Topic: [DEFI][ANN] Nimbus - Established FinTech Company. DAO-governed ecosystem. (Read 5967 times)

👋 Hey Nimbus Community,

Today, not to let you get bored 😉, we prepared a piece of material that may help you get a few insights on the Smart Staker n-NFT if you haven't already. You can find the infographics attached to the post! ✨ That's a very handy reminder covering the main aspects of the token, so, save it and keep it close to you!

Also, we kindly remind you that the Smart Staker n-NFT contest is coming to an end - just around 24 hours are left. So, consider it the last chance to get some tempting rewards! 💪

🆕 We have updated the Nimbus Mobile App.

The update focuses on aligning the mobile app with the recent core changes on the Nimbus platform and a few UX improvements for a more intuitive and seamless experience!

What's new?
✅ Staking model with updated APY rates;
✅ Improved/updated Staking smart contracts
✅ GNBU Staking rewards calculation bug fixed
✅ General bugs fixed

The update is available on Google Play (Android).

The Nimbus Affiliate Program v4.0 is now LIVE!

The new version brings:

🌟Rewards in Smart Staker NFT, LP NFT, & more!
🌟Rewards fetching more rewards
🌟P2P exchange of your NFTs

It's time to join!👇
https://land.nimbusplatform.io

👋Hello Nimbus Community, 

One day is left till the Affiliate Program V4.0 upgrade!

We've prepared a brief where two characters - Max and Jack - will help you determine:

✅The difference in rewards pool and reward type in AP 3.1 vs. AP 4.0 

✅What changes should users expect while migrating from AP 3.1 to AP 4.0 for existing users?

✅How do the new changes align with the long-term stabilization and growth plans of the Nimbus Platform?

Read the full brief here! 👉 https://nimbusplatform.medium.com/affiliate-program-3-1-vs-4-0-what-are-the-expected-changes-95a20a22c056

👋 Hey Nimbus Community,

📢 Staking APY Update:

As the Nimbus Platform matures, the current Staking rates on the Nimbus Platform will decrease starting from July 1.

Why?

This measure is taken in order to align the future roadmap and token price stabilization linearly.

The new APYs will be as follows:
✅ NBU Hard Staking (60 days) - 15% APY
✅ NBU Hard Staking (180 days) - 20% APY
✅ NBU Soft Staking  - 5% APY
✅ GNBU Soft Staking - 5% APY
✅ GNBU Hard Staking (90 days) - 7% APY
✅ GNBU Hard Staking (180 days) - 9% APY

⭐️ Note:
Users who stake before July 1 will continue to receive rewards according to the original APYs.

Stay tuned as you will be able to get more rewards with the launch of the updated Affiliate Program version (v4.0) and n-NFT Smart Staker 😉

🚀 Livestream alert! 

Here comes another livestream with Nimbus senior management: Alex Lemberg, Waseem Mamlouk and Patricio Pozzi.

⏰ The stream is scheduled for Monday, June 27, at 3PM CET.

The stream participants will cover such topics as general market overview, plans regarding markets expansion, the updated Affiliate Program version launch, Smart Staker n-NFT and many more!

Stay in touch for further updates 😉

👋Hello Nimbus Community,

Anyone familiar with social media knows about profile pictures and how important that first impression can be. With NFTs being used increasingly as profile pictures, it’s a good time to look deeper into this popular term: ✨PFP✨

What is PFP?

PFP is an acronym used in social media, meaning ‘Profile Picture’ or ‘Picture for Proof.’ It represents the image a person uses for their social media accounts, making it easier to link their online activity to a particular profile.

With NFTs becoming a phenomenon, it’s not surprising using them as profile pictures has become a hot trend. Hence the new term PFP NFT – profile picture non-fungible tokens (sometimes abbreviated PFPs).

The inspiration

Using NFTs as profile pictures or digital avatars started from CryptoPunks and their unique characters linked to crypto tokens to prove ownership. After that, people started using various NFTs as PFPs for their social media accounts. 

When Twitter offered the possibility to verify if the NFT used as a profile picture is actually owned by the user, the relation between NFTs and social media became even tighter. Celebrities and influencers started displaying their NFT collections on their accounts, and even regular users began to show off their newly acquired NFTs to get new followers.

Top success

The Bored Ape Yacht Club collection is still the most popular example of PFP NFTs. The fun apes took on immediately, and sometimes you even got particular perks along with owning the NFT. Celebrities like Eminem, Timbaland, or Neymar Jr using their Bored Ape NFTs as Twitter profile pictures pushed the trend even further.

Using NFTs as literal profile pictures on Twitter and other social media platforms is undoubtedly an easy and popular way to display your NFTs and boast about ownership. After all, if you spent the money on that ape, for example, you want to show it off. 

👋Hey Nimbus community,

As you know, the Nimbus Affiliate Program is an essential part of our roadmap. We are grateful to you for helping us grow our community. The upcoming AP 4.0 will bring some changes to our referral structure, so we feel it’s important to review them and highlight the main points.

Read all about it right here! 👉https://nimbusplatform.medium.com/affiliate-program-v3-1-to-v4-0-what-has-changed-fbb34811ffe0

Less than three weeks remain until the Affiliate Program fully transitions to the new version i.e. AP 4.0. Now’s the time to make the most of AP 3.1 😉

👋 Hey Nimbus Community,

Just a small remind for you all 😉

Whenever you have certain issues or questions relating to the Platform's functionality, you can address them to the tech support team 👉
https://nimbusplatform.atlassian.net/servicedesk/customer/portals

👋 Hello Nimbus Community, 

The development roadmap and strategic planning of the Nimbus Platform have evolved significantly over time. One of our key goals in 2022 is to accelerate the project growth by actively bootstrapping a community that truly believes in the project’s vision and prospers while doing so. 

Hence, the roadmap and each reward are designed to incentivize long-term protocol holders to create a flywheel where utility and incentives drive long-term participation, which further drives utility and attracts even more incentives. 

Nimbus token stability is one of the many parts of this new chapter aimed at accelerating protocol growth. In the spirit of that sentiment, we’re happy to announce that Nimbus Affiliate program V3.1 is to be updated to version 4.0 very soon, i.e. within one month. Here are 4 steps underlying the Nimbus Affiliate program that will help in promoting the stability of NBU and GNBU tokens:

✅ The Hard Staking period for the Nimbus Affiliate Program will be modified to 90 and 365 days

✅ Three rewards to Affiliate Program stakers will now accrue in NFT tokens, which will remain vested in the platform's liquidity pools for 90 or 365 days depending on the chosen staking pool

✔️One time Airdrop bonus will be distributed as Smart Staker NFT
✔️10% Staking amount given to users who join using referral links will be distributed in NFT tokens
✔️12% cashback will be distributed as Smart LP n-NFT

What does that mean for the community?

Users who truly believe in the Nimbus Platform vision can reap more rewards for their loyalty by participating in the Nimbus Affiliate Program 4.0. This long-term incentives relationship between the protocol and the users promotes Nimbus token stability. 

We're constantly working to push forward, and the Affiliate Program 4.0 is one of the steps to help improve the project's performance and ensure benefits for the Community. More details on the AP 4.0 will be published soon, so, stay tuned 😉

👋Hey Nimbus Community,

Everyone wants to get their hands on the next Cryptopunks or Azuki's before it's too late to Ape. But how do you define a value of an NFT? How do you know that an NFT is even valuable?

Although evaluating an NFT is complex as it depends on many factors, including utility and other factors. This is where the metric ✨The Floor Price✨ comes into play. 

🧮 Who sets the floor price? The creator is usually the one who sets the floor price. It can also be set by someone who owns an NFT in a particular project and decides to list it for sale on a secondary market at a lower price than the other sellers in that project.

⚠️It’s important to note that the floor price is volatile, which means that you should be prepared for unexpected rises and drops. In time, as a collection becomes famous, the floor price rises as well. As the lowest asking price you can pay for an item in a collection (unlike the average price), provided it’s not in auction at that time, the floor price is updated in real-time. 

💡Tracking floor prices is important and challenging, especially if you want to flip NFTs. NFT floor price tracking tools can help with that.

Here are some NFT evaluation tools that should help you keep on top of your game:
☑️For checking the floor price of your NFTs (Opensea) all at once: https://floorchecker.com
☑️For finding the latest NFTs that are being aped on the most: https://www.apefinder.app
☑️For researching/tracking the rarity of an NFT: https://chrome.google.com/webstore/detail/rarity-tool-researcher/gagfonbgflhdcnlefcmlpcblpkflkaf

👋Hey Nimbus Community,

Let's dive into a problem that only a small percentage of the cryptoverse is aware of✨MEV✨ the invisible taxing problem that Ethereum and several other smart contract blockchains have to deal with.

MEV is used both by miners in PoW-based blockchains and validators in PoS networks.

It's right alongside scaling and hacks, with over $633 million already extracted since January 1st, 2021. That affects the user's experience, but it also puts pressure on the network's stability.

How does it work?

Since the protocol doesn't require transactions to be ordered based on fees, miners can reorder them because they are in charge of sequencing and can decide which to include in a block and in what order. 

It all starts with the use of bots and automated tools to close-monitor the blockchain. When an opportunity arises, they use different types of attacks:

▶️ Front-Running – getting a transaction executed ahead of another one because it has higher gas fees
▶️ Sandwich Attacks – they manipulate the price of a token the victim wants to buy by placing one transaction before and one after the victim's pending transaction, thus raising the price
▶️ Back-Running – they target pair listings and place a transaction right after the initial liquidity, buying as much as they can. The price goes up, and then the bot sells 
▶️ Liquidations – they aim to be the first to liquidate a particular loan with front-run or back-run transactions
▶️ Time-Bandit Attacks – only miners can do this by retroactively reorganizing blocks 

Multiple negative effects

By pursuing this illegal stream of revenue, miners create significant adverse effects:

📛The user experience is diminished
📛The stability of the network is affected
📛The creation of network congestion
📛Gas prices rise
📛Transaction finality becomes questionable

So far, an efficient solution hasn't been found. In fact, some voices actually state that MEV is inevitable. Until a breakthrough is made, the invisible tax remains a problem for DeFi users that interact with automated market makers and other dApps. 

👋Hey Nimbus Community,

We’re living in a new era of the gaming world, and it’s all because of a groundbreaking concept ✨GameFi✨

Gamers everywhere can now turn their passion into a highly lucrative activity and actually play games for a living. How is that possible?

GameFi is one of the huge leaps forward brought by the emerging Web3. It’s all right there in the name – a mixture of gaming and decentralized finance. This one is particularly inspired by the many new cryptocurrency use cases, as it touches a sector driven by intense passion.

The concept is simple – You can make money while playing in a new token-based economy that includes multiple yield-generating DeFi products. Also known as play-to-earn blockchain games, GameFi has been on a steeply ascending path since the rise of Axie Infinity.

First announced by Andre Cronje in September 2020, GameFi has integrated blockchain applications in the gaming world, adding the monetary dimension to the experience.

The virtual gaming crowd adopted it with excitement; gaming on blockchain became a skyrocketing trend and attracted big names to developing the metaverse. Games like Decentraland and The Sandbox turned to tokenized land ownership.

Though each project went for its own model and created a personalized game economy, they follow similar guidelines: low-cost participation, easy-to-play games, and the possibility of being in charge of your in-game assets and making a real-world profit from them.

So what’s GameFi in a few words?

✔️ Access to blockchain games across many networks
✔️ Central storage place for in-game assets and NFTs in a player’s portfolio
✔️ Easy P2E yield monitoring
✔️ Fast exposure for games
✔️ Early access to game tokens through TGEs
✔️ A practical market with high-income potential

Despite the current regulatory concerns, GameFi is still growing, and the numbers for 2022 look promising. Open free trade + the old-fashioned thrill of winning prizes seem to be the right formula as new emerging markets develop worldwide.

So what can we expect from GameFi in the near future? Definitely new signs of expansion and evolution. The potential is real, and there’s a massive market eager to experience it.

Let us know what are your thoughts on (GameFi) down below👇

👋 Hey Nimbus Community, 

If you've tuned into our socials lately, you must have heard of a new UX integration that makes user experience on the Nimbus Platform more seamless from the very first click!

We're happy to announce that the new feature called the "User Onboarding" is now LIVE!

Nimbus CEO Alex Lemberg also talked about the integration, its significance and other key updates in our latest livestream. In case you missed the stream, you can still check it out here! 👉https://www.youtube.com/watch?v=zwbAa3qIqYY

What is the feature about, and how does it help users?

The feature actually works just like an interactive guide that helps you navigate the Nimbus platform and helps you understand the user flow of each functionality.

It's an excellent addition for those who are new to Nimbus or even to crypto in general, as it will give you multiple helpful hints.

To leverage the new feature, follow the steps on the picture attached. 😉

🌟 Once you do that, you'll be sent to the Swap Machine section, where you will find all the explanations you need. Next, just follow the steps on the screen and enjoy the process!

👋 Hey Nimbus Community,

As promised, we are happy to announce the 100.000 NBU prize pool winners! 👏

So, here are the winners' YouTube accounts:
1. https://www.youtube.com/channel/UCH8bqo1Aa_EhC4Sq44ZXUpg
2. https://www.youtube.com/channel/UCaodlcSJZd_lwBlq3qia96A
3. https://www.youtube.com/channel/UC967tU9d7nYJqfYaXtA7khg
4. https://www.youtube.com/channel/UC0Bf46fOJ1XLD-pDdL6nS1Q

Each winner will receive the equal share from the pool, i.e. 25.000 NBU.

We will contact the winners in YouTube comments under the latest live stream video.

P.S. The comments were selected by the moderators so as to avoid unfairness that was noticed in some accounts' activity.

👋 Hey Nimbus Community,

The video of yesterday's livestream with the Senior Management with subtitles in English is on the YouTube channel already! Check it out here 👉https://youtu.be/zwbAa3qIqYY

Russian and Spanish subtitles will be added a bit later. Meanwhile, you can use automatic translation.

Also, we remind you of the contest that Alex Lemberg announced yesterday. Here is what you need to get a chance to win from the 100.000 NBU prize pool:

1️⃣ Watch the livestream's video
2️⃣ Give it a big thumbs up
3️⃣ Leave a meaningful comment down below the video*

*We will pick four most interesting comments (and/or those that gain the most likes) by May 13th and send the rewards to the four winners via the airdrop.

👋 Hey Nimbus Community, 

Gentle reminder - the livestream with Nimbus senior management begins in 24 hours!

Date: May 9 at 4PM CET

Don’t miss out on the valuable insights shared during the stream!

▶️ Link will be shared right before the event, so stay tuned.

👋 Hey Nimbus Community,

The new age of the internet is upon us - the Web 3.0!

But it also brings with it a new learning curve of terms, concepts, tech stacks, and slang!

If you’re feeling the FOMO, let’s get you up to speed with all things Web 3…Basics first!

So, the word of the day is - Web 3.0.

The "Web 3.0" term was coined by Tim Berners-Lee, who originally named it the “Semantic Web.”

The 🏗 pillars of Web 3.0 include - permissionlessness, trustlessness, decentralization (open), portability, and composability.

The evolution of the Web:
✅ Web 1.0 - Myspace and Livejournal
✅ Web 2.0 - Uber, Airbnb, Facebook
✅ Web 3.0 - Bitcoin, Ethereum

What sets Web 3.0 apart from Web 2.0?
While the ERA or Web 2.0 was driven by the advent of 📱 mobile and socialization and ☁️cloud, Web 3.0 is primarily being built across new layers of technological innovation, including - 🤖artificial intelligence, ⛓ decentralized data networks, and 🖥 edge computing.

In Web 2.0, personal computer hardware was commoditized in data centers. In Web 3.0, the data centers are spread right until the edges and often right into the✋hands of the distributed users.

What makes up Web 3.0?
🌟 Decentralized Finance (DeFi)
🌟 Decentralized Autonomous Organizations (DAOs)
🌟 Play-to-Earn (P2E/GamFi)
🌟 Non-Fungible Tokens (NFT)
…and so much more!

🚀 Livestream alert!

We are happy to announce an upcoming livestream with Nimbus senior management: Alex Lemberg, Waseem Mamlouk and Patricio Pozzi.

⏰ The stream is scheduled on Monday, May 9, at 4PM CET.

The stream participants will talk about the current roadmap updates, relaunched Lend and Borrow dApps’ functionality, Smart Staker n-NFT and the measures aimed at stabilizing the Nimbus tokens’ market value.

👋 Hey Nimbus Community,

You may be wondering - Where are the Lend/Borrow dApps?🤔

The wait is over…🙌

The Lend and Borrow dApps were relaunched today, on May 2, 2022.

What’s new within the Lend/Borrow dApps?

General update:
✅ The APR bug has been fixed

For lenders:
✅ Lenders can now withdraw their previous NBU, GNBU, BNB and BUSD deposits
✅ Lenders can make fresh deposits to get rewards in BNB and BUSD tokens only

For borrowers:
✅ Borrowers can redeem previous NBU, GNBU, BNB and BUSD loans
✅ Borrowers can take out new loans in BNB and BUSD only

❗Note:
As you can see, NBU and GNBU deposits have been disabled from the dApps. As a part of the NBU and GNBU tokens' value stabilization/uptrend strategy, we wanted to prevent the additional unpredictive pressure that NBU and GNBU loans create on the existing system.

Although this appears to be relative only to the Borrow dApp in hindsight, it affects the Lend dApp as well, as both systems are interdepend on each other since they operate on the same liquidity pool.

More details will be released soon, so, stay tuned! 😉