TRENDING NEWS IN THE WORLD OF DEFI

Nimbus DeFi newsletters cover the most exciting news in the Crypto/DeFi world, how a particular message or occurrence impacts DeFi, Nimbus, and the community will be discussed.

LET’S GET STARTED

Bitcoin continues to fall below $50,000 as market sales continue

While the sudden drop in BTC’s 51% share in the crypto market drove many crazy, many market participants were extremely calm. And DeFi seems to be the ship that keeps it afloat, and others are heading for the altcoin. A good thing for the DeFi markets in general and therefore the Nimbus platform.

ETHEREUM’S GAS CAP HAS REACHED 15 MILLION

To alleviate transaction congestion, Ethereum miners have managed to raise about 15 million as an initial record, especially now that the activity on the chain is quite large. Concerns about slow transactions and high gas costs have been a concern for market participants for some time. This is certainly good news, but Nimbus users do not need to worry about high gas costs or processing inefficiencies. As the expansion of the Binance Smart chain approaches, Nimbus aims to optimize gas rates 10 times. And by then, up to 40% of risky rewards and compatible functions on the Nimbus platform will pay off.

DO YOU THINK THE RAPID GROWTH OF THE DEFI INDUSTRY IS TO BLAME?

Coinbase was listed on Nasdaq, the first cryptocurrency-related company to launch on a major exchange.

It looks like Nimbus platforms will be in the news for something like this in 2022, With Nimbus, one of the first DeFi projects to go public on a major North American exchange, the entire Nimbus community will be at the interface where both the crypto and crypto markets benefit from the capital.

ABOUT NIMBUS PLATFORM

Nimbus has been around in the crypto industry since 2019 when they accumulated a massive user base of 50,000 users through their innovative crypto arbitrage-trading bot. In 2020, Nimbus began its transformation into a DeFi ecosystem of four dApps based on time-honored tools, including IPO Hub dApp, Crowdfunding dApp, P2P Lending dApp, and Crypto Arbitrage-Trading dApp.

The launch of their utility token, NBU, was a major success with a market cap of $35mln reached within only 2 days after the release and now the Governance token GNBU is live which is a great milestone.

According to the roadmap, in the longer run Nimbus shall transform into a one-stop-shop consisting of even more revenue channels for their users.

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

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Trephason Reuben

Trephason Reuben

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

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