We are excited to announce that the Nimbus Academy will be launching soon!🎊

Here's why you should be excited:
✅ Learn all about DeFi and Crypto with the top brains at Nimbus
✅ Discover the best step-by-step strategies of earning with Nimbus
✅ Explore the unique product synergies within the Nimbus Platform to further boost your performance — unlike anywhere in DeFi!
✅ We plan to launch different types of content depending on your preferences: video tutorials, interviews, visual guides, glossaries and so on. This way, you will surely find the format that suits you best!

...And here's the fun part — with some of this educational content, you will not only grow your expertise but also be able to gain rewards!😉

So grab your notes🗒 — with Nimbus Academy, you'll be able to sail your way around DeFi like a pro!😎

#NimbusAcademy

🗓 Monday is a great day to educate yourself!

We are thrilled to announce that the first-ever episode of the Nimbus Academy is out now!🎊🎉

Since the journey of Nimbus Academy begins with this video, it's logical to talk about the most fundamental blocks of DeFi — Smart Contract!

Check it out 👉Here!

Here's what you will learn in this episode:
✅ What are smart contracts, and what makes them so essential to DeFi
✅ How do smart contracts function?
✅ Role of smart contract audits and why they matter?
✅ How we approach smart contract audit at Nimbus?
...and so much more!

To save the best for the last:
There is a 3,000 NBU reward 🎁 opportunity waiting for you in this video — watch the video and participate!

🤓Here's a tip for you:
Make sure to watch the entire video before you get to the competition because what you learn may play an important role in your chances of winning the reward!

Happy Learning!

#NimbusAcademy #NimbusTips

In the first episode of the Nimbus Academy published on Monday, we discussed what smart contracts are, what’s their role in DeFi, how their audit process looks like, and so on😎

For those of you who missed it, grab a coffee and watch the video now 👉Here!

And for today, here’s a quick recap of the episode’s key term: Smart Contracts💡

#NimbusAcademy #NimbusGlossary

The Nimbus Glossary is back!😎

Today we will explain another key term in DeFi — ✨ APY! ✨

This will help you understand your reward output better — check the image above 👆

Also, here are some interesting facts for you:
✔️ APY is a common term used in both the traditional financial markets and DeFi
✔️ On average, APY in DeFi is significantly higher than in traditional finance
✔️ Staking is one of the most fundamental DeFi mechanisms wherein APY is a key term
✔️ Nimbus Staking was rated by NewsBTC to be the top 3 staking opportunities in DeFi so now that you’re 100% sure how your rewards get calculated — go ahead and try it yourself!🚀

#NimbusAcademy #NimbusGlossary

🤚Hey Nimbus Community,

Today, the Nimbus Glossary will address another key DeFi concept – Liquidity pools!

Check the image above to discover the meaning 👆

This is a warm-up before the 2nd episode of the Nimbus Academy where we will cover the topic in much more detail — so get ready, it’s coming soon!

#NimbusAcademy #NimbusGlossary

Now that the minimum staking deposit for GNBU Hard Staking has been lowered to $250, you can easily maximize the rewards on your GNBU tokens😎

Plus, we have prepared an infographic on Hard Staking so that you are able to view a step-by-step visual guide on how to interact with the Hard Staking functionality to start receiving your rewards!

Check the image above👆

Here’s a simple tip for all our DeFi newbies on how to save up on gas fees if this is your first time staking on the Nimbus Platform:

💡We recommend using the Nimbus platform on Binance Smart Chain as the gas fees are much lower there

#NimbusAcademy #NimbusInsights

​​👋The Nimbus Glossary series is back!

The Nimbus DAO members have the power to participate and drive the future direction of the platform in terms of technical, economic, and governance-related matters.

Because it's such a powerful tool to implement true decentralization, the Nimbus Glossary today brings to you the term — ✨DAO✨

Here are some interesting facts about DAOs:
✅ DAOs may have different purposes for their existence. Depending on that purpose, their members may also have different decision-making power related to diverse aspects of the organization. The key goal here is to establish a balanced system that would address the original goal of creating such a DAO and be sustainable in the long-run.
✅ Initially, Bitcoin was considered the 1st project that was close to being a DAO until Ethereum and its smart contract technology were launched.
✅ Governance tokens stand at the heart of implementing the powers that a DAO enables to a community. GNBU is an example of such token.

And yes, we know DAO is a complex topic - let us know if you’d like to learn more: share your feedback in our chats 😉
#NimbusAcademy #NimbusGlossary

👋 Hey Nimbus Community,

You may have heard a lot about Bug Bounty programs and white hackers receiving delicious rewards for identifying vulnerabilities for different protocols!

Have you ever wondered what exactly a Bug Bounty is? Or what do Bug Bounty hunters do in order to receive such massive rewards?

The Nimbus Glossary is back to explain to you the term — ✨Bug Bounty✨

Check the image above 👆to discover its meaning.

Don't forget! Your Nimbus Platform has an ongoing Bug Bounty Program on Hacken!

All our Bug Bounty hunters have the chance to be rewarded with up to $10,000 for every critical vulnerability detected!
Participate now to unlock your Bug Bounty 👉 Here!

#NimbusAcademy #NimbusGlossary

👋 Hey Nimbus Community,

As the Nimbus Platform continues to evolve rapidly, the development process becomes increasingly complex. And the rising complexity leads to longer development and auditing periods.

In order to keep up with the sophistication and optimize the journey toward product delivery, your Nimbus Team has broken down the process into sprints (biweekly).
Once these sprints are concluded, we upload the product development data on a special website called the Nimbus Test Environment or product staging. There you can track all the development progress essentially in real-time.

In order to access the product staging, you need to perform some actions. And to make that easier for you, we've prepared a step-by-step process to help you navigate around with ease.

Follow the image above👆 for the instructions — or read below!

1️⃣ Configure your MetaMask wallet to Testnet:
✔️Access MetaMask
✔️Go to 'Settings'
✔️Go to 'Networks'
✔️Click on the 'Add Network' tab
✔️There, enter the following details:
🔹Network Name: Smart Chain – Testnet
🔹New RPC URL: https://data-seed-prebsc-1-s1.binance.org:8545
🔹Chain ID: 97 – Symbol: BNB
🔹Block Explorer URL: TESTNET Binance (BNB) Blockchain Explorer
2️⃣ Then, get some test BNB tokens 👉 Here
Note that according to the network rules, you can take out BNB test tokens once a day!
3️⃣ Hop onto the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens👉 Here

With these tokens, you’ll be able to test most of the functionality available at staging.

Give it a try yourself and share your feedback 👉here. This way, you’ll help us improve the functionality before it gets officially launched!

#NimbusAcademy #NimbusInsights

Hey Nimbus Community, 

NFTs are on the rise, not just because they provide ownership and authenticity but also because NFT’s represent an entirely new category of use cases in DeFi

The statistics show that NFTs are here to stay, so the Nimbus glossary deems it important that our community stays in the loop! 🔊

Today, we’re learning about the NFT token standard ERC-721

Check the image above to discover its meaning👆

Time for some juicy facts about the ERC- 721 token standard:

ERC-721 was first created to combat the ERC-20 interface incapabilities via an Ethereum Improvement Proposal (EIP). Cryptokitties was the first protocol to utilize ERC-721 to create NFTs in the form of kitties and that the most special fact of all:

The Nimbus NFT token is nearing its launch date. This token will combine dApps and deliver easy access to the most complex user scenarios in DeFi. We’re currently undergoing audits and reviewing smart contracts, once ready, we’ll share the new updates with you!

We know you are eager to know more about the mysterious Nimbus NFT token! We’ll gradually shed light and tell you more about the concept. Stay tuned!
#NimbusAcademy #NimbusGlossary

👋Hey Nimbus Community,

Frens, WAGMI, gm… so many terms giving you FOMO?

Don’t worry, Nimbus Glossary is here to help you discover the meaning behind each of those 🙌

There’s one particular term that is being popularized lately: ✨Diamond Hands ✨

Check the image above 👆to discover its meaning

Here are some interesting facts about it:
✅ In the stock market, the term describes someone who is holding stocks religiously
✅ “Diamond hands” are undeterred by large swings in the price 
✅ The term is commonly expressed by the following emoji: 💎🙌
✅ It can also be used negatively to refer to stubborn holders who don’t let go of an asset despite its stably falling value

#NimbusAcademy #NimbusGlossary

👋Hello Nimbus Community, 

We see how you enjoyed yesterday’s article about the first yield-generating NFT! So here are some more insights for you:

Since it’s an unprecedented solution, we wouldn’t be surprised if you’re still wondering how it works…
🔹How is each n-NFT issued?
🔹How do your assets get distributed across dApps?
🔹How is it possible to receive 3 types of rewards while holding the n-NFT?
…And so on.

💡Great news: we’ve prepared a schematic infographic that addresses those questions! 

👆See the image above to discover the magic at play behind the Smart LP n-NFT!

#NimbusAcademy #NimbusInsights

You must have heard your favorite crypto bloggers mention the phrase 'DYOR'.

And there are good reasons why they mention it so often!

Follow the image above 👆to discover its meaning.

Why is it so important to DYOR?

✔️ DYOR is important to ensure that you get an unbiased perspective on an asset, protocol, or strategy you are interested in
✔️ It also protects you from Sybil attacks that are very common on social media Reddit, Twitter, etc. 
✔️ With more research and understanding of assets or protocols, you can be more confident about your interests and future goals and keep your assets safe from fraudulent projects
✔️ DYOR as a phrase has permeated into popular culture and is widely used to encourage amateur users in any arena to navigate a minefield of misinformation

P.S. - We're curious which crypto blogger do you watch on YouTube? Or, if you are a reader, which crypto blog do you follow the most?

Do let us know in the community chat channels on Telegram or Discord!

#NimbusAcademy #NimbusGlossary