โHey Nimbus community,
๐The US affiliate of Bahamas-based crypto exchange FTX has made Chicago its headquarters and is aiming to offer financial relief and economic mobility to residents in the cityโs less-affluent Austin, Englewood and West Garfield Park neighborhoods.
๐ฟBinance Futures decided to delist coin-margined Luna perpetual contracts and update the leverage&margin tiers for USDT-margined Luna perpetual contracts. On top of that, the max leverage of USDT-Margined LUNA Perpetual Contracts has been reduced to 8x.
๐ญ Will UST survive? According to the developers, their main task is to withdraw from circulation "bad debts" in stablecoin in a fairly short period of time. This requires activation of proposal #1164, which implies expansion of the basic LUNA pool.
๐The Board of the Global Esports Federation has established the GEF Metaverse Council, aimed at convening thought leaders and creators around the Web3 space. In addition, the Metaverse Council will focus on shaping tangible metaverse development initiatives.
๐ณ Nubank, the largest Brazilian digital bank by market value, added the option for customers to buy and sell BTC and ETH on its platform. It is also allocating roughly 1% of the cash on its balance sheet to bitcoin to show its belief in the cryptocurrency.
๐The US affiliate of Bahamas-based crypto exchange FTX has made Chicago its headquarters and is aiming to offer financial relief and economic mobility to residents in the cityโs less-affluent Austin, Englewood and West Garfield Park neighborhoods.
๐ฟBinance Futures decided to delist coin-margined Luna perpetual contracts and update the leverage&margin tiers for USDT-margined Luna perpetual contracts. On top of that, the max leverage of USDT-Margined LUNA Perpetual Contracts has been reduced to 8x.
๐ญ Will UST survive? According to the developers, their main task is to withdraw from circulation "bad debts" in stablecoin in a fairly short period of time. This requires activation of proposal #1164, which implies expansion of the basic LUNA pool.
๐The Board of the Global Esports Federation has established the GEF Metaverse Council, aimed at convening thought leaders and creators around the Web3 space. In addition, the Metaverse Council will focus on shaping tangible metaverse development initiatives.
๐ณ Nubank, the largest Brazilian digital bank by market value, added the option for customers to buy and sell BTC and ETH on its platform. It is also allocating roughly 1% of the cash on its balance sheet to bitcoin to show its belief in the cryptocurrency.
๐10๐ฑ1
๐ Hey Nimbus Community,
As promised, we are happy to announce the 100.000 NBU prize pool winners! ๐
So, here are the winners' YouTube accounts:
1. https://www.youtube.com/channel/UCH8bqo1Aa_EhC4Sq44ZXUpg
2. https://www.youtube.com/channel/UCaodlcSJZd_lwBlq3qia96A
3. https://www.youtube.com/channel/UC967tU9d7nYJqfYaXtA7khg
4. https://www.youtube.com/channel/UC0Bf46fOJ1XLD-pDdL6nS1Q
Each winner will receive the equal share from the pool, i.e. 25.000 NBU.
We will contact the winners in YouTube comments under the latest live stream video.
P.S. The comments were selected by the moderators so as to avoid unfairness that was noticed in some accounts' activity.
As promised, we are happy to announce the 100.000 NBU prize pool winners! ๐
So, here are the winners' YouTube accounts:
1. https://www.youtube.com/channel/UCH8bqo1Aa_EhC4Sq44ZXUpg
2. https://www.youtube.com/channel/UCaodlcSJZd_lwBlq3qia96A
3. https://www.youtube.com/channel/UC967tU9d7nYJqfYaXtA7khg
4. https://www.youtube.com/channel/UC0Bf46fOJ1XLD-pDdL6nS1Q
Each winner will receive the equal share from the pool, i.e. 25.000 NBU.
We will contact the winners in YouTube comments under the latest live stream video.
P.S. The comments were selected by the moderators so as to avoid unfairness that was noticed in some accounts' activity.
โค2๐ฑ1
๐ Hey Nimbus Community,
If you've tuned into our socials lately, you must have heard of a new UX integration that makes user experience on the Nimbus Platform more seamless from the very first click!
We're happy to announce that the new feature called the "User Onboarding" is now LIVE!
Nimbus CEO Alex Lemberg also talked about the integration, its significance and other key updates in our latest livestream. In case you missed the stream, you can still check it out ๐ Here!
What is the feature about, and how does it help users?
The feature actually works just like an interactive guide that helps you navigate the Nimbus platform and helps you understand the user flow of each functionality.
It's an excellent addition for those who are new to Nimbus or even to crypto in general, as it will give you multiple helpful hints.
To leverage the new feature, follow the steps on the picture attached. ๐
๐ Once you do that, you'll be sent to the Swap Machine section, where you will find all the explanations you need. Next, just follow the steps on the screen and enjoy the process!
If you've tuned into our socials lately, you must have heard of a new UX integration that makes user experience on the Nimbus Platform more seamless from the very first click!
We're happy to announce that the new feature called the "User Onboarding" is now LIVE!
Nimbus CEO Alex Lemberg also talked about the integration, its significance and other key updates in our latest livestream. In case you missed the stream, you can still check it out ๐ Here!
What is the feature about, and how does it help users?
The feature actually works just like an interactive guide that helps you navigate the Nimbus platform and helps you understand the user flow of each functionality.
It's an excellent addition for those who are new to Nimbus or even to crypto in general, as it will give you multiple helpful hints.
To leverage the new feature, follow the steps on the picture attached. ๐
๐ Once you do that, you'll be sent to the Swap Machine section, where you will find all the explanations you need. Next, just follow the steps on the screen and enjoy the process!
๐14
๐Hey Nimbus Community,
Weโre living in a new era of the gaming world, and itโs all because of a groundbreaking concept โจGameFiโจ
Gamers everywhere can now turn their passion into a highly lucrative activity and actually play games for a living. How is that possible?
GameFi is one of the huge leaps forward brought by the emerging Web3. Itโs all right there in the name โ a mixture of gaming and decentralized finance. This one is particularly inspired by the many new cryptocurrency use cases, as it touches a sector driven by intense passion.
The concept is simple โ You can make money while playing in a new token-based economy that includes multiple yield-generating DeFi products. Also known as play-to-earn blockchain games, GameFi has been on a steeply ascending path since the rise of Axie Infinity.
First announced by Andre Cronje in September 2020, GameFi has integrated blockchain applications in the gaming world, adding the monetary dimension to the experience.
The virtual gaming crowd adopted it with excitement; gaming on blockchain became a skyrocketing trend and attracted big names to developing the metaverse. Games like Decentraland and The Sandbox turned to tokenized land ownership.
Though each project went for its own model and created a personalized game economy, they follow similar guidelines: low-cost participation, easy-to-play games, and the possibility of being in charge of your in-game assets and making a real-world profit from them.
So whatโs GameFi in a few words?
โ๏ธ Access to blockchain games across many networks
โ๏ธ Central storage place for in-game assets and NFTs in a playerโs portfolio
โ๏ธ Easy P2E yield monitoring
โ๏ธ Fast exposure for games
โ๏ธ Early access to game tokens through TGEs
โ๏ธ A practical market with high-income potential
Despite the current regulatory concerns, GameFi is still growing, and the numbers for 2022 look promising. Open free trade + the old-fashioned thrill of winning prizes seem to be the right formula as new emerging markets develop worldwide.
So what can we expect from GameFi in the near future? Definitely new signs of expansion and evolution. The potential is real, and thereโs a massive market eager to experience it.
Let us know what are your thoughts on (GameFi) down below๐
Weโre living in a new era of the gaming world, and itโs all because of a groundbreaking concept โจGameFiโจ
Gamers everywhere can now turn their passion into a highly lucrative activity and actually play games for a living. How is that possible?
GameFi is one of the huge leaps forward brought by the emerging Web3. Itโs all right there in the name โ a mixture of gaming and decentralized finance. This one is particularly inspired by the many new cryptocurrency use cases, as it touches a sector driven by intense passion.
The concept is simple โ You can make money while playing in a new token-based economy that includes multiple yield-generating DeFi products. Also known as play-to-earn blockchain games, GameFi has been on a steeply ascending path since the rise of Axie Infinity.
First announced by Andre Cronje in September 2020, GameFi has integrated blockchain applications in the gaming world, adding the monetary dimension to the experience.
The virtual gaming crowd adopted it with excitement; gaming on blockchain became a skyrocketing trend and attracted big names to developing the metaverse. Games like Decentraland and The Sandbox turned to tokenized land ownership.
Though each project went for its own model and created a personalized game economy, they follow similar guidelines: low-cost participation, easy-to-play games, and the possibility of being in charge of your in-game assets and making a real-world profit from them.
So whatโs GameFi in a few words?
โ๏ธ Access to blockchain games across many networks
โ๏ธ Central storage place for in-game assets and NFTs in a playerโs portfolio
โ๏ธ Easy P2E yield monitoring
โ๏ธ Fast exposure for games
โ๏ธ Early access to game tokens through TGEs
โ๏ธ A practical market with high-income potential
Despite the current regulatory concerns, GameFi is still growing, and the numbers for 2022 look promising. Open free trade + the old-fashioned thrill of winning prizes seem to be the right formula as new emerging markets develop worldwide.
So what can we expect from GameFi in the near future? Definitely new signs of expansion and evolution. The potential is real, and thereโs a massive market eager to experience it.
Let us know what are your thoughts on (GameFi) down below๐
๐6โค5๐ฑ1
โHey Nimbus community,
๐Nomura Holdings Inc. is planning to use its investment banking knowledge to help firms tap opportunities in the metaverse. The idea is to assist corporations within the digital house increase cash and advice on the way to navigate rules as they emerge.
๐ Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions through a credit card. Isracard partnered with a crypto-focused subsidiary to allow purchasing Bitcoin directly through their credit card.
๐ The Biden administration is pushing for legislation that would fence off customer funds within crypto exchanges, keeping them safe in an exchange failure. It will require crypto firms to separate customersโ money from corporate funds.
๐ Get ready for new updates: Ethereumโs public testnet, Ropsten, is set to go through โthe mergeโ as one of the final preparations for the switch to proof-of-stake on June 8. The next step would be to launch PoS on the main Ethereum blockchain.
๐ค Silicon Valley venture-capital firm Andreessen Horowitz presented a $600 million fund dedicated to gaming startups. As long as companies continue to bet on so-called Web3 technology, the market volatility shouldnโt be a reason to worry.
๐Nomura Holdings Inc. is planning to use its investment banking knowledge to help firms tap opportunities in the metaverse. The idea is to assist corporations within the digital house increase cash and advice on the way to navigate rules as they emerge.
๐ Two Israel-based credit card companies, Max and Isracard, have started working on Bitcoin investment and cashback solutions through a credit card. Isracard partnered with a crypto-focused subsidiary to allow purchasing Bitcoin directly through their credit card.
๐ The Biden administration is pushing for legislation that would fence off customer funds within crypto exchanges, keeping them safe in an exchange failure. It will require crypto firms to separate customersโ money from corporate funds.
๐ Get ready for new updates: Ethereumโs public testnet, Ropsten, is set to go through โthe mergeโ as one of the final preparations for the switch to proof-of-stake on June 8. The next step would be to launch PoS on the main Ethereum blockchain.
๐ค Silicon Valley venture-capital firm Andreessen Horowitz presented a $600 million fund dedicated to gaming startups. As long as companies continue to bet on so-called Web3 technology, the market volatility shouldnโt be a reason to worry.
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๐ Hey Nimbus Community,
The updated Lend and Borrow dApps guide ๐ is now LIVE!
It covers:
โ The new updates on the dApps
โ How to interact with the functionality
โ What each function on the Lend and Borrow dApps achieves for the user
โ How to deposit/withdraw tokens
..and more!
You can find the guide attached ๐
The updated Lend and Borrow dApps guide ๐ is now LIVE!
It covers:
โ The new updates on the dApps
โ How to interact with the functionality
โ What each function on the Lend and Borrow dApps achieves for the user
โ How to deposit/withdraw tokens
..and more!
You can find the guide attached ๐
๐5โค1๐ฑ1
๐Hey Nimbus Community,
Let's dive into a problem that only a small percentage of the cryptoverse is aware ofโจMEVโจ the invisible taxing problem that Ethereum and several other smart contract blockchains have to deal with.
MEV is used both by miners in PoW-based blockchains and validators in PoS networks.
It's right alongside scaling and hacks, with over $633 million already extracted since January 1st, 2021. That affects the user's experience, but it also puts pressure on the network's stability.
How does it work?
Since the protocol doesn't require transactions to be ordered based on fees, miners can reorder them because they are in charge of sequencing and can decide which to include in a block and in what order.
It all starts with the use of bots and automated tools to close-monitor the blockchain. When an opportunity arises, they use different types of attacks:
โถ๏ธ Front-Running โ getting a transaction executed ahead of another one because it has higher gas fees
โถ๏ธ Sandwich Attacks โ they manipulate the price of a token the victim wants to buy by placing one transaction before and one after the victim's pending transaction, thus raising the price
โถ๏ธ Back-Running โ they target pair listings and place a transaction right after the initial liquidity, buying as much as they can. The price goes up, and then the bot sells
โถ๏ธ Liquidations โ they aim to be the first to liquidate a particular loan with front-run or back-run transactions
โถ๏ธ Time-Bandit Attacks โ only miners can do this by retroactively reorganizing blocks
Multiple negative effects
By pursuing this illegal stream of revenue, miners create significant adverse effects:
๐The user experience is diminished
๐The stability of the network is affected
๐The creation of network congestion
๐Gas prices rise
๐Transaction finality becomes questionable
So far, an efficient solution hasn't been found. In fact, some voices actually state that MEV is inevitable. Until a breakthrough is made, the invisible tax remains a problem for DeFi users that interact with automated market makers and other dApps.
Let's dive into a problem that only a small percentage of the cryptoverse is aware ofโจMEVโจ the invisible taxing problem that Ethereum and several other smart contract blockchains have to deal with.
MEV is used both by miners in PoW-based blockchains and validators in PoS networks.
It's right alongside scaling and hacks, with over $633 million already extracted since January 1st, 2021. That affects the user's experience, but it also puts pressure on the network's stability.
How does it work?
Since the protocol doesn't require transactions to be ordered based on fees, miners can reorder them because they are in charge of sequencing and can decide which to include in a block and in what order.
It all starts with the use of bots and automated tools to close-monitor the blockchain. When an opportunity arises, they use different types of attacks:
โถ๏ธ Front-Running โ getting a transaction executed ahead of another one because it has higher gas fees
โถ๏ธ Sandwich Attacks โ they manipulate the price of a token the victim wants to buy by placing one transaction before and one after the victim's pending transaction, thus raising the price
โถ๏ธ Back-Running โ they target pair listings and place a transaction right after the initial liquidity, buying as much as they can. The price goes up, and then the bot sells
โถ๏ธ Liquidations โ they aim to be the first to liquidate a particular loan with front-run or back-run transactions
โถ๏ธ Time-Bandit Attacks โ only miners can do this by retroactively reorganizing blocks
Multiple negative effects
By pursuing this illegal stream of revenue, miners create significant adverse effects:
๐The user experience is diminished
๐The stability of the network is affected
๐The creation of network congestion
๐Gas prices rise
๐Transaction finality becomes questionable
So far, an efficient solution hasn't been found. In fact, some voices actually state that MEV is inevitable. Until a breakthrough is made, the invisible tax remains a problem for DeFi users that interact with automated market makers and other dApps.
๐ฅ5๐4
โHey Nimbus community,
๐ค Netflix has embedded QR codes that allow users to mint NFT in episodes of its new show series "Love, Death + Robots". The bad news is that the feature is only available to US users through a MetaMask wallet or Coinbase account.
โ According to JPMorgan, the fair price of bitcoin is 28% higher than its current level at $38,000. If institutional investors decide that the moment to enter has indeed arrived, then the market is in for another rally. Another question is how long it will last.
๐ค American investor Bill Miller stated that investors should "ignore" Berkshire Hathaway CEO Warren Buffett's unflattering comments about Bitcoin as the main point of investing is to make money. Thus, productive assets shouldnโt be the only factor.
๐ง Guys from Circle believe that the Fed should refuse to launch a digital dollar, arguing that could strangle private-sector efforts to manage their dollar-based tokens. On top of that, USDC is already meeting โmany of the potential benefitsโ of CBDC.
๐ฅณ A group of former executives from Binance has created a $100 million venture fund. The fund will be mainly focused on the metaverse and bringing greater crypto adoption to emerging markets like Latin America and Africa. Would you get on the train?
๐ค Netflix has embedded QR codes that allow users to mint NFT in episodes of its new show series "Love, Death + Robots". The bad news is that the feature is only available to US users through a MetaMask wallet or Coinbase account.
โ According to JPMorgan, the fair price of bitcoin is 28% higher than its current level at $38,000. If institutional investors decide that the moment to enter has indeed arrived, then the market is in for another rally. Another question is how long it will last.
๐ค American investor Bill Miller stated that investors should "ignore" Berkshire Hathaway CEO Warren Buffett's unflattering comments about Bitcoin as the main point of investing is to make money. Thus, productive assets shouldnโt be the only factor.
๐ง Guys from Circle believe that the Fed should refuse to launch a digital dollar, arguing that could strangle private-sector efforts to manage their dollar-based tokens. On top of that, USDC is already meeting โmany of the potential benefitsโ of CBDC.
๐ฅณ A group of former executives from Binance has created a $100 million venture fund. The fund will be mainly focused on the metaverse and bringing greater crypto adoption to emerging markets like Latin America and Africa. Would you get on the train?
๐5๐ฅ4โค2๐ฑ1
๐Hey Nimbus Community,
Everyone wants to get their hands on the next Cryptopunks or Azuki's before it's too late to Ape. But how do you define a value of an NFT? How do you know that an NFT is even valuable?
Although evaluating an NFT is complex as it depends on many factors, including utility and other factors. This is where the metric โจThe Floor Priceโจ comes into play.
๐งฎ Who sets the floor price? The creator is usually the one who sets the floor price. It can also be set by someone who owns an NFT in a particular project and decides to list it for sale on a secondary market at a lower price than the other sellers in that project.
โ ๏ธItโs important to note that the floor price is volatile, which means that you should be prepared for unexpected rises and drops. In time, as a collection becomes famous, the floor price rises as well. As the lowest asking price you can pay for an item in a collection (unlike the average price), provided itโs not in auction at that time, the floor price is updated in real-time.
๐กTracking floor prices is important and challenging, especially if you want to flip NFTs. NFT floor price tracking tools can help with that.
Here are some NFT evaluation tools that should help you keep on top of your game:
โ๏ธFor checking the floor price of your NFTs (Opensea) all at once: https://floorchecker.com
โ๏ธFor finding the latest NFTs that are being aped on the most: https://www.apefinder.app
โ๏ธFor researching/tracking the rarity of an NFT: https://chrome.google.com/webstore/detail/rarity-tool-researcher/gagfonbgflhdcnlefcmlpcblpkflkafl
Everyone wants to get their hands on the next Cryptopunks or Azuki's before it's too late to Ape. But how do you define a value of an NFT? How do you know that an NFT is even valuable?
Although evaluating an NFT is complex as it depends on many factors, including utility and other factors. This is where the metric โจThe Floor Priceโจ comes into play.
๐งฎ Who sets the floor price? The creator is usually the one who sets the floor price. It can also be set by someone who owns an NFT in a particular project and decides to list it for sale on a secondary market at a lower price than the other sellers in that project.
โ ๏ธItโs important to note that the floor price is volatile, which means that you should be prepared for unexpected rises and drops. In time, as a collection becomes famous, the floor price rises as well. As the lowest asking price you can pay for an item in a collection (unlike the average price), provided itโs not in auction at that time, the floor price is updated in real-time.
๐กTracking floor prices is important and challenging, especially if you want to flip NFTs. NFT floor price tracking tools can help with that.
Here are some NFT evaluation tools that should help you keep on top of your game:
โ๏ธFor checking the floor price of your NFTs (Opensea) all at once: https://floorchecker.com
โ๏ธFor finding the latest NFTs that are being aped on the most: https://www.apefinder.app
โ๏ธFor researching/tracking the rarity of an NFT: https://chrome.google.com/webstore/detail/rarity-tool-researcher/gagfonbgflhdcnlefcmlpcblpkflkafl
๐ฅ7๐3๐ฑ1
โHey Nimbus community,
๐ด Arthur Hayes, one of the three co-founders and the CEO of BitMEX, published a new essay, confirming his prediction on Ethereum for $10,000. In his opinion, the market is already at the bottom, and the new ATH is only a matter of time. For BTC he forecasts $70 000.
๐ One of the world's largest fast-food restaurant chains, Chipotle, will accept cryptocurrencies at 3,000 locations across the US. Customers will be able to buy a conditional burrito for one of 98 cryptocurrencies. Reminds us of the pizza for BTC story.
๐ฅ Binance is launching its own casino venture capital fund. According to Binance Labs, around $500 million have been raised for its debut start-up fund. Binance Labs plans to use the capital to invest in projects focused on infrastructure, NFT, and DAOs.
๐๏ธโโ๏ธ The manager of the George Soros fund said that digital assets are gradually becoming mainstream, and believes that ETH will become more in demand than Bitcoin after the transition to PoS. When do you think "The Mergeโ will finally take place?
๐ง In order to prevent negative effects on the economy, the UK Treasury might give the BoE authority to address the collapse of failed systemic stablecoins, under proposals being drawn up by the government to mitigate future fallouts in the cryptomarkets.
๐ด Arthur Hayes, one of the three co-founders and the CEO of BitMEX, published a new essay, confirming his prediction on Ethereum for $10,000. In his opinion, the market is already at the bottom, and the new ATH is only a matter of time. For BTC he forecasts $70 000.
๐ One of the world's largest fast-food restaurant chains, Chipotle, will accept cryptocurrencies at 3,000 locations across the US. Customers will be able to buy a conditional burrito for one of 98 cryptocurrencies. Reminds us of the pizza for BTC story.
๐ฅ Binance is launching its own casino venture capital fund. According to Binance Labs, around $500 million have been raised for its debut start-up fund. Binance Labs plans to use the capital to invest in projects focused on infrastructure, NFT, and DAOs.
๐๏ธโโ๏ธ The manager of the George Soros fund said that digital assets are gradually becoming mainstream, and believes that ETH will become more in demand than Bitcoin after the transition to PoS. When do you think "The Mergeโ will finally take place?
๐ง In order to prevent negative effects on the economy, the UK Treasury might give the BoE authority to address the collapse of failed systemic stablecoins, under proposals being drawn up by the government to mitigate future fallouts in the cryptomarkets.
๐11โค5๐ฑ1
๐ Hello Nimbus Community,
The development roadmap and strategic planning of the Nimbus Platform have evolved significantly over time. One of our key goals in 2022 is to accelerate the project growth by actively bootstrapping a community that truly believes in the projectโs vision and prospers while doing so.
Hence, the roadmap and each reward are designed to incentivize long-term protocol holders to create a flywheel where utility and incentives drive long-term participation, which further drives utility and attracts even more incentives.
Nimbus token stability is one of the many parts of this new chapter aimed at accelerating protocol growth. In the spirit of that sentiment, weโre happy to announce that Nimbus Affiliate program V3.1 is to be updated to version 4.0 very soon, i.e. within one month. Here are 4 steps underlying the Nimbus Affiliate program that will help in promoting the stability of NBU and GNBU tokens:
โ The Hard Staking period for the Nimbus Affiliate Program will be modified to 90 and 365 days
โ Three rewards to Affiliate Program stakers will now accrue in NFT tokens, which will remain vested in the platform's liquidity pools for 90 or 365 days depending on the chosen staking pool
โ๏ธOne time Airdrop bonus will be distributed as Smart Staker NFT
โ๏ธ10% Staking amount given to users who join using referral links will be distributed in NFT tokens
โ๏ธ12% cashback will be distributed as Smart LP n-NFT
What does that mean for the community?
Users who truly believe in the Nimbus Platform vision can reap more rewards for their loyalty by participating in the Nimbus Affiliate Program 4.0. This long-term incentives relationship between the protocol and the users promotes Nimbus token stability.
We're constantly working to push forward, and the Affiliate Program 4.0 is one of the steps to help improve the project's performance and ensure benefits for the Community. More details on the AP 4.0 will be published soon, so, stay tuned ๐
The development roadmap and strategic planning of the Nimbus Platform have evolved significantly over time. One of our key goals in 2022 is to accelerate the project growth by actively bootstrapping a community that truly believes in the projectโs vision and prospers while doing so.
Hence, the roadmap and each reward are designed to incentivize long-term protocol holders to create a flywheel where utility and incentives drive long-term participation, which further drives utility and attracts even more incentives.
Nimbus token stability is one of the many parts of this new chapter aimed at accelerating protocol growth. In the spirit of that sentiment, weโre happy to announce that Nimbus Affiliate program V3.1 is to be updated to version 4.0 very soon, i.e. within one month. Here are 4 steps underlying the Nimbus Affiliate program that will help in promoting the stability of NBU and GNBU tokens:
โ The Hard Staking period for the Nimbus Affiliate Program will be modified to 90 and 365 days
โ Three rewards to Affiliate Program stakers will now accrue in NFT tokens, which will remain vested in the platform's liquidity pools for 90 or 365 days depending on the chosen staking pool
โ๏ธOne time Airdrop bonus will be distributed as Smart Staker NFT
โ๏ธ10% Staking amount given to users who join using referral links will be distributed in NFT tokens
โ๏ธ12% cashback will be distributed as Smart LP n-NFT
What does that mean for the community?
Users who truly believe in the Nimbus Platform vision can reap more rewards for their loyalty by participating in the Nimbus Affiliate Program 4.0. This long-term incentives relationship between the protocol and the users promotes Nimbus token stability.
We're constantly working to push forward, and the Affiliate Program 4.0 is one of the steps to help improve the project's performance and ensure benefits for the Community. More details on the AP 4.0 will be published soon, so, stay tuned ๐
๐10โค8๐ฑ3