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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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Did you know that there are almost 24,000 cryptocurrencies in existence!?😱

If each of us owned at least 1 crypto together, we would fill more than half of Juventus Stadium!

How many are in your portfolio? Let us know in the comments on TwitterπŸ‘‡

https://twitter.com/nmbplatform/status/1564697861740175361
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πŸ‘‹Hey Nimbus Community, 

What fits your pocket and brings the best of DeFi opportunities to your fingertips? 

No hard guesses here! It’s the Nimbus Mobile App!

The exciting news is that the Nimbus Smart Staker n-NFT is now also on the Mobile app!

Check it outπŸ‘‰ Here!

What does this mean?

The ultimate ability to generate rewards on your BUSD or BNB using the world’s first family of yield-generating n-NFTs on the go! with your mobile App!

How do you generate rewards with the Smart Staker?

It’s simple! By depositing a minimum of 1 BNB or 200 BUSD to issue your very own Smart Staker. 

Once you mint the NFT, the supply assets automatically attach to the Smart staker, sending them to two revenue streams β€” Soft Staking and CAKE-BNB LP Staking.

The Smart Stake n-NFT is available on your Nimbus Andriod Apps. Get started by downloading the app πŸ‘‰ Here

We’d love to hear your feedback about your experience with issuing the Smart staker NFT and accruing rewards. Tell us all about it in the β€œReviewsβ€˜ section on Google Play!
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πŸ‘‹Hey Nimbus Community,

Liquidation is part of the crypto world and something every trader wants to avoid. So today’s glossary will reveal what liquidation is, its consequences, and how it can be avoided.

In DeFi, stake lending is common practice, and the liquidation mechanism is used to reduce the risk for the protocol and keep the system stable so it can continue to work properly.

With margin trading, liquidation happens when the trader’s margin account goes under a previously set level.

Generally speaking, liquidation can also mean selling assets for cash to reduce losses, for example, if a market crash happens.

Nimbus Borrowing was designed to help you stay in control of the situation by setting a custom collateral level. And you can manage the risk of deal liquidation due to the unique notification system.

Check out the app and the benefitsπŸ‘‰ Here!
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The hottest crypto happenings for Aug, 31 πŸ’₯

πŸ“Œ Vitalik Buterin launches a book on his β€˜Proof of Stake’ writings.

πŸ“Œ The President of Paraguay vetoes crypto regulation law.

πŸ“Œ South Korean city of Busan partners with FTX to develop crypto and blockchain-related businesses.

πŸ“Œ Georgia aims to adopt European crypto standards for anti-money laundering.

Which one amazed you most?
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Top 5 things to do before summer ends:

πŸ”Ž Learn BTC history
πŸ”Ž Learn the difference between Web1, Web2, Web3.
πŸ”Ž Diversify stables in your portfolio
πŸ”Ž Register on Twitter and follow Nimbus
πŸ”Ž Become Nimbus ambassador
πŸ”Ž __your option!
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The hottest crypto happenings for Sep, 1 πŸ’₯

πŸ“Œ Bitcoin Beach to receive more than $203 million in infrastructure investments in El Salvador.

πŸ“Œ HermΓ¨s reveals plans for Metaverse fashion shows, crypto and NFTs.

πŸ“Œ Indonesia plans to launch its crypto exchange by the end of 2022.

πŸ“Œ LG Electronics to launch Hedera-based crypto wallet.

πŸ“Œ OpenSea will support Ethereum’s merge to proof-of-stake.

Comment what you think πŸ‘‡
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We have winners for our #ContestFriday πŸ’₯

Here are 5 lucky ones to get $150 in $NBU:

https://twitter.com/nmbplatform/status/1565393882275348481

Thanks to each & everyone for participating! More to come so stay tunedπŸ˜‰
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Fun time with Nimbus: only wrong answers on Twitter!

πŸ’‘ Finish the sentence:

I would describe NFTs as __________.

https://twitter.com/nmbplatform/status/1565423455360647172
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According to DappRadar July 2022 Report, TVL in DeFi improved by 22% thanks to strong growth in the top blockchainsπŸ’ͺ
Over the month:

πŸš€ Ethereum rose from $46 billion to $57.9 billion
πŸš€ Binance Smart Chain rose from $5.97 billion to $6.8 billion

Which one do you use most? Let us know on Twitter:
https://twitter.com/nmbplatform/status/1565429322055405569
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Win $150 from Nimbus! πŸ’°

How to enter:

βœ”οΈCount all Nimbus Glossary posts on Twitter and drop the number in comments under the post πŸ‘‰ https://twitter.com/nmbplatform/status/1565681778307768322
βœ”οΈLIKE them ALL
βœ”οΈFollow our Twitter and TG
βœ”οΈTag 2 friends

First 5 correct answers will get $30 in NBU!

Winners to be announced Sep 8th

Good luck!πŸ€
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✌️Hey Nimbus community,

🀑 Mtβ€€Gox FUD is back. The trustee of the notorious crypto exchange released updated information regarding the rehabilitation plan for creditors of the long-defunct crypto exchange.

😱 A big oopsie from Cryptoβ€€com… In 2021, an employee transferred $10.5 million to a woman from Australia instead of refunding $100. The mistake was discovered only 7 months later during the audit!

😜 Time to move to the Middle East. Qatar's central bank has issued its first license for digital payments services to iPay by Vodafone Qatar and Ooredoo Money. The regulator believes this step will enhance the development of the financial technology sector in the country.

πŸ‘Œ As for Web 3.0, HermΓ¨s has filed a trademark application for its name and plans to enter the metaverse and NFT world. Earlier, Hooters, Taco Bell, KFC, Burger King, Panera Bread, McDonald’s, Wingstop, Panda Express, and Tyson Foods have expressed interest in the metaverse.
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πŸ‘‹Hey Nimbus Community,

The Nimbus Multisender V2.0 supports 10 new tokens on BSC Mainnet and 9 new tokens on the ETH mainnet!

Check it out, hereπŸ‘‡
https://app.nimbusplatform.io/#/multisender

βœ…Tokens Supported on the BSC Mainnet:
$NBU
$GNBU
$XRP
$USDC
$USDT
$wBNB
$BUSD
$DOT
$DAI
$WETH

βœ…Tokens Supported on the ETH Mainnet:
$NBU
$GNBU
$USDC
$USDT
$wBNB
$BUSD
$DAI
$wETH
$wBTC
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πŸ”Έ Following up with Binance on their weekly crypto WODL, Nimbus team is launching our own fun challenge!

🧐 Wanna know who invented BTC? The first word you see will be the key!

Let us know in the comments what you've spotted!πŸ‘‡

https://twitter.com/nmbplatform/status/1565747278891057153
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πŸ‘‹Hey Nimbus Community,

We have an important update for users from AP 3.1

You may have noted that your Staking period in AP 3.1 has already come to an end. But of course, it doesn't mean that your NBU will stop generating rewards for you!!! All you need is already created by our team.

You are welcome to try and use our new functionality - TAKE IT NFT that will be available in coming days.

With TAKE IT NFT:
βœ”οΈYou can transfer your original staking balance to the Nimbus platform using the "Transfer to TAKE IT NFT" button.
βœ”οΈOnce this process is completed successfully, you will receive a TAKE IT NFT in your wallet.
βœ”οΈAt the same time, the Nimbus platform will start exchanging the transferred staking balance in installments at the original rate at the beginning of the staking period.
βœ”οΈThere is no deadline to transfer your tokens after the staking period, but it’s recommended to initiate a transfer in real time for better exchange rates.

After the entire staking balance has been exchanged successfully, you (TAKE IT NFT holder) will be able to:
βœ… Burn your TAKE IT NFT and receive BUSD tokens
βœ… Receive a higher staking balance at the rate at which you originally acquired the NBU tokens (which is higher than the current value of the NBU token)
βœ… 10% of the staking amount as a reward bonus in BUSD tokens

Important!!!
AP 3.1 cabinet interface will stop functioning in coming months. All functionality including TAKE IT NFT will be available only in AP 4.1 cabinet interface.
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πŸ™ŒFun time with Nimbus: Emoji game☺️ Post emojis for us to guess the crypto! We start: πŸ‘»πŸ”—
πŸ‘‰ https://twitter.com/nmbplatform/status/1565980714583183361

What other interesting facts about Vitalik do you know?

πŸ‘‰ https://twitter.com/nmbplatform/status/1565980714583183361
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πŸ‘‹Hey Nimbus Community,

We’re excited to introduce the new refactored NBU token - NIMB!

What is the NIMB token?
NIMB is the new utility token of the Nimbus Platform. It uses a refactored NBU smart contract with an emission limit of 10,000,000,000 NIMB tokensβ€”versus the NBU supply that’s capped at 1,000,000,000 NBU.

Why are we launching the NIMB token?
In the 2 years since its launch, the Nimbus Platform is making parabolic progress thanks to the support and enthusiasm of our community and long-term protocol users.

Due to this positive trend, the Platform and its token economy is undergoing what is known as - demand shock.

This event now seeks a new token economy that is much more dynamic and flexible, with the ability to support new functionalities and user growth on the Nimbus Platform.

After careful observation, backtesting, and months of consultation with industry leaders, introducing a new deflationary token with a higher emission rate was the most effective solution.

This is not only a more effective solution considering the extensive roadmap of the Nimbus Platform, but also it is incredibly beneficial for token holders.

Right now, the NIMB token is integrated for Affiliate Program users:

β˜‘οΈNew users can acquire NIMB on the AP registration page πŸ‘‰Here
β˜‘οΈExisting users can acquire NIMB in their personal cabinet πŸ‘‰Here

How does NBU/NIMB value correlate?
βœ…The value of NIMB is equal to the value of NBU until the opening of pairs which will be in 90 days from the Sept 2nd, 2022 date.
βœ…The NBU value will be the only indicator for the NIMB token’s value up to the end of the first NIMB token’s staking period.
βœ…During this period, NIMB is only going to AP4.1 and Prime Brokerage products of Nimbus Platform
βœ…NIMB is not available on exchanges until the end of the 90 days.
βœ…After 90 days of staking, NIMB will be paired with other standard tokens (BUSD/BNB) and have its own market value.

What does the NIMB token mean for holders?
To find that out, along with additional details on Nimbus tokenomics, go πŸ‘‰Here

‼️Note: Regular NBU holders don’t need to take any actions for now. We’re currently building an easy onboarding tool that will start the migration process shortly! More details will be shared shortly.

Stay tuned.
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πŸŒ„Happy Monday, Nimbus fam!

Psychologists say that Mondays are the best day of the week for goal-settingπŸš€

Here are top 5 things to do this week:

learn crypto terms
explain some of them to your parents
become a part of a DAO
stake tokens
grab a chance to participate in our Giveaway!
https://twitter.com/nmbplatform/status/1565681778307768322

πŸ”₯ - I`ll start today
πŸ‘ - tomorrow for sure
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The hottest crypto happenings for Sep, 5 πŸ’₯

πŸ“Œ Nigeria and Binance are in talks to create a digital economic zone that will support blockchain technology adoption.

πŸ“Œ LG brings NFTs to its LED and OLED TVs.

πŸ“Œ US National security experts raise alarm over an NFT seen as the first one to be created and shared by a 'terrorist sympathizer'.

πŸ“Œ Australia establishes a new crypto police to focus on monitoring crypto-related transactions.

πŸ“Œ Liz Truss, who said the UK 'should welcome cryptocurrencies' will be the next prime minister.
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8 Things You Didn’t Know About Vitalik Buterin & Ethereum!

πŸ“ŒVitalik Buterin was the person who initially published the white paper explaining his concept of Ethereum in November 2013 at the age of 19.

πŸ“ŒIncluding Vitalik himself, there are a total of 8 co-founders of Ethereum, the other 7 people are Gavin Wood, Charles Hoskinson, Anthony Di Iorio, Amir Chetrit, Joseph Lubin, Jeffrey Wilcke and Mihai Alisie.

πŸ“ŒVitalik Buterin’s genius was recognized as early as the 3rd grade at school.

πŸ“ŒHis father Dmitriy Buterin was a computer programmer.

πŸ“ŒVitalik began to write articles in β€œBitcoin Weekly” magazine , for which he earned 5 Bitcoins per article.

πŸ“ŒEven though ETH could be purchased in 2014, the Ethereum blockchain actually didn’t go live until 30 July 2015.

πŸ“ŒThe name β€œEthereum” came from a medieval scientific theory. Scientists assumed ether was a substance that is transparent, weightless, frictionless, undetectable chemically or physically, spreading through all matter and space.

πŸ“ŒSome people speculated Google was attempting to hire Vitalik Buterin for a secret cryptocurrency project after Vitalik asked on Twitter whether he should β€œdrop Ethereum and work for Google”.

Got it all? Try your hand in our quiz!

https://twitter.com/nmbplatform/status/1566840828642971648
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Do you own NBU and GNBU?

Are you a crab πŸ¦€, a dolphin🐬, or maybe a whale 🐳?!

Even if you are a shrimp 🦐, never forget you are swimming in good company!

πŸ‘‰ https://twitter.com/nmbplatform/status/1566856339678060544
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