Another #ContestFriday from Nimbus!๐
Which one is the lie?
โ๏ธ Drop your answer
โ๏ธ Tag 2 friends
โ๏ธ Like & RT the tweet
We`ll randomly choose 5 correct ones and reward๐ them with $20 in #NBU
https://twitter.com/nmbplatform/status/1578363676352217088
Good luck! ๐
Which one is the lie?
โ๏ธ Drop your answer
โ๏ธ Tag 2 friends
โ๏ธ Like & RT the tweet
We`ll randomly choose 5 correct ones and reward๐ them with $20 in #NBU
https://twitter.com/nmbplatform/status/1578363676352217088
Good luck! ๐
๐5๐คฉ1
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Don`t forget to visit and subscribe to our YouTube channel, where you can find:
๐นAll episodes of Nimbus Academy
๐นGuides on how to easily interact with the Platform
๐นPanel discussion and Live speeches from #NBU Team
https://www.youtube.com/c/NimbusPlatformChannel
๐นAll episodes of Nimbus Academy
๐นGuides on how to easily interact with the Platform
๐นPanel discussion and Live speeches from #NBU Team
https://www.youtube.com/c/NimbusPlatformChannel
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The hottest crypto happenings for Oct, 7 ๐ฅ
๐ Namibia's central bank enables payments in Bitcoin
๐ Farfetch accepts Bitcoin for online purchases
๐ Visa is teaming up with FTX to offer debit cards in 40 countries
๐ Indiaโs central bank outlines digital rupee CBDC plans
Is there any news you are impressed by?
1 - โค๏ธ
2 - ๐
3 - ๐
4 - ๐ฅ
๐ Namibia's central bank enables payments in Bitcoin
๐ Farfetch accepts Bitcoin for online purchases
๐ Visa is teaming up with FTX to offer debit cards in 40 countries
๐ Indiaโs central bank outlines digital rupee CBDC plans
Is there any news you are impressed by?
1 - โค๏ธ
2 - ๐
3 - ๐
4 - ๐ฅ
โค11๐3๐ฅ1
How are you participating in the crypto market?
Anonymous Poll
5%
๐ As a swing trader
46%
๐คฉ As a long-term hodler
41%
๐ฅ As a DeFi staker
9%
โค๏ธ As a DCA investor
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๐คThere is no better time to start learning about DeFi
โ๏ธHere are some of the top resources which will help you:
๐ DappRadar
๐ DEFIYIELD.App
๐ DefiLlama
๐ Nancen
๐ The Defiant
Like โค๏ธ and share the tweet with your friend
๐ https://twitter.com/nmbplatform/status/1578791387260141569
โ๏ธHere are some of the top resources which will help you:
๐ DappRadar
๐ DEFIYIELD.App
๐ DefiLlama
๐ Nancen
๐ The Defiant
Like โค๏ธ and share the tweet with your friend
๐ https://twitter.com/nmbplatform/status/1578791387260141569
โค11๐1
Describe your weekend in emojis ๐
Weโll go first:
๐ ๐ ๐งฎ
Your turn ๐
Weโll go first:
๐ ๐ ๐งฎ
Your turn ๐
๐5
Last month, the FED released a report on DeFi with 2 potential outcomes for its adoption:
๐ปIt'll be interoperable or integrated with the existing financial system
๐บIt'll become a separate financial system which would be the preferable outcome for crypto
What do you think?๐ค
โค๏ธ Defi will be integrated
๐ฅ Separate financial system
๐ปIt'll be interoperable or integrated with the existing financial system
๐บIt'll become a separate financial system which would be the preferable outcome for crypto
What do you think?๐ค
โค๏ธ Defi will be integrated
๐ฅ Separate financial system
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Hey, Nimbus Community๐
DeFi is such a complex field, and there are so many things you can do with your tokens. And there are many tools specially designed for every user interaction.
Todayโs glossary is on one of these tools: The Swap Machine.
In DeFi, swapping is a way of transferring assets. A token swap is a mechanism that helps users exchange their existing tokens for others. This is possible in decentralized finance due to the smart contract code, which enables token swapping. Itโs an automated process safe from human error.
Nimbus Swap is one of the essential and highly used tools. Through it, users can trade major tokens like BNB or ETH for NBU or GNBU. Once the swap is complete, they can use the newly acquired tokens for the transactions they are planning in the Nimbus ecosystem.
How does it work? Letโs say you hold GNBU/NBU and want to exchange it into BNB/BUSD; all you need to do is go to the swap machine and swap them.
https://link.nimbusplatform.io/4am
Indeed, the swap machine charges a small fee. But those fees make their way to liquidity providers who stake their assets after getting tokens from the swap machine, creating a flywheel for all users.
DeFi is such a complex field, and there are so many things you can do with your tokens. And there are many tools specially designed for every user interaction.
Todayโs glossary is on one of these tools: The Swap Machine.
In DeFi, swapping is a way of transferring assets. A token swap is a mechanism that helps users exchange their existing tokens for others. This is possible in decentralized finance due to the smart contract code, which enables token swapping. Itโs an automated process safe from human error.
Nimbus Swap is one of the essential and highly used tools. Through it, users can trade major tokens like BNB or ETH for NBU or GNBU. Once the swap is complete, they can use the newly acquired tokens for the transactions they are planning in the Nimbus ecosystem.
How does it work? Letโs say you hold GNBU/NBU and want to exchange it into BNB/BUSD; all you need to do is go to the swap machine and swap them.
https://link.nimbusplatform.io/4am
Indeed, the swap machine charges a small fee. But those fees make their way to liquidity providers who stake their assets after getting tokens from the swap machine, creating a flywheel for all users.
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The hottest crypto happenings for Oct, 12 ๐ฅ
๐ Meta partnered with Microsoft.
๐ Middle East gets a physical Bitcoin ETP listed on Nasdaq Dubai.
๐ JPMorgan and Visa team on cross-border blockchain payments.
๐ Rio de Janeiro to allow citizens to pay property taxes in crypto from 2023.
๐ Meta partnered with Microsoft.
๐ Middle East gets a physical Bitcoin ETP listed on Nasdaq Dubai.
๐ JPMorgan and Visa team on cross-border blockchain payments.
๐ Rio de Janeiro to allow citizens to pay property taxes in crypto from 2023.
๐11โคโ๐ฅ1๐1๐พ1
Over time, it is getting difficult for users to access DeFi due to high gas fees๐
But Nimbus is committed to reducing the barrier to entry for users๐
That's why we've chosen BSC, which besides having low gas fees, is fast, credible, and cross-chain compatible๐
But Nimbus is committed to reducing the barrier to entry for users๐
That's why we've chosen BSC, which besides having low gas fees, is fast, credible, and cross-chain compatible๐
๐8๐ฅ2
Are you new to Nimbus Platform? Eager to know about the Smart Staker that everyone is talking about?
No more FOMO, this quick explainer will help you get right on track!
First, hereโs a quick backstory on yield farming and NFTs:
Yield-generation NFTs were not the first thing to come to mind when non-fungible tokens were first launched.
Back then, it was mostly about catchy images and shiny, rare collections.
But things have greatly evolved since then.
At Nimbus, we have always believed that the immutable NFT tech, if explored & and implemented in the right way, can unlock extremely powerful use cases.
Thatโs how Smart Staker NFT was created. DeFiโs first yield-generating NFTs use a hybrid strategy to generate two types of rewards on a single asset.
How does the Smart Staker work?
When users supply the base asset i.e. BUSD/BNB, the smart contract splits the deposited into native tokens. These tokens are directed to two reward strategies, and a Smart Staker is minted 70% of the tokens are directed to Soft Staking, and the other 30% go to LP Staking on the Nimbus Platform.
This means Smart Staker holders receive 2 different rewards on a single base asset for as long as they hold their NFTs.
What are the other benefits?
Optimized yields, gas efficiency, and risk mitigation are all accomplished by simply holding your Smart Staker NFT.
Follow the link below to mint your very own n-NFT and start generating rewards instead of just holding and speculating.๐
https://link.nimbusplatform.io/uv5
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Meet the winners of our #ContestFriday! ๐
https://twitter.com/nmbplatform/status/1580621467611729921
๐ Congratulation to all the winners๐
Thank you all for participating in the contest with so much enthusiasm๐
https://twitter.com/nmbplatform/status/1580621467611729921
Thank you all for participating in the contest with so much enthusiasm๐
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