πHello Nimbus Community,
The trip to Dubai with the Affiliate Program Contest winners was a success!
The itinerary for our guests was full of presentations and events....a lot of learning and exploring the future of Nimbus, Crypto, and emerging tech.
And don't worry, we made sure to add fun with barbeques and dinners for our beloved guests and a yachtβ΅οΈtrip across Dubai's serene waters.
We feel privileged to be able to know and spend quality time with the members of our community.
Feeling even more motivatedπͺand enthusiastic about delivering Nimbus's vision and working towards the prosperity of our communityπ
The trip to Dubai with the Affiliate Program Contest winners was a success!
The itinerary for our guests was full of presentations and events....a lot of learning and exploring the future of Nimbus, Crypto, and emerging tech.
And don't worry, we made sure to add fun with barbeques and dinners for our beloved guests and a yachtβ΅οΈtrip across Dubai's serene waters.
We feel privileged to be able to know and spend quality time with the members of our community.
Feeling even more motivatedπͺand enthusiastic about delivering Nimbus's vision and working towards the prosperity of our communityπ
π19β€7π₯6
π Hey Nimbus Community,
Private, public, custodial, non-custodialβ¦.crypto wallets come in many forms.
How do you determine which type of crypto wallet is right for you?
We figured...the best way to do that is to learn about these different types. And so on Nimbus Glossary, we are covering Custodial Wallets vs. Non-Custodial Wallets
Fact Check:
βοΈ Bitmex, Binance, or Freewallet are some examples of custodial wallets
βοΈ Ledger, keepkey, and Trezor are a few examples of non-custodial wallets
βοΈ The fear of losing or forgetting your private key might deter you from considering a non-custodial wallet. However, the benefits override inconvenience in this case.π€
βοΈ While allowing a third party to manage and secure your cryptocurrencies is convenient, giving up control can create susceptibility to exit scams, hacking, and theft.
βοΈ A custodial wallet provider can impose a maximum withdrawal limit or unilaterally set fees for using their services. You can temporarily lose access to your crypto if the platform has technical issues. Basically, your assets are at someone elseβs mercy if you donβt own your keys. After all, as they say, βnot your keys, not your coins.β
βοΈOn the other hand, a non-custodial wallet gives you a complete charge of your hard-earned digital assets. You set your own rules and do with your funds as you wish. However, you alone are responsible for the safety of your keys.
Private, public, custodial, non-custodialβ¦.crypto wallets come in many forms.
How do you determine which type of crypto wallet is right for you?
We figured...the best way to do that is to learn about these different types. And so on Nimbus Glossary, we are covering Custodial Wallets vs. Non-Custodial Wallets
Fact Check:
βοΈ Bitmex, Binance, or Freewallet are some examples of custodial wallets
βοΈ Ledger, keepkey, and Trezor are a few examples of non-custodial wallets
βοΈ The fear of losing or forgetting your private key might deter you from considering a non-custodial wallet. However, the benefits override inconvenience in this case.π€
βοΈ While allowing a third party to manage and secure your cryptocurrencies is convenient, giving up control can create susceptibility to exit scams, hacking, and theft.
βοΈ A custodial wallet provider can impose a maximum withdrawal limit or unilaterally set fees for using their services. You can temporarily lose access to your crypto if the platform has technical issues. Basically, your assets are at someone elseβs mercy if you donβt own your keys. After all, as they say, βnot your keys, not your coins.β
βοΈOn the other hand, a non-custodial wallet gives you a complete charge of your hard-earned digital assets. You set your own rules and do with your funds as you wish. However, you alone are responsible for the safety of your keys.
π6π€©4
βHey Nimbus community,
π±Satoshi Island has received 50,000 applications for free Citizenship NFT. Will it become a home for the crypto community? Even if the utopia did not live up to its happy promise, it will surely help boost the adoption of digital currencies.
π§ Florida governor: digital dollar cannot be compared to Bitcoin. The CBDC would give the government the ability to control what the citizens spend on and how they spend their money. Do we want a China-like authoritarian control over peopleβs finances?
π½Meta applied for a trademark that would allow their logo to be used for crypto tokens and virtual exchange. This move indicates the companyβs interest to venture into virtual space. Eventually, it will help build an ecosystem around their Metaverse.
πThe battle around the future of Ripple continues: the SEC has been granted an extension to submit a discovery schedule relating to individual defendants. Some have suggested that the enforcement body is slowing the case down to frustrate Ripple Labs.
π±Satoshi Island has received 50,000 applications for free Citizenship NFT. Will it become a home for the crypto community? Even if the utopia did not live up to its happy promise, it will surely help boost the adoption of digital currencies.
π§ Florida governor: digital dollar cannot be compared to Bitcoin. The CBDC would give the government the ability to control what the citizens spend on and how they spend their money. Do we want a China-like authoritarian control over peopleβs finances?
π½Meta applied for a trademark that would allow their logo to be used for crypto tokens and virtual exchange. This move indicates the companyβs interest to venture into virtual space. Eventually, it will help build an ecosystem around their Metaverse.
πThe battle around the future of Ripple continues: the SEC has been granted an extension to submit a discovery schedule relating to individual defendants. Some have suggested that the enforcement body is slowing the case down to frustrate Ripple Labs.
π11
π Livestream alert!
A community adored event is happening again. We are happy to announce another live stream with Alex Lemberg, the CEO of the Nimbus Platform!
β° Save the date on Thursday, March 31, at 6:00 pm UTC.
Alex will talk about the news and updates of the first months of 2022, future plans, and more. Don't miss it out!
A community adored event is happening again. We are happy to announce another live stream with Alex Lemberg, the CEO of the Nimbus Platform!
β° Save the date on Thursday, March 31, at 6:00 pm UTC.
Alex will talk about the news and updates of the first months of 2022, future plans, and more. Don't miss it out!
π17β€4
β οΈ Important update on the Lend and Borrow dApps!β οΈ
We continue to work on restoring the full functionality of Lend and Borrow dApps. The previous posts on the Lend and Borrow Bug can be found here and here. With this update, we hope to keep our community in the loop with the progress made so far:
β We've completed the recalculations of the underpaid rewards to the users affected by the bug. In fact, rewards are already being distributed, and we've covered 50% of the transactions. Rewards will arrive directly in the users' wallets with no vesting by next week.
β Previously, we stated the bug didn't affect n-NFT functionality. Unfortunately, that piece of information was not quite accurate. We made some changes at a later part to optimize performance for n-NFT holders. These changes are as follows:
βοΈThe Smart LP n-NFT provided access to 3 Nimbus functionalities: LP, LP Staking and Lend dApp. Due to the bug, the Lend dApp was put on hold.
βοΈ We wanted to ensure that the n-NFT holders could unlock the full potential of their assets. So we removed the Lend dApp from the Smart LP n-NFT strategy. This means, user's deposited asset (BNB) is divided into BNB/NBU and BNB/GNBU pools and redirected in full to the LP Staking functionality.
βοΈ With this change, users will receive 100% of rewards in NBU tokens for LP Staking + 0.3% Swap fees from all the transactions made in these pairs.
β³ The bug resolution time is being estimated at up to 2 weeks. Once the bug is resolved, we will share a detailed outline of the patch deployment and the update's new parameters.
If you have any questions, please contact support via this link π Here!
We continue to work on restoring the full functionality of Lend and Borrow dApps. The previous posts on the Lend and Borrow Bug can be found here and here. With this update, we hope to keep our community in the loop with the progress made so far:
β We've completed the recalculations of the underpaid rewards to the users affected by the bug. In fact, rewards are already being distributed, and we've covered 50% of the transactions. Rewards will arrive directly in the users' wallets with no vesting by next week.
β Previously, we stated the bug didn't affect n-NFT functionality. Unfortunately, that piece of information was not quite accurate. We made some changes at a later part to optimize performance for n-NFT holders. These changes are as follows:
βοΈThe Smart LP n-NFT provided access to 3 Nimbus functionalities: LP, LP Staking and Lend dApp. Due to the bug, the Lend dApp was put on hold.
βοΈ We wanted to ensure that the n-NFT holders could unlock the full potential of their assets. So we removed the Lend dApp from the Smart LP n-NFT strategy. This means, user's deposited asset (BNB) is divided into BNB/NBU and BNB/GNBU pools and redirected in full to the LP Staking functionality.
βοΈ With this change, users will receive 100% of rewards in NBU tokens for LP Staking + 0.3% Swap fees from all the transactions made in these pairs.
β³ The bug resolution time is being estimated at up to 2 weeks. Once the bug is resolved, we will share a detailed outline of the patch deployment and the update's new parameters.
If you have any questions, please contact support via this link π Here!
π9π₯3
πHey Nimbus Community,
You sure must have heard of the NFT project that made everything βboringβ ultra-cool - β¨BAYCβ¨
There is a rich history behind the Bored Ape Yacht Club - letβs unpack it with Nimbus Glossary.
β Bored Ape Yacht Club was launched in late April 2021 by a team of four pseudonymous developers, Gargamel, Gordon Goner, Emperor Tomato Ketchup, and No Sass. (cool names. eh!)
β It took 12 hours for all 10,000 to sell out at 0.08 ether, or around $190. The current floor price is 108.3 ETH. Checkπ Here!
β More than 20 renowned celebrities own BAYC NFT. Including Jimmy Fallon, Post Malone, Logan Paul, Steve Aoki, Mark Cuban, Snoop Dog, and more.
β Bored Ape Yacht Club has done a few things to keep owners interested. First, they created the Bored Ape Kennel Club, offering owners the opportunity to "adopt" a dog NFT with traits that mimic those of the Bored Apes. In August came another freebie: digital vials of mutant serum. Owners could mix their Bored Ape with the serum to create another NFT -A Mutant Ape.
β Thanks to its success, the BAYC collection has burgeoned a thriving NFT ecosystem with its native token - ApeCoin! The token is used for governance and transactions within the Ape ecosystem, allowing holders to participate in the ApeCoin DAO. ApeCoin DAO participants can transact with each other and gain access to exclusive ecosystem services, game events, and items.
β Close to launch, BAYC net sales crossed $1B . Itβs almost 10% of what Apple earned in 2021. BAYC is the pioneer calling NFT to the mainstream, so much so that even the Wallstreet couldnβt resist! Itβll be interesting to see how BAYC leads the market to even greater heights in 2022
You sure must have heard of the NFT project that made everything βboringβ ultra-cool - β¨BAYCβ¨
There is a rich history behind the Bored Ape Yacht Club - letβs unpack it with Nimbus Glossary.
β Bored Ape Yacht Club was launched in late April 2021 by a team of four pseudonymous developers, Gargamel, Gordon Goner, Emperor Tomato Ketchup, and No Sass. (cool names. eh!)
β It took 12 hours for all 10,000 to sell out at 0.08 ether, or around $190. The current floor price is 108.3 ETH. Checkπ Here!
β More than 20 renowned celebrities own BAYC NFT. Including Jimmy Fallon, Post Malone, Logan Paul, Steve Aoki, Mark Cuban, Snoop Dog, and more.
β Bored Ape Yacht Club has done a few things to keep owners interested. First, they created the Bored Ape Kennel Club, offering owners the opportunity to "adopt" a dog NFT with traits that mimic those of the Bored Apes. In August came another freebie: digital vials of mutant serum. Owners could mix their Bored Ape with the serum to create another NFT -A Mutant Ape.
β Thanks to its success, the BAYC collection has burgeoned a thriving NFT ecosystem with its native token - ApeCoin! The token is used for governance and transactions within the Ape ecosystem, allowing holders to participate in the ApeCoin DAO. ApeCoin DAO participants can transact with each other and gain access to exclusive ecosystem services, game events, and items.
β Close to launch, BAYC net sales crossed $1B . Itβs almost 10% of what Apple earned in 2021. BAYC is the pioneer calling NFT to the mainstream, so much so that even the Wallstreet couldnβt resist! Itβll be interesting to see how BAYC leads the market to even greater heights in 2022
π4β€3
β° 10 minutes to go!
Take your seats here π https://youtu.be/qtMSNehyCbE
Take your seats here π https://youtu.be/qtMSNehyCbE
YouTube
Livestream with Nimbus CEO, Alex Lemberg
Follow Nimbus on social media:
Telegram:
π¬π§ English News Channel: https://link.nimbusplatform.io/bqv
πͺπΈ Spanish News Channel: https://link.nimbusplatform.io/07e896
Social Media:
π Twitter: https://link.nimbusplatform.io/8dd4df
π Discord: https://discord.gg/zvVjU78f85
Telegram:
π¬π§ English News Channel: https://link.nimbusplatform.io/bqv
πͺπΈ Spanish News Channel: https://link.nimbusplatform.io/07e896
Social Media:
π Twitter: https://link.nimbusplatform.io/8dd4df
π Discord: https://discord.gg/zvVjU78f85
π7β€3
π₯ Recording will be published tomorrow with English subtitles.
We have seen your questions in live chat and we will address them in the coming days. Thanks for joining the stream and activity in the chat π
We have seen your questions in live chat and we will address them in the coming days. Thanks for joining the stream and activity in the chat π
π7