👋Hello Nimbus Community, 

We see how you enjoyed yesterday’s article about the first yield-generating NFT! So here are some more insights for you:

Since it’s an unprecedented solution, we wouldn’t be surprised if you’re still wondering how it works…
🔹How is each n-NFT issued?
🔹How do your assets get distributed across dApps?
🔹How is it possible to receive 3 types of rewards while holding the n-NFT?
…And so on.

💡Great news: we’ve prepared a schematic infographic that addresses those questions! 

👆See the image above to discover the magic at play behind the Smart LP n-NFT!

#NimbusAcademy #NimbusInsights

🚨 🤩 The deployment of the Smart LP n-NFT on the Mainnet has been initiated!

Wait, you don’t know what n-NFT is? No worries - you can still catch up on this brand-new concept by Nimbus!

Read our latest blog post - you’ll see why you certainly can’t miss this! 👉 Here

🎊🎉 Today is the day! Smart LP n-NFT token is officially LIVE!🤩

Don’t miss the NFT revolution - meet the first yield-generating NFT on the market!
1️⃣ Receive yields while holding your n-NFT - it acts as your unique tokenized portfolio
2️⃣ Redeem assets and rewards any time by burning your n-NFT - no need to search for buyers
3️⃣ One click access to the most popular DeFi solutions with high APYs: liquidity providing and lending
4️⃣ Mitigate risks and diversify yields - automatically, thanks to the built-in mechanisms of asset distribution 

All you need to do is:
- Go to Nimbus Platform and supply a minimum of 1 BNB to get your n-NFT
- Yay! The NFT is now in your wallet. The supplied assets start working for you in Lending & LP - while you’re enjoying your holidays!😏🎄 
- As long as you hold your n-NFT, you’ll be receiving 3 types of yields in real-time: in BNB, NBU, and GNBU

💥And hey, let’s start with a bang! The first 22 users who get n-NFTs will receive $200 worth of NBU tokens as a Christmas gift! 🎁

👉Get your n-NFT now here - be in control of your yields!

📹 Nimbus CEO Alex Lemberg is addressing the Nimbus Community once again!
 
Why? Because today is a special day not only for the Nimbus community but also for the broader DeFi market. It marks the launch of the first yield-generating NFT token: the Smart LP n-NFT by Nimbus Platform 😎
 
In the interview, Alex sheds more light on:
✅ What is Smart LP n-NFT — and why is it so special? 
✅ Why it has a great potential — both for its holders and the overall Nimbus community? 
✅ What’s next in the Nimbus NFT line?
..and more!
 
Getting curious now? Tune in👉 Here!

👋Hey Nimbus Community,

🔥 We can’t wait to thank all the loyal members! Your support and enthusiasm fuel us!

The much-awaited yield-generating Nimbus Smart LP n-NFT was launched only yesterday.
And what a surprise: merely within 3 hours of launch, over 50 Nimbus n-NFTs found their owners!

❗️ If you are reading this and wondering — Did I miss my chance to get your n-NFT?
🌟Fret not, Nimbus Santa is here to tell you that you still have a chance to become a proud n-NFT owner and make your assets work while you enjoy the holidays.

Nimbus Smart LP n-NFT:
1️⃣ One click access to the most popular DeFi solutions with high APYs: Liquidity Providing, LP Staking and Lending
2️⃣ Generates yields in real-time: in BNB, NBU, and GNBU (you can redeem assets and rewards any time by burning your n-NFT)
3️⃣ Mitigates risks automatically, thanks to the built-in mechanisms of asset distribution

All you need to do is go to Nimbus Platform and supply 1 BNB, or more to get your n-NFT: the more assets you supply, the higher the rewards will be.

Try it out at Nimbus Platform now👉 Here!

*Note for the first 22 owners of Nimbus n-NFTs: we expect to send prizes on December, 30-2021. Distribution happens once for one wallet address, irrespective of the number of n-NFT bought by the same address.

🎅 The Christmas holidays are around the corner meaning it is time to look back and balance all the craziness that took place in 2021. First thing first, hardly anyone can disagree with the fact that it was the year of NFTs — according to the DappRadar Industry Report, over the past 12 months non-fungible token trading volume surpassed $23 billion.

😄 Decentralized finance also didn’t disappoint — the total value locked in DeFi protocols grew by more than 700% from 2020, surpassing $200 billion this year. It is worth mentioning that even though Ethereum remains the leading DeFi blockchain, new alternatives continue to emerge. Who knows, maybe one day it will become intertwined with traditional financial system. The good news is that a DeFi world in which counterparties interact directly via smart contracts would be more efficient and fair.

In terms of traditional cryptocurrencies, eight years after the first application for a Bitcoin exchange-traded fund was filed by the Winklevoss brothers, the first Bitcoin ETF in the United States began trading at the New York Stock Exchange. The new product allows trading through regular investment accounts, bypassing the hassle and security concerns of cryptocurrency exchanges.

🥽  Finally, yet importantly, the digital industry has been disrupted by the Metaverse space. David Palmer, blockchain lead at Vodafone Business, mentioned that in his opinion the Metaverse is much more than a virtual world where digital experiences via games or social media networks can take place. Overall, we are pleased to see that an increasing number of companies are beginning to develop and leverage business models in the recently born space, meaning the technology could hamper fast adoption.
 
🎊🥳🎉 In summary, it looks like the crypto industry continues to gain momentum. Of course, none of that would be possible without loyal communities like ours! We wish you very happy holidays and most importantly even greater year ahead!

👋Hey Nimbus Community,

Are you wondering what's so special about the recently launched n-NFT? Or how by supplying a minimum of 1 BNB, you can start receiving rewards from 3 different streams at once, in real-time?

Perhaps, you missed the interview with our CEO Alex Lemberg!

It tells you all about:

✅Why the n-NFT is a revolutionary functionality?

✅Why this n-NFT is called Smart LP?

✅Which n-NFT types are next in our pipeline?

✅How can you get your own n-NFT?

Watch it👉 Here

👋Hey Nimbus Community, 

As we welcome a new year, let’s take a moment to appreciate our journey in 2021!

We have prepared a quick and sweet read where we talk about:
✅ The 15 products we launched in 2021 and the motivation behind them
✅ Our evolving high-level vision and growth strategy: how we plan to set the trends in 2022 instead of following the existing ones
✅ What unprecedented solutions you can expect in 2022 - and why they are prone to put us in the avantgarde of DeFi
✅ How we upgraded our approach to product development, audit, and testing throughout the year
…and much more!

Give it a read👉 Here!

Once again… a very happy New Year, Nimbus Community!🎆 2022 will be epic for all of us!

Hey Nimbus Community,

Gifts can make any occasion even more special, right?

It looks like, for some of our community members, the New Year celebrations are going to be a little more special.🙌

As we are here to announce winners who will receive $200 worth of NBU tokens each for participating in the contest:

So, if your n-NFT number is 1-22 - Congratulations!🥳 🏆💪 The prizes will be delivered to your wallets in early January.

And for our remaining community members, owning an n-NFT can prove to be an exciting gift in itself. It's a token that can make the rest of your assets work harder in the most complex strategies — all of that and more in the most hassle-free and secure way possible.

Gift yourself an n-NFT👉 Here!

👋Hey Nimbus Community,

What better way to begin 2022 than to learn another essential DeFi term.

Today, on the Nimbus Glossary, we present the term - ✨Burn✨

Token Burn has become an industry-wide practice - mostly for keeping the charts on the uptrend while also ensuring a strongly incentivized community. 
Here are some more interesting facts:

✔️There are several methods employed to execute token burning in DeFi. However, the most common method is to send a specific number of tokens/coins to a so-called “eater address.”  It’s an address that is not recognized by the Blockchain or loses its private key, meaning once tokens go there, they cannot be ever redeemed. The real-time balance of such address can be viewed publicly, but the contents within the address, a.k.a the tokens sent for burning, cannot be accessed by anyone for perpetuity.

✔️Nimbus n-NFT can also be burned but the nature of burning is different. There was no intention to use the burn to affect the n-NFT market value. Instead, the burning of such n-NFT is simply a way to redeem the assets that are backing your n-NFT. Thanks to this, the n-NFT holders don’t have the usual pain that other NFT holders do. You do not need to search for buyers in order to “cash out”. All you have to do is just burn your n-NFT and receive your assets at a click of a button.

Learn more about the n-NFT here: LINK

👋Hey Nimbus Community,

A new Support Link has been added to make your experience on Nimbus even more flawless!

With the new support link, you can:
💫Request technical support, including MetaMask configuring or troubleshooting on any other functionality;
💫Report bugs you identify on the Platform, and the tech team will get on fixing those;
💫Suggest new features and improvement ideas to make the Nimbus Platform even more efficient and frictionless.

Check out the new support link👉 Here!

In the meantime, we are also working on establishing a new Internal support system to improve the interactions with the Nimbus Support team, which now covers 4 languages: English, Spanish, Russian, and Hindi.

We look forward to having you onboard. Let's make the Nimbus Platform even more efficient and frictionless together!🤝

✋Hey Nimbus community,

😔 The year 2022 started for the crypto industry on a harsh note – practically all of the major digital currencies dipped. Partially this could be attributed to the unstable political situation in Kazakhstan. According to BitMEX Research, if bitcoin miners decided to leave the country, the bitcoin hash rate would suffer an important drop. Does it mean that bearish sentiment just begins to take hold? On the on hand, it’s very unlikely that even a steep fall in the hash rate will trigger a major sell-off. On the other hand, the tightening of the monetary policy by the Fed may do the job. Overall, it looks like January will be quite volatile for the industry.

😳 Still, it doesn’t mean you should panic. For instance, Coinbase executive believes that the industry will constantly seek advancements in the speed and functionality. Surojit Chatterjee also predicted increased industry-wide regulation and institutional investment in DeFi. Finally, he mentioned the emergence of DeFi insurance and increased brand engagement in Metaverse and NFTs. Thus, don’t let the market fool you!

🧠 Talking about forecasts, we find it important to mention that Goldman Sachs analysts don’t discount that Bitcoin will continue to take market share from gold as part of broader adoption of digital assets, making the often touted price prediction of $100,000. Goldman estimates that Bitcoin’s float-adjusted market capitalization is just under $700 billion. The value of gold that’s available for investment is estimated at $2.6 trillion.

✋ Finally, yet importantly, we recommend you to check out the “How to Bitcoin” book by CoinGecko. Long story short, it offers easy-to-understand analogies and step-by-step guides to help you understand the Bitcoin movement and how to be part of it. Also, they have a book called “How to NFT” , which covers various categories of NFTs and how they generate value.

👋Hey Nimbus Community,

We're here to give you more context on the confusion regarding reward accruing for your Smart LP NFTs.

To explain better, let’s recall the reward distribution of this n-NFT:
✅ The first portion i.e. 70% of your supplied assets, gets provided as liquidity to the Nimbus Swap: to BNB/NBU and BNB/GNBU pairs. Then it goes to LP staking and starts generating rewards.
✅ The second portion, i.e. 30% of the supplied assets, goes to the Lend dApp, acting as overcollateralized loans. It then generates rewards when somebody borrows from the BNB pool.

So while the rewards from the first portion of assets are received automatically, the Lend dApp rewards are a bit more tricky. If nobody has borrowed from the BNB pool while you were holding the n-NFT, you cannot receive rewards. Only the LP rewards will accrue.

Additionally, due to some technical discrepancy, the LP rewards were not displayed in the interface either. Now this issue is fixed, though. There is some ground left to cover for a few more wallets, and we are solving that as we speak!

So while we take care of the technicalities, let’s boost the borrowing side together 😎
You can borrow BNBs and stake them — or do many other things to multiply them before paying off the loan.
Check the APR here and borrow some BNB now:  LINK

You must have heard your favorite crypto bloggers mention the phrase 'DYOR'.

And there are good reasons why they mention it so often!

Follow the image above 👆to discover its meaning.

Why is it so important to DYOR?

✔️ DYOR is important to ensure that you get an unbiased perspective on an asset, protocol, or strategy you are interested in
✔️ It also protects you from Sybil attacks that are very common on social media Reddit, Twitter, etc. 
✔️ With more research and understanding of assets or protocols, you can be more confident about your interests and future goals and keep your assets safe from fraudulent projects
✔️ DYOR as a phrase has permeated into popular culture and is widely used to encourage amateur users in any arena to navigate a minefield of misinformation

P.S. - We're curious which crypto blogger do you watch on YouTube? Or, if you are a reader, which crypto blog do you follow the most?

Do let us know in the community chat channels on Telegram or Discord!

#NimbusAcademy #NimbusGlossary