👋Hey Nimbus Community,

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, here’s 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.
That’s how Smart Staker NFT was created. DeFi’s 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.👇
https://link.nimbusplatform.io/uv5

Meet the winners of our #ContestFriday! 🏆

https://twitter.com/nmbplatform/status/1580621467611729921

🙏 Congratulation to all the winners🙏

Thank you all for participating in the contest with so much enthusiasm👍

Hey, Nimbus Community 👋

A new accessibility tool The Hard Staking Calculator for Affiliate Program 4.1 is now LIVE!

You’re already familiar with the two options – Staking 60% APY and Staking 40% APY. Only now, when you push the two staking buttons, you get an estimated calculation of your rewards.

The pop-up window that will appear will show you the following information:
✅ Staking body
✅ Current NIMB price
✅ The estimated total for staking
✅ Staking rewards for 360 days

The calculator makes it easier to plan your staking strategy by estimating your staking rewards in advance!
Don't forget to share your feedback on the new tool!

It's not a bear🐻 or a bull🐮, it's a build market ☝️

Like❤️ if you agree

The hottest crypto happenings for Oct, 14 💥

📌 Mastercard is looking to make cryptocurrencies everyday way to pay.

📌 Ukrainian art museum to preserve art and cultural heritage through NFT auction.

📌 Binance launches a $500M fund to invest in Web3 startups.

📌 According to a new Q3 2022 report, Web3 devs are ‘more active than ever’.

Nimbus’ Smart LP NFT is a pioneer in its true sense, the first NFT yield-generating NFT in DeFi.

How was it created?

Two main elements were essential in creating the Smart LP NFT:
⚗️ First, the amazing technology behind non-fungible tokens and blockchain in general. Despite its massive potential, this innovative tech’s usage was limited to jpegs and collectibles. We leverage the same tech to forge a new functionality that creates real value, even generating diversified rewards for its holders!

🏗The other essential element was the team’s extensive background in finances. TradFi is a great source of inspiration for developing products in DeFi because many of those principles can be applied and adapted if necessary.

What did the team rely on when developing it?

So we took a concept we created in TradFi 20 years ago and brought it to DeFi. The 🧺 basket concept allowed us to batch orders to get lower fees and faster executions.

What makes it so unique?
✅Combined with the NFT tech, it allows participants supplying the assets to execute across multiple yield-bearing instruments.
✅Smart LP NFT eases transaction execution, reducing it to one click, and providing users with meager fees for accessing three yield-bearing instruments.
✅On top of that, you can sell your NFT and redeem your assets.

Smart LP NFT is available here👇
https://link.nimbusplatform.io/r86