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Syncord | Official News Channel

Syncord | Official News Channel

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Syncord is a DAO-governed platform that offers earning strategies for users boosted by multiple layers of risk-management. Receive rewards from IPO participation, Lending & Borrowing, and more in one spot.
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Showing posts older than #1394 Β· Back to latest

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Post #1392 1.04K
Hey Nimbus Community πŸ‘‹

Just a quick reminder of upcoming APR changes on March 22nd:
πŸ‘‰ The APR for LP Staking will be decreased to 15%
πŸ‘‰ The APR for Smart LP NFT will be decreased to 20%

These changes ensure long-term sustainability for our ecosystem. Also, we've made sure the APRs are still high enough to be one of the best on the market πŸ™Œ

Am I still entitled to the current LP APRs?

Yes! These changes refer only to new LP Stakings that will be opened from March 22nd.

All active LP Stakings with the previous 100% APR and the current 35% APR will remain the same. The same applies to the Smart LP NFT.

Stay tuned!
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Post #1391 1.09K
Let's talk about index funds πŸ€“

πŸ‘‰ An index fund is a basket of stocks users can acquire to obtain many stocks without getting them individually. An all-in-one stock.
πŸ‘‰ It’s one of the most efficient ways to diversify your portfolio and manage risk.
πŸ‘‰ DeFi has similar financial derivatives – and they’re better!
Here’s why...

To get an index fund:
πŸ“Œ Open a brokerage account (1 or more days)
πŸ“Œ Choose an index fund
πŸ“Œ Settle for a 10% ROI

To get a DeFi index fund alternative:
πŸ“Œ No account needed
πŸ“Œ Acquire it with one click
πŸ“Œ Receive up to 60% APR

Now, what’s one of the closest things to an index fund in DeFi? πŸ€”

It’s Nimbus NFTs πŸ†

They have a similar function to index funds but take things a step further. Learn about them belowπŸ‘‡
https://app.nimbusplatform.io/#/nft/n-NFT
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Post #1389 1.17K
Hey Nimbus Citizens πŸ‘‹

We've just burned 74,029,429.78 NBU tokens as a part of the NIMB transition period!πŸ”₯

In total, we've burned 335,189,825 NBU tokens and 57,293,118 GNBU tokens.

Track the burning process here:
https://nimbusplatform.io/token.html
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Post #1388 1.01K
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Post #1387 1.18K
China, USA, Germany, and Brazil – what do they all have in common? πŸ€”

They all use 2x or more energy than Bitcoin⚑️

Bitcoin is the largest decentralized network and has been adopted by millions like fiat currencies.

Yet, uses less energy than world superpowers πŸ’―
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Post #1386 1.14K
Hey Nimbus Community πŸ‘‹

We’ve prepared information about Nimbus Metrics for your convenience.

We also plan on providing this data every Monday too.

Stay tuned for more!
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Post #1384 1.18K
Which crypto activities better suit your personality?😎
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Post #1383 982
How's your crypto March going so far?

Explain in an emojiπŸ‘‡
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Post #1380 1.03K
Crypto portfolio is incomplete without $NIMB

Like❀️ if agree
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Post #1379 1.01K
🏠 Crypto real estate market rises by a quarter

πŸ‡ͺπŸ‡ΈSpain has the highest number of properties available to buy via crypto.

πŸ‡ΉπŸ‡­Thailand and PortugalπŸ‡΅πŸ‡Ή rank second and third globally by offering 227 and 130 properties, respectively.

Despite being the first country to accept Bitcoin as a legal tender, El SalvadorπŸ‡ΈπŸ‡» ranks tenth with 39 properties.

Overall, despite typical market volatility the number of people buying and selling homes using digital assets has risen globally by 25% over the past year.

Would you buy a villa somewhere in Spain’s Marbella or Thailand’s Phuket Islands with crypto? πŸ€“
Post #1378 886
Women and crypto got more in common that you think πŸ˜‰

⭐️ They are powerful, but they also need to be protected.
⭐️ Neither one is fully understood by most people; only those who find the right approach will see how amazing they are!
⭐️ Some people call them dangerous, but if you know what you're doing, they're actually pretty easy to understand.
⭐️ Both deserve more respect than they're getting right now.
⭐️ They both change the world!
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Post #1377 1.05K
Hey Nimbus Community πŸ‘‹

We have some changes coming soon...

On March 22nd:

πŸ“Œ The APR for LP Staking will be decreased to 15%
πŸ“Œ The APR for Smart LP NFT will be decreased to 20%

These APR changes will give our ecosystem long-term sustainability and yet, be high enough to provide the best APRs on the marketπŸ†

Good News
You can still acquire the Smart LP NFT and receive its current APR of 45%. The same goes for LP Staking with its current APR of 35% πŸ™Œ

‼️ These changes refer only to new LP Stakings that will be opened from March 22nd. All active LP Stakings with previous 100% APR and current 35% APR will remain the same. The same applies for Smart LP NFT

Stay tuned for more info!
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Post #1376 841
🌸 Happy International Women's Day, ladies!

We are so lucky to be surrounded by incredible women who make this world a better place and inspire us with passion and drive.

We hope you have a great day and enjoy your well-deserved celebration of your amazingness! πŸ’—
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Post #1375 1.01K
It's hard to believe DeFi is only 5 years old, as it feels like it's been around forever.

Compared to the stock and foreign exchange markets (which have been around for 200 years and 50 years, respectively), DeFi is a baby πŸ₯Ή

πŸ‘‡ Do you think DeFi has a long way to go?
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