According to DappRadar July 2022 Report, TVL in DeFi improved by 22% thanks to strong growth in the top blockchainsπͺ
Over the month:
π Ethereum rose from $46 billion to $57.9 billion
π 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
Over the month:
π Ethereum rose from $46 billion to $57.9 billion
π 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
π7π₯1
Win $150 from Nimbus! π°
How to enter:
βοΈCount all Nimbus Glossary posts on Twitter and drop the number in comments under the post π https://twitter.com/nmbplatform/status/1565681778307768322
βοΈLIKE them ALL
βοΈFollow our Twitter and TG
βοΈTag 2 friends
First 5 correct answers will get $30 in NBU!
Winners to be announced Sep 8th
Good luck!π
How to enter:
βοΈCount all Nimbus Glossary posts on Twitter and drop the number in comments under the post π https://twitter.com/nmbplatform/status/1565681778307768322
βοΈLIKE them ALL
βοΈFollow our Twitter and TG
βοΈTag 2 friends
First 5 correct answers will get $30 in NBU!
Winners to be announced Sep 8th
Good luck!π
π₯8π1
βοΈHey Nimbus community,
π€‘ 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.
π± A big oopsie from Cryptoβ€comβ¦ 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!
π 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.
π 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, McDonaldβs, Wingstop, Panda Express, and Tyson Foods have expressed interest in the metaverse.
π€‘ 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.
π± A big oopsie from Cryptoβ€comβ¦ 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!
π 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.
π 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, McDonaldβs, Wingstop, Panda Express, and Tyson Foods have expressed interest in the metaverse.
π6β€1
πHey 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, hereπ
https://app.nimbusplatform.io/#/multisender
β Tokens Supported on the BSC Mainnet:
$NBU
$GNBU
$XRP
$USDC
$USDT
$wBNB
$BUSD
$DOT
$DAI
$WETH
β Tokens Supported on the ETH Mainnet:
$NBU
$GNBU
$USDC
$USDT
$wBNB
$BUSD
$DAI
$wETH
$wBTC
The Nimbus Multisender V2.0 supports 10 new tokens on BSC Mainnet and 9 new tokens on the ETH mainnet!
Check it out, hereπ
https://app.nimbusplatform.io/#/multisender
β Tokens Supported on the BSC Mainnet:
$NBU
$GNBU
$XRP
$USDC
$USDT
$wBNB
$BUSD
$DOT
$DAI
$WETH
β Tokens Supported on the ETH Mainnet:
$NBU
$GNBU
$USDC
$USDT
$wBNB
$BUSD
$DAI
$wETH
$wBTC
π₯13π€©1
πΈ Following up with Binance on their weekly crypto WODL, Nimbus team is launching our own fun challenge!
π§ Wanna know who invented BTC? The first word you see will be the key!
Let us know in the comments what you've spotted!π
https://twitter.com/nmbplatform/status/1565747278891057153
π§ Wanna know who invented BTC? The first word you see will be the key!
Let us know in the comments what you've spotted!π
https://twitter.com/nmbplatform/status/1565747278891057153
π8π₯1
πHey 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:
βοΈYou can transfer your original staking balance to the Nimbus platform using the "Transfer to TAKE IT NFT" button.
βοΈOnce this process is completed successfully, you will receive a TAKE IT NFT in your wallet.
βοΈAt 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.
βοΈThere is no deadline to transfer your tokens after the staking period, but itβs 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:
β Burn your TAKE IT NFT and receive BUSD tokens
β 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)
β 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.
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:
βοΈYou can transfer your original staking balance to the Nimbus platform using the "Transfer to TAKE IT NFT" button.
βοΈOnce this process is completed successfully, you will receive a TAKE IT NFT in your wallet.
βοΈAt 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.
βοΈThere is no deadline to transfer your tokens after the staking period, but itβs 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:
β Burn your TAKE IT NFT and receive BUSD tokens
β 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)
β 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.
π8π₯2
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πFun time with Nimbus: Emoji gameβΊοΈ Post emojis for us to guess the crypto! We start: π»π
π https://twitter.com/nmbplatform/status/1565980714583183361
What other interesting facts about Vitalik do you know?
π https://twitter.com/nmbplatform/status/1565980714583183361
π https://twitter.com/nmbplatform/status/1565980714583183361
What other interesting facts about Vitalik do you know?
π https://twitter.com/nmbplatform/status/1565980714583183361
π₯6π3
πHey Nimbus Community,
Weβre 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 tokensβversus the NBU supply thatβs 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:
βοΈNew users can acquire NIMB on the AP registration page πHere
βοΈExisting users can acquire NIMB in their personal cabinet πHere
How does NBU/NIMB value correlate?
β 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.
β The NBU value will be the only indicator for the NIMB tokenβs value up to the end of the first NIMB tokenβs staking period.
β During this period, NIMB is only going to AP4.1 and Prime Brokerage products of Nimbus Platform
β NIMB is not available on exchanges until the end of the 90 days.
β 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 πHere
βΌοΈNote: Regular NBU holders donβt need to take any actions for now. Weβre currently building an easy onboarding tool that will start the migration process shortly! More details will be shared shortly.
Stay tuned.
Weβre 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 tokensβversus the NBU supply thatβs 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:
βοΈNew users can acquire NIMB on the AP registration page πHere
βοΈExisting users can acquire NIMB in their personal cabinet πHere
How does NBU/NIMB value correlate?
β 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.
β The NBU value will be the only indicator for the NIMB tokenβs value up to the end of the first NIMB tokenβs staking period.
β During this period, NIMB is only going to AP4.1 and Prime Brokerage products of Nimbus Platform
β NIMB is not available on exchanges until the end of the 90 days.
β 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 πHere
βΌοΈNote: Regular NBU holders donβt need to take any actions for now. Weβre currently building an easy onboarding tool that will start the migration process shortly! More details will be shared shortly.
Stay tuned.
π8π₯2
πHappy Monday, Nimbus fam!
Psychologists say that Mondays are the best day of the week for goal-settingπ
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
π₯ - I`ll start today
π - tomorrow for sure
Psychologists say that Mondays are the best day of the week for goal-settingπ
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
π₯ - I`ll start today
π - tomorrow for sure
π₯6π1
The hottest crypto happenings for Sep, 5 π₯
π Nigeria and Binance are in talks to create a digital economic zone that will support blockchain technology adoption.
π LG brings NFTs to its LED and OLED TVs.
π US National security experts raise alarm over an NFT seen as the first one to be created and shared by a 'terrorist sympathizer'.
π Australia establishes a new crypto police to focus on monitoring crypto-related transactions.
π Liz Truss, who said the UK 'should welcome cryptocurrencies' will be the next prime minister.
π Nigeria and Binance are in talks to create a digital economic zone that will support blockchain technology adoption.
π LG brings NFTs to its LED and OLED TVs.
π US National security experts raise alarm over an NFT seen as the first one to be created and shared by a 'terrorist sympathizer'.
π Australia establishes a new crypto police to focus on monitoring crypto-related transactions.
π Liz Truss, who said the UK 'should welcome cryptocurrencies' will be the next prime minister.
π7β€1
8 Things You Didnβt Know About Vitalik Buterin & Ethereum!
πVitalik Buterin was the person who initially published the white paper explaining his concept of Ethereum in November 2013 at the age of 19.
πIncluding 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.
πVitalik Buterinβs genius was recognized as early as the 3rd grade at school.
πHis father Dmitriy Buterin was a computer programmer.
πVitalik began to write articles in βBitcoin Weeklyβ magazine , for which he earned 5 Bitcoins per article.
πEven though ETH could be purchased in 2014, the Ethereum blockchain actually didnβt go live until 30 July 2015.
πThe name βEthereumβ 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.
πSome people speculated Google was attempting to hire Vitalik Buterin for a secret cryptocurrency project after Vitalik asked on Twitter whether he should βdrop Ethereum and work for Googleβ.
Got it all? Try your hand in our quiz!
https://twitter.com/nmbplatform/status/1566840828642971648
πVitalik Buterin was the person who initially published the white paper explaining his concept of Ethereum in November 2013 at the age of 19.
πIncluding 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.
πVitalik Buterinβs genius was recognized as early as the 3rd grade at school.
πHis father Dmitriy Buterin was a computer programmer.
πVitalik began to write articles in βBitcoin Weeklyβ magazine , for which he earned 5 Bitcoins per article.
πEven though ETH could be purchased in 2014, the Ethereum blockchain actually didnβt go live until 30 July 2015.
πThe name βEthereumβ 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.
πSome people speculated Google was attempting to hire Vitalik Buterin for a secret cryptocurrency project after Vitalik asked on Twitter whether he should βdrop Ethereum and work for Googleβ.
Got it all? Try your hand in our quiz!
https://twitter.com/nmbplatform/status/1566840828642971648
π4β€2
Do you own NBU and GNBU?
Are you a crab π¦, a dolphinπ¬, or maybe a whale π³?!
Even if you are a shrimp π¦, never forget you are swimming in good company!
π https://twitter.com/nmbplatform/status/1566856339678060544
Are you a crab π¦, a dolphinπ¬, or maybe a whale π³?!
Even if you are a shrimp π¦, never forget you are swimming in good company!
π https://twitter.com/nmbplatform/status/1566856339678060544
π11π₯3
Nimbus has the bestβ¦
π₯ Community
π Team
π€© Features
β€οΈ All of them
Come to vote on Twitter too!
π https://twitter.com/nmbplatform/status/1566871334612869122
π₯ Community
π Team
π€© Features
β€οΈ All of them
Come to vote on Twitter too!
π https://twitter.com/nmbplatform/status/1566871334612869122
β€8π2
If you're new to DeFi, liquidity pools can be a complicated concept to graspπ€―
Nimbus would say:
Liquidity Pool is a place where different crypto play together and fuel DeFi mechanism just by moving
How would you explain LP? Lets do our best to help others understand it π
https://twitter.com/nmbplatform/status/1567093376683593729
Nimbus would say:
Liquidity Pool is a place where different crypto play together and fuel DeFi mechanism just by moving
How would you explain LP? Lets do our best to help others understand it π
https://twitter.com/nmbplatform/status/1567093376683593729
π7π₯1
πHey Nimbus Community,
Lending is an important part of DeFi, and most dApps require users to lock up an asset to take out a loan. So in todayβs glossary, weβll cover Over Collateralization.
Collateralized loans, in general, are more advantageous than un-collateralized ones. And setting the collateral at a higher level than the loanβs value means reducing the volatility-related risk even more. When the asset locked is more valuable than the loan, the borrower is less likely not to pay the loan.
Over-collateralization can also happen when the asset placed as collateral increases after the loan is taken.
In general, over-collateralization and liquidation provide protocols with sufficient liquidity.
On Nimbusβs Lending dApp, loans are overcollateralized, ensuring your assets cannot be lost.
This functionality provides users with the yield on digital assets with minimized risks!
Outperform even in volatile markets with Nimbus's lend dApp π HERE!
Lending is an important part of DeFi, and most dApps require users to lock up an asset to take out a loan. So in todayβs glossary, weβll cover Over Collateralization.
Collateralized loans, in general, are more advantageous than un-collateralized ones. And setting the collateral at a higher level than the loanβs value means reducing the volatility-related risk even more. When the asset locked is more valuable than the loan, the borrower is less likely not to pay the loan.
Over-collateralization can also happen when the asset placed as collateral increases after the loan is taken.
In general, over-collateralization and liquidation provide protocols with sufficient liquidity.
On Nimbusβs Lending dApp, loans are overcollateralized, ensuring your assets cannot be lost.
This functionality provides users with the yield on digital assets with minimized risks!
Outperform even in volatile markets with Nimbus's lend dApp π HERE!
π7β€2
How does token staking work with Nimbus?
βͺοΈ Two tokens ( GNBU & NBU)
βͺοΈ 6 staking options
βͺοΈ 4 time frames
βͺοΈ up to 20% APY
βͺοΈ Up to 100% APY in LP Staking
π§Let us know if you ever tried staking!
https://twitter.com/nmbplatform/status/1567153328458534914
βͺοΈ Two tokens ( GNBU & NBU)
βͺοΈ 6 staking options
βͺοΈ 4 time frames
βͺοΈ up to 20% APY
βͺοΈ Up to 100% APY in LP Staking
π§Let us know if you ever tried staking!
https://twitter.com/nmbplatform/status/1567153328458534914
π4π₯3
π Hey, Nimbus Community,
As you know, the Nimbus website was upgraded to a new version that comes with a friendlier interface meant to offer an even smoother experience.
βοΈAnd now we have implemented Nimbus Website language support:
So far, we have already translated the main site into 8 languages to enhance that improved UX.
Current languages supported on the Platform include English, Mandarin, Russian, Spanish, German, Bulgarian, Hindi, Arabic, and Indonesian.
Check it out on nimbusplatform.io πππ
Stay tuned to catch the next improvements we bring to the Nimbus ecosystem, and let's spread globally together!
As you know, the Nimbus website was upgraded to a new version that comes with a friendlier interface meant to offer an even smoother experience.
βοΈAnd now we have implemented Nimbus Website language support:
So far, we have already translated the main site into 8 languages to enhance that improved UX.
Current languages supported on the Platform include English, Mandarin, Russian, Spanish, German, Bulgarian, Hindi, Arabic, and Indonesian.
Check it out on nimbusplatform.io πππ
Stay tuned to catch the next improvements we bring to the Nimbus ecosystem, and let's spread globally together!
π12π₯2
The hottest crypto happenings for Sep, 6 π₯
π Binance hires a former Brazilian Economy Minister as an adviser.
π Ethereum successfully upgrades to Bellatrix Merge, the complete Merge to take place in the coming week.
π Netflix bans crypto commercials on ad-based streaming service.
π Singaporeβs largest bank plans to expand its digital asset offerings to more of its 300K users.
Let us know in the comments which one amazed you the most!
π Binance hires a former Brazilian Economy Minister as an adviser.
π Ethereum successfully upgrades to Bellatrix Merge, the complete Merge to take place in the coming week.
π Netflix bans crypto commercials on ad-based streaming service.
π Singaporeβs largest bank plans to expand its digital asset offerings to more of its 300K users.
Let us know in the comments which one amazed you the most!
π9π₯1
The merge of Ethereum is coming close! It will change how the network is secured, its energy consumption, and tokenomics
Do you think itβll make the $ETH flip $BTC?π§
Let us know in the comments π
Yes/No
Do you think itβll make the $ETH flip $BTC?π§
Let us know in the comments π
Yes/No
π7
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Learn how to get best of DeFi with our YouTube channel!
πAll episodes of Nimbus Academy
βοΈGuides on how to easily interact with the Platform
π€Panel discussion and Live streams from Nimbus Team
Go check it out and don`t forget to subscribe: https://www.youtube.com/c/NimbusPlatformChannel
πAll episodes of Nimbus Academy
βοΈGuides on how to easily interact with the Platform
π€Panel discussion and Live streams from Nimbus Team
Go check it out and don`t forget to subscribe: https://www.youtube.com/c/NimbusPlatformChannel
π9β€3π₯2