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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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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Nimbus has the best…

πŸ”₯ Community
πŸ‘ Team
🀩 Features
❀️ All of them

Come to vote on Twitter too!

πŸ‘‰ https://twitter.com/nmbplatform/status/1566871334612869122
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If you're new to DeFi, liquidity pools can be a complicated concept to grasp🀯

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 πŸ‘‡

https://twitter.com/nmbplatform/status/1567093376683593729
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πŸ‘‹Hey 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 today’s glossary, we’ll cover Over Collateralization.

Collateralized loans, in general, are more advantageous than un-collateralized ones. And setting the collateral at a higher level than the loan’s 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 Nimbus’s 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 πŸ‘‰ HERE!
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How does token staking work with Nimbus?

β–ͺ️ Two tokens ( GNBU & NBU)
β–ͺ️ 6 staking options
β–ͺ️ 4 time frames
β–ͺ️ up to 20% APY
β–ͺ️ Up to 100% APY in LP Staking

🧐Let us know if you ever tried staking!

https://twitter.com/nmbplatform/status/1567153328458534914
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πŸ‘‹ 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.

⭐️And 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 πŸ™ŒπŸ™ŒπŸ™Œ

Stay tuned to catch the next improvements we bring to the Nimbus ecosystem, and let's spread globally together!
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The hottest crypto happenings for Sep, 6 πŸ’₯

πŸ“Œ Binance hires a former Brazilian Economy Minister as an adviser.

πŸ“Œ Ethereum successfully upgrades to Bellatrix Merge, the complete Merge to take place in the coming week.

πŸ“Œ Netflix bans crypto commercials on ad-based streaming service.

πŸ“Œ Singapore’s 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!
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The merge of Ethereum is coming close! It will change how the network is secured, its energy consumption, and tokenomics

Do you think it’ll make the $ETH flip $BTC?🧐

Let us know in the comments πŸ‘‡

Yes/No
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Learn how to get best of DeFi with our YouTube channel!

πŸ“’All episodes of Nimbus Academy
βš™οΈGuides on how to easily interact with the Platform
🎀Panel discussion and Live streams from Nimbus Team

Go check it out and don`t forget to subscribe: https://www.youtube.com/c/NimbusPlatformChannel
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If your granny asked about a smart contract, how would you explain?

In Nimbus, we believe that smart contract сan be explained as a self-controlling piece of code intended to be automatically executed once the conditions are met.

Have a better explanation?

Share below!
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πŸ‘‹ Hey Nimbus Community,

πŸ†• We have an important update for Nimbus Affiliate Program (AP) 3.1 users.

As you all know from the previous announcement, the Staking Period in Affiliate Program 3.1 has come to an end. This update is in regard to the reward accrual for Staking in AP 3.1:

βœ… The old rewards mechanics for completed staking have ceased to function at the backend. This means that rewards for AP 3.1 users with completed staking have stopped accruing;
βœ… This change is not reflected on the frontend/user interface. Meaning on the dashboard, users still see their rewards.
βœ… The β€œWithdraw” button no longer functions.

What happens to my rewards that have already been accumulated?

All accumulated rewards will be airdropped to users' wallets through Multisender in few coming days.

Reminder:
Personal cabinet version 3.1 is available till October 1, 2022

Please, stay tuned, this post will be continued in upcoming time.
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The hottest crypto happenings for Sep, 7 πŸ’₯

πŸ“Œ Sony Music files an NFT-related trademark.

πŸ“Œ A Bitcoiner used his wedding day to share love for Bitcoin by gifting 4,000 Satoshis to every guest.

πŸ“Œ South Korean regulators to prepare guidelines for security tokens in 2022.

πŸ“Œ Switzerland’s SEBA Bank launches Ethereum staking services for institutional clients.

πŸ“Œ One year ago today, El Salvador adopted Bitcoin as legal tender.

Let us know in the comments which one amazed you the most!
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As a follow-up to the previous message regarding Affiliate Program 3.1, we would like to share with you some product update, which is even more rewarding alternative for AP 3.1 users.

Now you can receive even more rewards compared to the old AP mechanic via the TAKE IT NFT functionality!

A TAKE IT NFT holder over time receives:

🌟 Their entire staking body is used for minting the TAKE IT NFT at the original exchange rate (from the beginning of the staking period) in BUSD tokens
🌟 10% Bonus of the entire staking balance in BUSD tokens!
🌟 TAKE IT NFT holders can do even more with their NFTs!

Mint your TAKE IT NFT on Affiliate Program 4.1. πŸ‘‰ Here

Important:
Transfer to TAKE IT NFT button is already available in your personal AP cabinet. It's tested by our team and ready to use.

Nevertheless, we would like to pay your attention to the fact that final changes on the frontend are not ready yet. It means that TAKE IT NFT acquired by a user will not be displayed in his cabinet, but of course, the transaction of acquiring of TAKE IT NFT will be completed successfully and can be easily checked on BscScan.

Please, check the images attached to the post.

So, for those who feel more comfortable when they see their TAKE IT NFT in personal cabinet, it's better to wait until 9 September, when the work on the interface will be finally finished.
If BscScan confirmation is enough for you, you are welcome to try TAKE IT NFT right now!!

Stay tuned πŸ™Œ
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We have winners for our #ContestFriday πŸ’₯

Here are 4 lucky ones to get $30 in $NBU each:

πŸ‘‰ https://twitter.com/nmbplatform/status/1567820999642546178

Thanks to each & everyone for participating! More to come so stay tunedπŸ˜‰
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