as expected, REST could become the first of the major super funds to signal material inflows in crypto. The question then becomes β are we going to see a wave of similar commitments to the space any time soon?
π The answer is most probably yes, as even Macyβs (American holding company) announced that it might launch curated digital marketplace. This way the company looks forward to significantly expand it assortment in existing categories and brands and introduce a range of new categories. Potentially, the newborn digital business could generate Macyβs around $10 billion in sales by 2023.
π₯ Finally yet importantly, Adidas Originals has announced a partnership with the crypto exchange Coinbase. It is rumored that one potential area of focus could be non-fungible tokens or NFTs, for which Coinbase is developing a dedicated service.
Have a great weekend ahead and stay safe!
π₯ Very first livestream with Alex Lemberg has just finished and we want to thank Alex for his speech and our community for their support! Did not have time to join? No worries, the recording will be uploaded to our YouTube channel tomorrowπ²
π€πΎ Crypto is becoming so popular that even pension funds want to invest in it. This week, Rest Super (Retail Employees Superannuation Trust) shared its plans to acquire digital assets at the annual general meeting. If things go as expected, REST could become the first of the major super funds to signal material inflows in crypto. The question then becomes β are we going to see a wave of similar commitments to the space any time soon?
π The answer is most probably yes, as even Macyβs (American holding company) announced that it might launch curated digital marketplace. This way the company looks forward to significantly expand it assortment in existing categories and brands and introduce a range of new categories. Potentially, the newborn digital business could generate Macyβs around $10 billion in sales by 2023.
π₯ Finally yet importantly, Adidas Originals has announced a partnership with the crypto exchange Coinbase. It is rumored that one potential area of focus could be non-fungible tokens or NFTs, for which Coinbase is developing a dedicated service.
Have a great weekend ahead and stay safe!
π₯1
Happy Saturday Nimbus Community,
Language difficulties keeping you away from enjoying the live stream completely?
No worries, the video will be published after processing, we are now working on translating the stream and subtitles.
We wanted to make sure that all of you are able to understand and connect with our CEO β Alex Lemberg, and what he wishes to say to the Nimbus community.
Keep your eyes π on our socials today and thanks for your patienceπ
Language difficulties keeping you away from enjoying the live stream completely?
No worries, the video will be published after processing, we are now working on translating the stream and subtitles.
We wanted to make sure that all of you are able to understand and connect with our CEO β Alex Lemberg, and what he wishes to say to the Nimbus community.
Keep your eyes π on our socials today and thanks for your patienceπ
β€1π1
Hey Nimbus community,
This is the moment the entire community has been waiting for!
In case you missed the livestream yesterday, watch the complete video hereπ
βοΈ Note: English and Russian subtitels are ready, and Spanish subtitels are on the way.
This is the moment the entire community has been waiting for!
In case you missed the livestream yesterday, watch the complete video hereπ
βοΈ Note: English and Russian subtitels are ready, and Spanish subtitels are on the way.
β€4
CGTN Interview with Nimbus Platform CEO Alex Lemberg highlights his opinion on the growing crypto hubs in the United Statesπ
Watch hereπ² https://www.youtube.com/watch?app=desktop&v=bbld0kMnDfs
Watch hereπ² https://www.youtube.com/watch?app=desktop&v=bbld0kMnDfs
YouTube
NYC looks to become new cryptocurrency capital
Miami and New York are in a race to become cryptocurrency capitals.
The mayors of both cities have said they want to be a part of the burgeoning financial sector and encourage companies to set up shop in their jurisdictions.
But some are skeptical.
CGTNβsβ¦
The mayors of both cities have said they want to be a part of the burgeoning financial sector and encourage companies to set up shop in their jurisdictions.
But some are skeptical.
CGTNβsβ¦
β€1
Time and again, we've shared our thoughts on NFTs. Today, we want to know your opinion on it!
What is NFT for you?
What is NFT for you?
Anonymous Poll
23%
Collectibles (art, music, etc)
57%
Digital representation of any asset
11%
Just hype
9%
I'm not sure, but I'm interested
β€3π1
Do you think differently? Tell us more about it in the Telegram chat π Here!
π€©1
πHey Nimbus Community,
If you've watched the recent Livestream by our CEO, Alex Lemberg, you'll know that NFTs are a key milestone for the Nimbus Platform.
Continuing on that sentiment, today on Nimbus Glossary, we present the term β¨NFTβ¨
Today, instead of sharing facts on NFTs here, we would urge you to watch the Livestream if you haven't yet. In that Livestream, Alex shares exciting facts about NFT in general and why Nimbus's NFT-based product synergies will be very different from the industry standard.
Check out the Livestream π Here!
We saved the most exciting bit for the last,
The much-awaited Nimbus NFT token is unique in its own way. It possesses typical features of a Non-fungible token, and at the same time it serves as a key to access in just 1 click complex financial strategies, using the combination of the Nimbus dAppsπ
If you've watched the recent Livestream by our CEO, Alex Lemberg, you'll know that NFTs are a key milestone for the Nimbus Platform.
Continuing on that sentiment, today on Nimbus Glossary, we present the term β¨NFTβ¨
Today, instead of sharing facts on NFTs here, we would urge you to watch the Livestream if you haven't yet. In that Livestream, Alex shares exciting facts about NFT in general and why Nimbus's NFT-based product synergies will be very different from the industry standard.
Check out the Livestream π Here!
We saved the most exciting bit for the last,
The much-awaited Nimbus NFT token is unique in its own way. It possesses typical features of a Non-fungible token, and at the same time it serves as a key to access in just 1 click complex financial strategies, using the combination of the Nimbus dAppsπ
β€2π1π₯1
π Hey Nimbus Community,
As the Nimbus Platform continues to evolve rapidly, the development process becomes increasingly complex. And the rising complexity leads to longer development and auditing periods.
In order to keep up with the sophistication and optimize the journey toward product delivery, your Nimbus Team has broken down the process into sprints (biweekly).
Once these sprints are concluded, we upload the product development data on a special website called the Nimbus Test Environment or product staging. There you can track all the development progress essentially in real-time.
In order to access the product staging, you need to perform some actions. And to make that easier for you, we've prepared a step-by-step process to help you navigate around with ease.
Follow the image aboveπ for the instructions β or read below!
1οΈβ£ Configure your MetaMask wallet to Testnet:
βοΈAccess MetaMask
βοΈGo to 'Settings'
βοΈGo to 'Networks'
βοΈClick on the 'Add Network' tab
βοΈThere, enter the following details:
πΉNetwork Name: Smart Chain β Testnet
πΉNew RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545
πΉChain ID: 97 β Symbol: BNB
πΉBlock Explorer URL: TESTNET Binance (BNB) Blockchain Explorer
2οΈβ£ Then, get some test BNB tokens π Here
Note that according to the network rules, you can take out BNB test tokens once a day!
3οΈβ£ Hop onto the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokensπ Here
With these tokens, youβll be able to test most of the functionality available at staging.
Give it a try yourself and share your feedback πhere. This way, youβll help us improve the functionality before it gets officially launched!
#NimbusAcademy #NimbusInsights
As the Nimbus Platform continues to evolve rapidly, the development process becomes increasingly complex. And the rising complexity leads to longer development and auditing periods.
In order to keep up with the sophistication and optimize the journey toward product delivery, your Nimbus Team has broken down the process into sprints (biweekly).
Once these sprints are concluded, we upload the product development data on a special website called the Nimbus Test Environment or product staging. There you can track all the development progress essentially in real-time.
In order to access the product staging, you need to perform some actions. And to make that easier for you, we've prepared a step-by-step process to help you navigate around with ease.
Follow the image aboveπ for the instructions β or read below!
1οΈβ£ Configure your MetaMask wallet to Testnet:
βοΈAccess MetaMask
βοΈGo to 'Settings'
βοΈGo to 'Networks'
βοΈClick on the 'Add Network' tab
βοΈThere, enter the following details:
πΉNetwork Name: Smart Chain β Testnet
πΉNew RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545
πΉChain ID: 97 β Symbol: BNB
πΉBlock Explorer URL: TESTNET Binance (BNB) Blockchain Explorer
2οΈβ£ Then, get some test BNB tokens π Here
Note that according to the network rules, you can take out BNB test tokens once a day!
3οΈβ£ Hop onto the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokensπ Here
With these tokens, youβll be able to test most of the functionality available at staging.
Give it a try yourself and share your feedback πhere. This way, youβll help us improve the functionality before it gets officially launched!
#NimbusAcademy #NimbusInsights
β€3π1
π² Keep up to speed with weekly crypto digest
π€It's been a long time coming but better late than never β U.S. Securities and Exchange Chair Gary Gensler finally admitted that DeFi could offer βreal innovation.β On top of that, he mentioned that it must fit within the existing regulatory framework.
π₯In our opinion, it will be the Metaverse that will help explore the potential of cryptocurrencies. In this context, we find it important to mention that Facebook plans to make it easier to run ads about cryptocurrency on the platform by expanding the number of regulatory licenses they accept. This move has been approved thanks to the fact that cryptocurrency landscape has continued to mature and stabilize in recent years and has seen more government regulations that are setting clearer rules for their industry.
π¨ Talking about the NFT market, UAE gets its own NFT digital postal stamps celebrating Golden Jubilee. These innovative NFT stamps will have a digital twin in the blockchain system and will be sold as digital collectibles linked to their physical stamp counterpart. No surprise according to Cointelegraph Research NFT sales might surge to $17.7 billion by the end of 2021.
#NimbusDigest
π€It's been a long time coming but better late than never β U.S. Securities and Exchange Chair Gary Gensler finally admitted that DeFi could offer βreal innovation.β On top of that, he mentioned that it must fit within the existing regulatory framework.
π₯In our opinion, it will be the Metaverse that will help explore the potential of cryptocurrencies. In this context, we find it important to mention that Facebook plans to make it easier to run ads about cryptocurrency on the platform by expanding the number of regulatory licenses they accept. This move has been approved thanks to the fact that cryptocurrency landscape has continued to mature and stabilize in recent years and has seen more government regulations that are setting clearer rules for their industry.
π¨ Talking about the NFT market, UAE gets its own NFT digital postal stamps celebrating Golden Jubilee. These innovative NFT stamps will have a digital twin in the blockchain system and will be sold as digital collectibles linked to their physical stamp counterpart. No surprise according to Cointelegraph Research NFT sales might surge to $17.7 billion by the end of 2021.
#NimbusDigest
β€3
The Nimbus Platform CEO β Alex Lemberg promised to answer all your burning questions in the last Livestream.
The answers have already been published in our Discord π Here!
The answers have already been published in our Discord π Here!
Hey Nimbus Community,
NFTs are on the rise, not just because they provide ownership and authenticity but also because NFTβs represent an entirely new category of use cases in DeFi
The statistics show that NFTs are here to stay, so the Nimbus glossary deems it important that our community stays in the loop! π
Today, weβre learning about the NFT token standard ERC-721
Check the image above to discover its meaningπ
Time for some juicy facts about the ERC- 721 token standard:
ERC-721 was first created to combat the ERC-20 interface incapabilities via an Ethereum Improvement Proposal (EIP). Cryptokitties was the first protocol to utilize ERC-721 to create NFTs in the form of kitties and that the most special fact of all:
The Nimbus NFT token is nearing its launch date. This token will combine dApps and deliver easy access to the most complex user scenarios in DeFi. Weβre currently undergoing audits and reviewing smart contracts, once ready, weβll share the new updates with you!
We know you are eager to know more about the mysterious Nimbus NFT token! Weβll gradually shed light and tell you more about the concept. Stay tuned!
#NimbusAcademy #NimbusGlossary
NFTs are on the rise, not just because they provide ownership and authenticity but also because NFTβs represent an entirely new category of use cases in DeFi
The statistics show that NFTs are here to stay, so the Nimbus glossary deems it important that our community stays in the loop! π
Today, weβre learning about the NFT token standard ERC-721
Check the image above to discover its meaningπ
Time for some juicy facts about the ERC- 721 token standard:
ERC-721 was first created to combat the ERC-20 interface incapabilities via an Ethereum Improvement Proposal (EIP). Cryptokitties was the first protocol to utilize ERC-721 to create NFTs in the form of kitties and that the most special fact of all:
The Nimbus NFT token is nearing its launch date. This token will combine dApps and deliver easy access to the most complex user scenarios in DeFi. Weβre currently undergoing audits and reviewing smart contracts, once ready, weβll share the new updates with you!
We know you are eager to know more about the mysterious Nimbus NFT token! Weβll gradually shed light and tell you more about the concept. Stay tuned!
#NimbusAcademy #NimbusGlossary
β€3
βHey Nimbus community,
π We have prepared a short article on what NFT tokens are and why the crypto community is so excited about the newly born niche. In this article, you will find all the information you were looking for and more. The cherry on top is that we explain the difference between the already existing solutions and the Nimbus alternative. Here is a quick hint β our story is not about the art.
What are you waiting for? Go check it now
π We have prepared a short article on what NFT tokens are and why the crypto community is so excited about the newly born niche. In this article, you will find all the information you were looking for and more. The cherry on top is that we explain the difference between the already existing solutions and the Nimbus alternative. Here is a quick hint β our story is not about the art.
What are you waiting for? Go check it now
β€3