Syncord | Official News Channel
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Syncord is a DAO-governed platform that offers earning strategies for users boosted by multiple layers of risk-management. Receive rewards from IPO participation, Lending & Borrowing, and more in one spot.
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✌️Hey Nimbus community,

πŸ‘ΏSolana Labs ran into some bad apples. The ecosystem's key players have been accused of profiting from SOL, the blockchain’s native token that according to the suit is unregistered security. Do you think insiders actually took advantage of retail traders?

πŸ‘Ύ For those who love casinos - Shiba Inu's lead developer announced SHI Stablecoin. The idea is to take UST's and USDN's spots on the crypto market. How safe is it and what kind of independent experimental decentralized protocol it will use – still not clear.

🀑 More regulation = less freedom. The European Parliament wants to "drive" the decentralized finance (DeFi) sector, DAO and NFT venues under EU anti-money laundering laws. The parliamentarians believe this kind of platform should be subject to AML procedures.

πŸ₯΄Few words about correlation. Coinbase analysts concluded that two-thirds of the recent decline in crypto prices can be attributed to macro factors and one-third to a weakening of the outlook solely for cryptocurrencies. Does it mean that the bottom is near?

πŸ‘»Good news for DOGE holders! The Boring Company has launched a way for customers to pay for rides on Loop, its Las Vegas transit system, with the meme coin. Talking about the market reaction, no serious moves so far. Probably, the risk-off is still there...
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πŸ‘‹ Hey Nimbus Community,

The wait for the launch of the Smart Staker n-NFT is finally coming to an end 🀩

Tomorrow, July 12, you will be able to fully experience all the benefits that this NFT offers to its holders.

Here is a short list of insights that will help you understand why this NFT deserves your attention:

βœ… You can issue n-NFTs with BNB or BUSD tokens
βœ… 60% APY on NBU and GNBU Soft Staking (35% share each) - rewards accrued in NBU
βœ… Up to 40% APY on CAKE-BNB LP Staking (30% share) - rewards accrued in CAKE
βœ… Risk diversification. The incoming asset is converted into 4 tokens: NBU, GNBU, CAKE and WBNB
βœ… Rewards can be withdrawn at any time, whenever it is convenient for the user
βœ… NFT can be burned no earlier than 30 days after purchase, and if the NFT is not burned after 30 days, it continues to generate rewards for its holder
βœ… NFT can be exchanged through the P2P dApp

And for those who want to know more, we prepared a long read with all details that will help you get full understanding of the underlying concept πŸ‘‰ Link
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🎁 Did you think that's all? In fact, we are in a hurry to please you: tomorrow we will announce a contest on the occasion of the Smart Staker n-NFT launch, and the most active users will be able to get cool rewards!

Follow the updates and stay tuned πŸ˜‰
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πŸ‘‹ Hey Nimbus Community,

After the long deployment process, the second token in the Nimbus NFT family - Smart Staker - is finally LIVE 🀩

You can now enjoy the benefits that the BNB-based NFT provides its holders with. And in the upcoming hours, the NFT based on BUSD tokens will also be launched.

For those who have not yet delved into the topic, we prepared a long read with all details πŸ‘‰ link

Meanwhile, as promised, we're happy to announce the contest conditions dedicated to the Smart Staker n-NFT launch 🎁

βœ… Contest duration: July 12, 2022 - July 20, 2022 (till 23:59 CET)
βœ… Who can participate: everyone who acquires Smart Staker n-NFT
βœ… Reward: Every tenth user who acquires Smart Staker n-NFT will receive $100 worth of NBU tokens that will be accrued to his or her wallet. There will be 10 winners among BNB-based NFT holders and 10 winners among BUSD-based NFT holders so that everyone has equal chances to win.

And here comes another special reward - for the ones who like playing big πŸ₯ Those four users who put the largest amount of assets to Smart Staker n-NFT during the contest will get one Smart Staker n-NFT of 1 BNB! Again, there will be two winners among BNB-based NFT holders and two winners among BUSD-based NFT holders.

You can access Smart Staker n-NFT here.

Good luck to everyone and may the most active ones win! πŸ’ͺ
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πŸ‘‹ Hey Nimbus Community,

Some of you could already experience BNB-based Smart Staker n-NFT yesterday.

But the BUSD campers don't have to wait any longer because...

πŸ₯... the BUSD-Based Smart Staker NFT is LIVE now!

From now, all the functionality of Smart Staker n-NFT is available to you, which means you have no barriers anymore to multiply your assets even more πŸ˜‰

You can access the Smart Staker πŸ‘‰ here

We also remind you of the contest dedicated to the token's launch. Here is the short summary:

βœ… Contest duration: July 12, 2022 - July 20, 2022 (till 23:59 CET)
βœ… Everyone who acquires Smart Staker n-NFT can participate
βœ… Every tenth user who acquires Smart Staker n-NFT will receive $100 worth of NBU tokens. There will be 10 winners among each Smart Staker's type holders.

You can read the full terms in the previous post πŸ“„
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πŸ‘‹ Hey Nimbus Community,

Here is one more piece of news that we would like to share with you! 😏

We now have an official channel in Chinese πŸ‡¨πŸ‡³, where we will be covering all our newsbreaks and tech updates.

Here is the link for all Chinese speakers to join in πŸ‘‰ https://t.me/cnnmbplatform
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πŸ‘‹ Hey Nimbus Community, 

Today’s glossary covers a type of token that creators can use as they please to build a solid fan base and monetize their work – The Social Token.

It’s a customized type of cryptocurrency that members of a particular community can use to gain access to special experiences, unique content or merchandise, or personalized communication with the creator.

Social tokens are used by creators, brands, and influencers who want to create a community around their creative output, reward the members and engage them in growing the community. These tokens can be resold, and since they have a limited supply, their value can increase over time if there is high demand.

Social tokens vs. NFTs

Unlike NFTs, social tokens are fungible and a way for the creator to assign but also extract value from the community they are building. While NFTs are used for monetizing a particular creation, social tokens’ purpose is monetizing the creator’s overall activity.

Social tokens are used by artists, athletes, and public personalities, and the holders can use them in different ways:

βœ”οΈFor access to particular benefits
βœ”οΈFor exchanges
βœ”οΈAs investment

Social tokens are a way of turning the relationship between creator and fan base mutually beneficial. The creator can adjust their interaction with the community, and fans get a digital recognition of their loyalty.
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πŸ‘‹ Hey Nimbus Community,

We have another contest-related topic to be announced!

The contest dedicated to the latest livestream with Nimbus top management has come to an end πŸ˜‹

So, here are our winners:

1️⃣ Xauk Arkauzin
2️⃣ Pertz
3️⃣ Wolfgang Stein

Each winner will receive one Smart Staker n-NFT of 1 BNB. Isn't it a truly tempting way to multiply your assets? 😏

We already contacted the winners in YouTube comments under the latest livestream video.

Also, a gentle reminder for those who like contests 😌 We've recently announced the Smart Staker n-NFT contest dedicated to the launch of the second Nimbus NFT πŸ‘‰https://t.me/nmbplatform/766

It's all in your hands guys, let's go!
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Here comes another update for you! 😎

We’re pleased to announce that the Nimbus Multisender tool is now LIVE!

Send tokens to different wallets but in an advanced mode!

Check it out πŸ‘‰ here!

How's it possible?
⚑️ Multisender now allows users to send tokens to multiple addresses in ONE transaction!

What utility does the tool offer?
βœ… Saves time by automatically generating transactions on MetaMask
βœ… Increases cost efficiency in terms of gas fees

What use cases does it unlock?
🌟 A perfect tool for the gig economy as Web3 and Web2 businesses (integrating cryptocurrency as a payment layer) can airdrop transactions to their employees all in one go!
🌟 A powerful tool for ecosystem DAOs to make multiple transactions to contributors to enhance scalability and efficiency

Official documentation and a guide on the tool are coming soon, as well as further functionality improvement!
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πŸ‘‹ Hey Nimbus community,

πŸ‘Ώ There is no β€œtoo big to fail”. Cryptocurrency lender Celsius Network has fully repaid its debts, returned all collateral funds (about $1 billion), and declared bankruptcy under Chapter 11 of the U.S. Code, which involves restructuring the business. Who will be next?

πŸ™ˆ Is the crypto winter close to an end? According to its recent report, Glassnode analysts believe that the bear market has reached the final stage with signs of deep capitulation, but signals of reaching the bottom have not yet been formed. So volatility to persist.

❀️ Switzerland loves digital assets. The Swiss Post has announced plans to expand access to crypto assets through its banking arm, PostFinance - a service for trading and storing digital assets that will likely be developed no later than 2024. Adoption gains momentum.

😐 Who is behind all recent crypto hacks? Partially, North Korea. The bad news is that the country will continue attacking digital companies. According to a former CIA agent, this kind of attack brings the regime a critical revenue stream. Keep your funds safe.

😭 Centralization doesn’t help. The oldest Spanish marketplace 2gether blocked access to the site and user accounts. The company promises to resume operations only if each of the 100,000 users donates €20 to the exchange. Otherwise, all the funds will be confiscated…
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πŸ‘‹ Hey Nimbus Community,

While many of you continue to explore the recently launched Smart Staker n-NFT, we remind you that there are rewards for this! 🎁

Here is a short summary for you:

βœ… Contest duration: July 12, 2022 - July 20, 2022 (till 23:59 CET)
βœ… Who can participate: everyone who acquires Smart Staker n-NFT
βœ… Reward: Every tenth user who acquires Smart Staker n-NFT will receive $100 worth of NBU tokens that will be accrued to his or her wallet. There will be 10 winners among BNB-based NFT holders and 10 winners among BUSD-based NFT holders so that everyone has equal chances to win.

But there is also a special reward: those four users who put the largest amount of assets to Smart Staker n-NFT during the contest will get one Smart Staker n-NFT of 1 BNB each! 🀩 Again, there will be two winners for each Smart Staker's type.

You can access the Smart Staker πŸ‘‰ here
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πŸ‘‹ Hey Nimbus Community,

We remind you that there are only three days left until the end of the Smart Staker n-NFT contest!

It's time to get down to business and mint your NFTs πŸ˜‰

You can access them πŸ‘‰ here
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πŸ‘‹ Hey Nimbus Community,

πŸ˜‰ We hope you already had a chance to experience the recently launched Multisender functionality, which is available for access πŸ‘‰ here

As promised, we are striving for improving this tool to ensure its accessibility and utility. Hence, we expect you to help us in that aspect by answering a simple question: What other tokens would you add to the Multisender functionality? πŸ€”

Below the post, we're attaching a poll with options to make it easier for you to share your opinion with us πŸ™Œ
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What tokens would you add to the Multisender functionality?
Anonymous Poll
27%
USDC
47%
USDT
21%
WBNB
46%
BUSD
45%
BTC
26%
DOT
16%
DAI
22%
WETH
22%
WBTC
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πŸ‘‹Hey Nimbus community,

The explanatory video about the Smart Staker n-NFT is LIVE! You can watch it at the link πŸ˜‰

In this episode, Pedro Reyes, an Internal Auditor on the Nimbus tech team, goes over every vital aspect of the recently launched token.

The following topics were covered in the video:
βœ… What utility does the Smart Staker n-NFT offer?
βœ… The n-NFT’s role as one of the Platform’s asset diversification and optimization tools
βœ… Smart Staker’s relationship with the Platform’s native tokens, i.e. NBU and GNBU
βœ… How does the Smart Staker n-NFT work?
βœ… How are your supplied assets allocated when issuing the n-NFT?
βœ… What rewards does a Smart Staker holder receive?

πŸ’‘Also, if you missed the Smart Staker n-NFT contest to a certain reason (it will end on July 20, by the way), you'll get a quick overview of the conditions and the rewards you can get!

🀩 But don't go far! We're happy to announce that the minimum threshold for issuing the BUSD-based Smart Staker n-NFT has been reduced significantly!

βœ”οΈ Old threshold - 500 BUSD
βœ… New threshold - 200 BUSD

This update was proposed to reduce the entry barrier and enhance accessibility.
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πŸ‘‹ Hey Nimbus Community,

Today, not to let you get bored πŸ˜‰, we prepared a piece of material that may help you get a few insights on the Smart Staker n-NFT if you haven't already. You can find the infographics attached to the post! ✨ That's a very handy reminder covering the main aspects of the token, so, save it and keep it close to you!

Also, we kindly remind you that the Smart Staker n-NFT contest is coming to an end - just around 24 hours are left. So, consider it the last chance to get some tempting rewards! πŸ’ͺ
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πŸ‘‹Hey Nimbus Community,

It’s time for a new glossary term, a basic one representing how information is recorded in the cryptosystem: the Public Ledger.

Its name comes from the old record-keeping systems used primarily in agriculture for storing prices and other relevant information. The crypto public ledger works similarly in the sense that it’s based on a public verification mechanism.

A blockchain is a public ledger – a chain of blocks recording the details of crypto transactions. The blockchain can hold more than just financial transactions; anything that has value can be virtually recorded.

The public ledger allows the participants in a transaction to verify the details, but no central authority or intermediary is involved. It’s actually the basis on which crypto trading is developed because it stores information in a decentralized manner.
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