10 Revenue Streams in one Governance Token: Meet GNBU by Nimbus!
Some governance tokens’ value grows by thousands of percent in just a few months. As the market shows, even mediocre governance tokens reach astonishing heights — partially, due to the bull market and the crashing economies.
But Nimbus governance token’s success does not rely on the DeFi hype and the short-term market conditions. Why? There are at least 5 reasons for that — find them below.
Why does Nimbus Launch a Governance Token?
The Nimbus team’s ultimate goal is to create THE DeFi Ecosystem that would offer the most rewarding and transparent financial tools and meet the users’ needs worldwide.
A sure way to achieve that is to let the community shape the Nimbus Platform in its own best interest — and receive monetary incentives for doing so.
That’s why we’re launching the Nimbus governance token, GNBU, and the Nimbus DAO on the 10th of March 2021 at 12 PM GMT.
It will become the ultimate mechanism enabling all of the above and ensuring true decentralization of the Platform control. From March 10 onwards, YOU will be the one to lead Nimbus forward — and benefit from it.
How exactly can you win from this launch, and where will your GNBUs come in handy? See the answer below.
Nimbus Governance Token — Combination of 10+ Revenue Channels and Ultimate Decision-Making Power!
If the NBU token (Platform’s utility token) is the key to all Nimbus functionalities — GNBU enables you to tap into all revenue channels of the Platform at once and steer the Platform in your preferred direction.
Unlike most other governance tokens, GNBU offers numerous benefits to its holders and the Nimbus community as a whole:
1) Receive cuts from 10+ Platform revenue channels at once:
The launch of the four Nimbus dApps shall generate more than 10 revenue channels for Nimbus users. But while NBU holders need to choose in which ones they want to participate, whereas GNBU holders will simply receive cuts from all of them at once. This collects all the incredible opportunities of the entire Nimbus platform in one single token — while you watch your rewards grow and expand. In the long run, this mechanism not only enhances the utility of the Governance Token but also its value in the market, in the interest of the token holder.
2) Diversify your rewards and mitigate risks:
Since GNBU brings revenues from all Platform pools to holders, your rewards become extremely diversified and sustainable. Even if one of the pools does not leave up to the expectations — there are still plenty of others to rely on.
Moreover, as new pools appear on Nimbus, you will receive more and more channels to benefit from. All you need to do is hold on to your GNBUs!
3) Benefit from both holding and swapping the token:
Most governance tokens typically allow the holder to receive rewards from 1–2 revenue channels — if any at all. So if you’re not so keen to vote, the only way to really benefit from such tokens is to trade them or exit one day.
But GNBU dramatically revolutionizes this landscape! It combines 3 opportunities at once:
• holding for a wide range of ongoing rewards,
• voting to ensure even brighter prospects for the future,
• swapping at the exchange.
This poses GNBU for big success in the market — and enhances demand, ramping up all the three benefits even further.
4) Unprecedented opportunities on both crypto and traditional capital markets:
According to the recent announcement, Nimbus shall be listed on one of the biggest North American stock exchanges by the end of 2021. This milestone shall enhance the prospects of GNBU holders at the heart of both traditional capital and crypto markets.
5) Crafting the Platform to your own Needs through the Governance Process:
Proper Platform management leads to better solutions. That, in turn, ensures even higher rewards for the GNBU holders!
So why not partake in the Platform governance to promote the decisions that you personally consider wise and beneficial for the community?
With GNBU, you can submit votes and proposals on the economic, technical, and governance-related aspects of the Nimbus platform. For example — change platform transaction fee levels, propose technical updates, enhance pool reward levels, decide on token burning, and much-much more!
The accumulated GNBUs determine the weights of the user’s voting right. Hence, the more GNBUs a user holds in his/her wallet, the higher is the weight of delegation or vote on the proposals made.
Moreover, since some participation options require you to accumulate a certain level of voting power, GNBU holders can also delegate voting rights to each other. This helps promote the wisest leaders and align with the community’s best interest. Soon, we will share more details on how exactly the voting process works.
Don’t Miss the GNBU Launch on March 10, 12 PM GMT
GNBU will be launched on March 10, 12 PM GMT, at the Nimbus Platform. You will be able to swap it with NBU, ETH, USDT, and DAI — with more pairs added soon.
After the launch of the GNBU at the Nimbus inner Swap machine, we shall quickly move towards the listing of the GNBU on big exchanges. This shall further enhance the reward prospects and opportunities for our users.
This will be your chance to get GNBU at an attractive value point and grant yourself all these amazing benefits.
So be wise: keep your eye on the Platform on March 10, 12 pm GMT, and track official updates in our Telegram Channel. See you there
