Hey Nimbus Community 👋
🚀 We're kicking off our daily AMA series!
🎤 We'll be diving into 1-2 questions from time to time that you submit via our Google Form: https://forms.gle/pdzYoggLfupBBmiFA
Don't miss your chance to get insights on Nimbus Swap 2.0 transition process.
Note: Questions related to the Swap 2.0 transition process will be taken first. Other topics will be addressed in subsequent sessions
💡 Today's Q&A first session:
1. What are the liquidty conditions Nimbus Platform has to ensure to open the Swap 2.0?
👉 To ensure Swap 2.0 functions properly and everything is stable, the Nimbus Platform needs to achieve the following:
- A combined 5 million USDT liquidity in both pools
- Not exceeding 7.5% of native tokens circulating at old prices
2. How is the Nimbus Platform going to ensure that prices do not plummet again after the launch of Swap 2.0?
👉 Upon activating the Swap 2.0 functionality, the target price for the NIMB token will ascend to 1 USDT or beyond (and 64.125 USDT for GNIMB), ensuring it never falls below this threshold. All the mechanisms integrated within Swap 2.0, along with its inherent functionalities, will collectively contribute to this: (1) using part of the incoming cashflow for buy-backs of tokens with old prices, (2) velocity smart contracts, (3) CFD tools within the NFT circulation, (4) C-token solution
Post #1725
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