RECEIVE REWARDS FROM 100,000 USDT FUND FOR SWAPPING NBU ON UNISWAP

Trephason Reuben
3 min readFeb 27, 2021

To celebrate NBU’s listing on Uniswap, the Nimbus platform is launching a unique 10-day exchange competition with a maximum of 100,000 USDT NBU funds. Everyone can win great prizes, but hurry up — the contest has already started and will only last 10 days.

REASONS WHY YOU SHOULDN’T MISS THIS

1. Generous prizes for all participants, not just a few winners:

Having little hope of winning?

This exchange contest allows all participants to exchange NBU with ETH in Uniswap to get great Rewards. The more NBU you trade, the higher the reward you get. If you keep a portion of your NBU until the end of the competition, you can further increase your benefits.

2.You can swap any amount of crypto:

This unique 2 in 1 contest has a two-tier entry system to maximize your rewards. This is specially designed so that the entire Nimbus community can participate, no matter how many digital assets you have.

3. Fair conditions for all:

This two-tier approach also aims to eliminate the loophole that will allow malicious participants to collect all rewards for themselves and leave those who follow the rules.

SUMMARY OF THE COMPETITION

1. Total Reward fund:

An NBU fund worth 100,000 USDT will be shared proportionally among all participants.

2. Duration:

The competition holds for10 days, and participants will have to hurry up to benefit from the contest. The contest will take place on February 26, 2021, at 18:00. GMT and will end on March 7, 2021, until 18:00 GMT.

3. Two participation models to choose from:

Model 1: Join by changing NBU on Uniswap:

Trade a total of at least 1000 NBUs in these 10 days. Please note that your total trade volume is calculated based on your exchanges from ETH to NBU and NBU to ETH.

Based on this activity, you will receive your prorated portion of the USDT 30,000 Prize Fund designated for this participation model.

calculation of the rewards for this participation model:

Your reward = (your total trading volume / cumulative trading volume of all participants in the first participation model) * reward fund of the first participation model, i.e. 30,000 USDT

Model 2: Join Uniswap by changing and maintaining the NBU:

Trade with at least 2500 NBUs and keep at least 500 in the same wallet until the competition ends.

As a reward, you will receive your proportional portion of the USDT 35,000 fund rewards. This increases to 70,000 USDT if the total Uniswap exchange volume of the NBU / ETH pair reaches USDT 3.5 million during the contest period.

This means that the reward you can get is as much as the fund allows, which is a lot. The more NBU you change and the more NBU you end up with, the higher the reward.

Calculation of the rewards for this participation model:

Your reward = [(your total trading volume/total accumulated trading volume of all participants of the second participation model) + (balance of NBU tokens in your wallet at the end of the competition/balance of NBU coins accumulated in the wallets of all participants at second entry model at the end of the competition)] / 2 * Prize fund for the second entry model, i.e. 35,000 or 70,000 USDT

Note: Your prize will be transferred to your wallet at NBU at the end of the competition on March 7, according to the Uniswap exchange rate. Also, note that Airdrops have a 2-month lock-up period, followed by an additional payback of 20% per month. This helps to protect the Nimbus community from so-called “pumps and landfills.”

ABOUT NIMBUS

Nimbus is a DAO-governed ecosystem of dApps that generate multiple revenue streams based on real-world use cases — from P2P lending to IPOs & Crowdfunding.

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Trephason Reuben

Blockchain evangelist, Crypto and DeFi enthusiast, creative thinker and a content creator.