Hey Nimbus CommunityWe recently announced the layout for the official launches of all future functionalities. Now we’ll be announcing two key milestones: initial code readiness and the deployment of the functionality on the Mainnet.
But that’s not all! We have one more idea on how to keep you in the loop regarding all our developments. We need your feedback!
Would you like to see the demo versions of the future functionalities before they are launched on the Mainnet?Vote “Yes” if you like the idea or “No” if you think it’s unimportant
Depending on the community’s decision, we will do our best to open demo access to new solutions or arrange demo sessions for you — even when the functionality is still a bit raw. This way, you’ll stay in loop with the development process and see how Nimbus evolves!
Hey Nimbus Community!This week was relatively calm for the crypto industry, even though many important events took place. For instance, UFC, the world’s premier mixed martial arts organization, and Crypto.com announced a historic partnership. Potentially, this could bring higher visibility not only to the company but to the entire crypto industry.
In Argentina, meanwhile, a member of the national congress submitted a bill to allow workers to receive a salary in bitcoin. The idea is that it could allow people to strengthen their autonomy and conserve the purchasing power of their salary. Argentines have been dealing with insane amounts of hyperinflation in the Argentine peso -
https://bitcoinmagazine.com/culture/argentina-national-congress-billLast but not least, Wyoming legally recognized America's first DAO. Long story short, mass adoption is coming to truly decentralized digital currencies. By the way, last year, Wyoming issued a state charter for crypto banks and has already licensed two: Kraken and Avanti -
https://decrypt.co/75222/americas-first-dao-approved-in-wyomingLet us know how crypto-friendly is your country!
Hey Nimbus CommunityWe know all our Bug Hunters have been waiting for this moment!
Remember the post that was released explaining the mechanics of the Bug Bounty Program? If not, let's refresh our memories Here
https://nimbusplatform.medium.com/announcing-the-nimbus-bug-bounty-program-23cdcb7059feThere were 18 applications overall for the Nimbus Bug Bounty Program. According to the CVSS scoring system used to evaluate all participants, two of our Bug Hunters have reached the optimal levels required.
Both these Bug Hunters have been able to identify the "Low Threat level" vulnerabilities on the Nimbus Platform.
This is a direct indicator of the strong security and safety levels of smart contracts. With a three-tier audit and constant internal testing on behalf of our devs, we are confident in the Nimbus Platform.
The Two winning Bug Hunters will receive their share of rewards from a total reward fund!
And to all our Hunters who participated, we appreciate your competitiveness! All participants will receive results via email shortly.
Nimbus is currently in a rapid development process — hence, there will be many more phases of the Bug Bounty Program.
So, stay tuned for even more opportunities and we thank you for your efforts in joining the Nimbus team to keep the platform safe and secure!
The P2P Exchange is officially LIVE!Now you can:
✅
Exchange on your own conditions: pick any ERC-20 & BEP-20 token, set any price and any volume
✅
Forget about price slippage due to lack of liquidity✅
Enjoy the highest security standards and full control — your tokens are sent directly to the smart contracts on-chain without any third-party intervention. The Nimbus smart contracts with top audit score act as your escrow.
It is an exciting event, as we have reached not one but 2 milestones:This launch concludes the Nimbus Exchange product line. With a DEX and P2P Exchange any user will be able to exchange tokens with maximum convenience and efficiency!
Check it out here
https://link.nimbusplatform.io/ghd
Last week we asked you if you'd like to test out the demo versions of upcoming functionalities.
87% of you folks voted for it! ☑️
You want it — you got itCheck out the Lending-Borrowing dApp demo here
https://demoapp.nimbusplatform.io/#/dapps/borrowBut remember, this is still a raw version that requires testing and UX/UI improvement! That’s why it’d be great if you share your feedback about the bugs and errors you encounter with us:
product@nimbusplatform.ioIn order to test out the dApp demo, you need 2 things:1️⃣
Switch to the testnet — “Ropsten” for Ethereum and “Smart Chain Testnet” for BSC.
2️⃣
Get some test tokens:Here’s how you can receive them on BSC:
Go to the BSC testnet website — Here
https://testnet.binance.org/faucet-smartInsert your MetaMask wallet address
Now, according to the network rules, you can take out BNB test tokens once a day
Come to the Demo version of Nimbus Swap and change your BNB test tokens to NBU test tokens.
In order to test out the dApp demo on Ethereum network, simply do the same. The Ethereum testnet website is here
https://faucet.dimensions.network/Happy Testing!
✋
Hey Nimbus Community, Have you ever imagined yourself watching a movie about crypto in the cinema? Sounds like Daft Punk, doesn´t it? Well, the future is almost here - a documentary film team is working on the first feature-length documentary about Ethereum. By the way, you could also participate by donating some coins to the Ethereum Foundation. Maybe we should also make one about the DeFi industry? Let us know what you think!
https://www.coindesk.com/vitalik-buterin-is-involved-in-a-new-documentary-about-ethereum In the meantime, Australian authorities are considering the creation of an entirely new type of legal entity under the Corporations Act: a limited liability “DAO”. It might make Australia an attractive place for digital asset businesses to be based, as groups of local DeFi entrepreneurs shift offshore to jurisdictions including Singapore and Germany.
https://www.afr.com/companies/financial-services/digital-lawyers-call-for-a-new-legal-entity-the-dao-limited-20210715-p589wp️♂️ In Asia, on the other hand, Thailand’s Siam Commercial Bank shared its plans to invest in DeFi to prepare for an era of disintermediation. No doubt, soon we will see more news like this! Maybe Goldman Sachs will be next?
https://blockworks.co/thailands-siam-commercial-bank-investing-in-defi-to-prepare-for-an-era-of-disintermediation/
Hey Nimbus CommunityAs you may have already noticed, the GNBU (ERC-20) token has officially been listed on CoinMarketCap, the world's most referenced crypto tracking website!Make sure to add the GNBU token to your Watchlist by clicking the ⭐️ button right next to the ticker!
Check it out here
https://coinmarketcap.com/currencies/nimbus-governance-token/It has also been listed on CoinTracker, a software where over 450,000 users track their crypto portfolio and calculate taxes.
Check it out here https://www.cointracker.io/price?q=Nimbus Now you have plenty of ways to keep track of the GNBU (ERC-20) token while reaping the benefits of exposure!
P.S. The NBU & GNBU (BEP-20) tokens listing are also on the way!
Hey Nimbus CommunityThe Referral Program conditions have been updated — and a new Referral guide is out!The guide will explain you how to start receiving 3 types of rewards:1️⃣
10% reward from all NBUs acquired by your friends on level 1;
2️⃣ Up to
0,15% from all swaps made by your friends;
3️⃣ And
up to 60% APY on the Staking of the NBUs acquired via the Program.
Check it out here https://nimbusplatform.medium.com/referral-program-guide-bd2644fe7e31 Why we updated the Referral Program conditions?After gathering the community’s feedback, we realized we need to make the Program more user-friendly and accessible for users worldwide!
Now, it should be doing an even better job in incentivizing the Platform usage and promoting prosperity for the community. We hope you like the updates and find the guide useful
Now go ahead and invite your friends - you can get started here https://link.nimbusplatform.io/zpv
The GNBU (ERC-20) token is now officially listed on Zerion!✨
Check it out here
https://app.zerion.io/invest/asset/GNBU-0x639ae8f3eed18690bf451229d14953a5a5627b72Zerion is an award-winning crypto investment platform used by over 200K investors from over 150 countries! According to Zerion's website, their users have made transactions worth +$600 million so far, while their application processes $5 million worth of overall transactions every day.
Over the past couple of months, we have achieved several milestones, including launching Nimbus on BSC, deploying the Wrap Machine, releasing the P2P Exchange, and some back-to-back listings. Quite productive, eh!
But this is just the beginning! With the launch of the Lending-Borrowing dApp on the horizon, many more opportunities await you!
GNBU and NBU (BEP-20) listings are on the way, too!
Hey folks, wondering what Nimbus audit results are? Then we have good news for you: Hacken has just published an article about collaboration with Nimbus!Learn more in Hacken’s official publication here
https://hacken.io/hacken-news/nimbus-smart-contract-audit-by-hacken/You can find the audit report on our website -
https://link.nimbusplatform.io/mkfNimbus’s Security mechanism is 3X reinforced:✅ With Hacken as our main security auditor
✅ Constant internal testing and external auditors
✅ Launching security boosting bug bounty program with our community
We are confident in the high security standards of the Nimbus Platform and in ensuring the prosperity of our community!
In the meantime, have you tried the demo version of the Lending-Borrowing dApp yet? If not, follow this post for more details on how to do that here
https://t.me/nmbplatform/386Your feedback really helps us ensure the best user experience for our future functionalities.
So please, do share all your comments hereNimbus Telegram chat admin: @Viktor_Nimbus_Support
Nimbus email:
product@nimbusplatform.ioStay tuned for more updates!
Hey Nimbus community✋
No matter what no matter when crypto will emerge again — that should be the new slogan of Tesla after Elon Musk again said that the company is most likely to resume accepting bitcoin as a form of payment once the mining rate for the cryptocurrency reaches 50% renewables.
https://techcrunch.com/2021/07/21/elon-musk-says-tesla-will-most-likely-accept-bitcoin-again-when-it-becomes-more-eco-friendlyIn the meantime, one of the "fathers" of Ethereum blockchain urged the crypto community to innovate beyond the confines of decentralized finance. To be more precise, he outlined several non-financial applications for Ethereum, including decentralized social media, identity verification and attestation, and retroactive public goods funding.
https://cointelegraph.com/news/ethereum-must-innovate-beyond-just-dapps-for-defi-degens-vitalik-buterin Jamie Burke, the UK-based CEO of Outlier Ventures, on the other hand, said that DeFi will eventually mature and be co-opted back into mainstream finance. “I think of DeFi as a sandbox: I’ve got a concept. I can test, validate that concept. I can understand the economics of it in this permissionless sandbox that is DeFi.”
https://www.wired.co.uk/article/bitcoin-square-defi-ethereum
The boosted Staking Rewards Program ends tomorrow July 27 at 12:00 PM (GMT)!This is your last chance to earn up to 80% APY on Nimbus Staking!
Why you shouldn’t miss out on this?If you put assets in the Hard Staking even at the last minute before the program ends, the increased reward rate will be available to you for the entire minimum staking period. This means that whether you use the 60-day or 180-day Hard Staking, you will receive the increased rewards for the entire minimum staking period of 60 or 180 days, respectively!
Get your Monday Motivation back up with Nimbus!
Stake NOW here https://link.nimbusplatform.io/dho
While we’re waiting for the Lending-Borrowing dApp to go live in the coming days, let us share some flashbacks from the Nimbus Private Dinner held in May 2021 in Dubai https://nimbusplatform.medium.com/nimbus-event-highlights-strategic-team-session-in-dubai-aibc-summit-and-nimbus-private-dinner-b1af282a4ae9The next season of events for all DeFi projects will begin soon — and so will it for your Nimbus. But this time, we’ll have even more to offer to potential users and partners!
Check the video and subscribe to our YouTube channel https://www.youtube.com/watch?v=0Pszu56hX7Q
The Lending & Borrowing dApps are officially LIVE!Why become a Lender? Easy!✅ Be smart: don’t leave your ETH & BNB static in your wallet! Better provide them as liquidity for loans and start receiving rewards in ETH & BNB. This is arguably even cooler than Staking!
✅ Full freedom to withdraw your assets any time
✅ Sleep well knowing that all loans are overcollateralized — your assets cannot be lost
And what about the Borrowers? Borrow assets to boost your earning strategy and enjoy:✅ Fixed APR for any token — which gives you full control without surprises
✅ Customizable collateral level of 120%-1000% for any token — so you yourself can decide how to back up your loan for a hassle-free experience
✅ Say goodbye to loan liquidation risk — use our special widget for tracking your collateral and ensuring full coverage of your loan at any time!
But hey, it’s time to try it yourself! Here https://link.nimbusplatform.io/pyrP.S. As of today, you can use ETH, USDT, BNB, and BUSD, but more tokens will be added soon!
Who said the crypto winter is coming? The crypto summer is back on the roll with Bitcoin recovering $40,000 level. Still, it needs one more boost to break the key resistance level. So what should happen? One of the options could be an approval of exchange-traded funds based on bitcoin in the United States. By the way, Coinbase is quite optimistic that it will happen as early as this year or 2022 -
https://decrypt.co/76895/coinbase-bitcoin-etf-secIn this context, it shouldn’t be a surprise that the most perspective sector of the industry, decentralized finance, continues to gain traction. According to the latest statistics, the number of users or unique addresses using DeFi protocols through Ethereum has exceeded 3 million. It is worth mentioning that DEX statistics show that global swaps grew to $15bn -
https://www.trademoneta.com/unique-addresses-connected-to-ethereum-defi-applications-exceed-3-million-2/Finally, soft drink maker Coca-Cola plans to release the NFT collection to celebrate International Friendship Day on July 30th -
https://www.ledgerinsights.com/coca-cola-to-launch-nfts-in-decentraland/ Last but not least, did you know that this Friday Ethereum celebrated its birthday?
Do you think it is a good idea to acquire Non-fungible tokens? Let us know in the comments!
The Guide on P2P Exchange has been published!Check it out here
https://nimbusplatform.medium.com/p2p-dapp-guide-b4db744477dcIn this guide, you will find detailed step-by-step instructions and illustrations on:✅ Creating deals for exchanging any ERC-20 & BEP-20 tokens based on your own terms,
✅ Interacting with the trader who replied to your offer,
✅ Finalizing orders and securely receiving the new assets via the escrow...and more!
Now you have all the information you need to exchange any ERC-20 & BEP-20 tokens in a fully decentralized manner!
If you experience any other roadblocks while interacting with the dApp, write to us here!
https://nimbushelp.zendesk.com/hc/en-us[moderator's note: consecutive posts merged]