Syncord | Official News Channel

Hey Nimbus Community 👋

One of the most burning questions of the last week is here! Let's take a look at the answer 👀

🔍 Q: How will you achieve the new price level for NIMB & GNIMB tokens without further losses?

📣 A: Here are the key drivers that ensure that:

✔️ Accumulating liquidity on Swap 2.0, including relocating from 1.0.
✔️ Removing old-priced tokens from circulation through compression and buy-back, burning up to 7.5% of the supply.
✔️ Implementing security tools to ward off common attacks.
✔️ Velocity smart contracts for price stability
✔️ Contract-for-Difference (CFD) NFTs for boosting native token prices.
✔️ C-tokens to ease pressure on native token prices for staked or deposited tokens.

This plan paves the way for a strong uptrend in native token values after Swap 2.0 unfreezing.

You, as a NIMB or GNIMB holder, retain price potential and monetization freedom and can:

1️⃣ Sell tokens at market prices.
2️⃣ List tokens on a buy-back waiting list with prices from 0.0003 to 0.5 USDT.
3️⃣ Restake tokens at a reference price of 0.0003 USDT.

These options prevent losses and provide opportunities for achieving financial results with token prices up to 0.5 USDT per NIMB. Also, there's a sales option at 1 USDT for liquidity provision, staking, and standard purchases.

With Swap 2.0, your token portfolios are secure, and you have the freedom to choose. Nimbus Platform continues to offer technical solutions to help you reach your financial goals 🌟

Hey Nimbus Community 👋

We're now back with our AMA series discovering the main pecularities of the Swap 2.0 functionality. Here is what we have today!👇

🔍 Q: How will Swap 2.0 affect Nimbus Plus?

🗣 A: All actions initiated within Pool 2.0 will continue seamlessly with Nimbus Plus as the new NIMB value is set at 1 USDT and GNIMB at 64.125 USDT. Furthermore, we are taking proactive measures to shield the prices of NIMB and GNIMBs from volatility risks.

For now, here is the action plan for you a Nimbus Plus member:
1️⃣ If you are new to Nimbus Plus, enroll in the Program and stake your assets for 1 year at a 30% APR
2️⃣ If you possess unstaked NIMB tokens, you have two selling options: (1) at the stop loss price of 0.0003 USDT and (2) at the current market price
3️⃣ If your assets are in Staking, they are secure at 0.0003 USDT. Starting from October 8, 2023, rewards are accrued in USDT while the principal remains in NIMB tokens

There are more answers coming, so stay tuned 🙌

Hey Nimbus Community 👋

Time for another post within our AMA series!

🔍 Q: Will GNIMB holders start getting rewards with Swap 2.0?

📣 A: Absolutely! Swap 2.0, along with other services that will be released before the Swap 2.0 launch, will be bringing rewards to GNIMB holders in the near future. More details on this will be shared in the coming weeks.

🚀 Your support means the world to us, so stay tuned for more exciting updates!

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

Crypto Daily News: Zimbabwe Adopts New Gold-Backed Payment Method

🚀 Zimbabwe enters a new era in financial innovation with the official launch of Zimbabwe Gold (ZiG). This gold-backed digital token, initiated in April 2023 by the Reserve Bank, serves a dual purpose.

First, it aims to encourage local investors to shift their focus to national assets amidst currency challenges.
Second, it enhances the availability and divisibility of investment instruments.

Stored in e-gold wallets or e-gold cards, ZiG stands as a versatile asset, offering a tangible solution in Zimbabwe's financial landscape.

Dear Nimbus Community,

As we move towards Swap 2.0 launch, we want you to be part of the journey every step of the way. Your feedback is invaluable, and we're committed to ensuring absolute clarity amid these significant changes.

📆 Starting from Wednesday, 11.10.2023, we're introducing a new initiative: Nimbus AMA (Ask Me Anything) weekdays! 🎤

✨ Every day, we'll pick 1-2 questions from our amazing community and provide detailed, in-depth answers. Your curiosity and insights drive our progress, and we're excited to engage in this direct and open conversation with you.

🔗 To make this even more seamless, we've created a Google Form where you can leave your questions, feedback, or thoughts related to Swap 2.0 and beyond. Your participation ensures that we address the topics that matter most to you.

📌 https://forms.gle/pdzYoggLfupBBmiFA

⏰ This slow-burning AMA format will continue until we're all confident that every minor change is not just transparent but thoroughly understandable for every user. Your satisfaction and comprehension are our top priorities.

🙏 We extend our heartfelt gratitude for your ongoing support, patience, and enthusiasm as we navigate these transformative times. Together, we're building something truly remarkable, and we can't wait to share every moment with you.

Stay tuned!

Hey, Nimbus Community 👋

Here's your Weekly Nimbus Metrics!

📌 Please note:

📊 Starting next week, we're revamping our weekly Nimbus Weekly Metrics presentation! Get ready for a more focused and insightful view that will deepen your understanding.

🔄 As we gear up for the Swap 2.0 transition, we're making some changes to our infographics. This means we'll be refining the data we share to give you a more comprehensive picture of our project's activity.

🚫 Some familiar figures will be bidding farewell, making room for new insights. We believe these adjustments will enhance your overall experience.

📆 Every Monday, check out our updated infographics to stay in the loop on the latest Nimbus ecosystem developments. Your feedback is crucial – let us know what you think! We're dedicated to transparency as we journey through the exciting world of decentralized finance together.

Stay tuned!

Crypto News Digest ⚡️

👉 Ex-BlackRock Executive Anticipates $200 Billion Surge with Spot Bitcoin ETF Approval in 3-6 Months

👉 Policy Exchange Recommends UK Seize Web3 Opportunity Amid US Regulatory Uncertainty

👉 New Report Says Half of Crypto Users Globally Invest to Enhance Living Standards

👉 ESMA Opens Second MiCA Consultation, Seeking Stakeholder Input on Key Crypto Regulations

👉 Canadian Regulatory Authority Provides Clearer Guidelines for Stablecoins on Exchanges and Issuers

Read more

Gaming Meets Finance! 🎮🤝

Discover the fascinating blend of gaming and finance known as "GameFi" and how it relates to DeFi in our latest article.

Explore how blockchain tech is revolutionizing in-game economies, making gaming more rewarding than ever! 💰

Ready to dive in? Click the link below!👇

LINK

Blockchain finance projected to be $79 billion market by 2032 😲

A report from Allied Market Research highlights that players in the blockchain finance market are actively pursuing collaborations and acquisitions as a key strategy.

Also, a recently published report from Ripple suggests that blockchain tech has the potential to reduce cross-border payment costs for financial institutions by around $10 billion by 2030.

Blockchain is still on the rise 🚀

Hey Nimbus Community 👋

If you want to sell your tokens and found out the swap machine is no longer available, we have two options for you:

1️⃣ Sell at the current market price
2️⃣ Sell at your chosen price

To understand how these selling options work, see our article below:
LINK

Feel free to contact support once you’re ready to choose a selling option here:
https://nimbusplatform.atlassian.net/servicedesk/customer/portals

Hey, Nimbus Community 👋

Here's your Weekly Nimbus Metrics!

Hey Nimbus Community 👋

The following are now officially closed:

👉 Nimbus Converter
👉 Nimbus Wrap Machine (ETH to BSC)

If you still need to wrap or convert your tokens, feel free to contact support so we can assist you in manually wrapping and converting your tokens.

Hey Nimbus Community,

Here's a friendly reminder that we're closing the Nimbus Converter on October 1, 2023 ⏰

Note:
We're also closing the Wrap Machine from Ethereum to Binance Smart Chain on October 1, 2023.

We ask you to kindly wrap your tokens before the date. Once the wrap machine is closed, you'll be required to go through Nimbus support to manually wrap your tokens.

Crypto News Digest ⚡️

👉 PayPal Ventures Into NFT Space with Blockchain Patent Application

👉 Buenos Aires Embraces Blockchain for Digital Identity Access

👉 Coinbase International Expands Perpetual Futures Trading Beyond U.S.

👉 Circle Extends EURC Stablecoin Reach to Stellar Network, Expanding Web3 Utility

👉 Bitcoin Inventor Proposes Runes as Efficient Alternative to BRC-20 Tokens

Read more:
https://nimbusplatform.io/library/universe-of-crypto-and-defi/industry-pulse/crypto-news-digest-paypal-ventures-into-nft-space-with-blockchain-patent-application

Do you understand how bear and bull markets work? 📉📈

Bear and bull markets are seasons in crypto, just like the weather☀️

And of course, the weather behaves differently during these seasons. But the difference is, you don't feel anything physical to know what crypto market you're in. 

No heat. No rain.

You only find out by knowing the signs of when they come.

Read our article below to discover these signs, along with how long they last for:

LINK