Nimbus is a blockchain platform that specializes in DeFi solutions for any potential needs a prospective user may have. Whether it is through dApps, staking in Crypto, or via lending and borrowing, Nimbus is the go-to platform when it comes to taking advantage of the DeFi market, and a major factor of its continuing success comes from its native tokens, NBU, and GNBU. With a third stablecoin in the works, Nimbus’ innovation continues to impress its community and grow along with the DeFi market.
Starting with the basics, there is the NBU token that serves as the lifeblood of the platform. NBU can be used to pay off debts, fees, swaps etc and is the standard for all transactions. Users can swap existing tokens from Binance or Ethereum blockchains or they can apply for a loan from Nimbus itself. Nimbus makes it easy for a first-time user to get a loan for tokens or just pay out of pocket for them. This flexibility from the start lets the user experience every step at their own pace.
NBU is the basic utility token and will be the one that most users will find most comfortable. NBU is often used for swapping or staking due to the ease of use it offers to jump into the sixteen different revenue streams Nimbus offers. Founded with the idea of being a flexible platform, Nimbus created the NBU to reflect that flexibility. A user can choose what they do with their tokens, like entering it into a chosen liquidity pool for the interest it accrues. Or they might swap it out via the Swap Machine dApp for a different token like Ethereum. While not offering as many options as the GNBU, NBU has far more intuitive access associated with it for the average user to take advantage of.
GNBU, the second of the two currently available tokens, is the main governing token on the Nimbus platform. Like NBU, GNBU offers its users a lot of flexibility and can be traded, tendered, or sold as a user likes. GNBU does take the staking idea farther as well, due to its nature it can be staked into whichever pool they like for any determined time versus the sometimes-hard locked nature of NBU staking. Furthermore, simply being in possession of the token allows for a user to get a percentage of every transaction fee that takes place on the platform.
The biggest difference between NBU and GNBU is that GNBU allows the user to have voting power on the platform. Nimbus relies on the community at every level, and it has established a community vote for major decisions that impact the platform’s ecosystem and current path. If someone has a GNBU they have a vote in this community and have a direct impact on the future of Nimbus. With the Nimbus Platform itself capping its ownership of GNBU at 10% any user that possesses one of these tokens has a major voice in developments.
There is a third token that is currently being developed along the Stablecoin idea: STAN, which will be directly pegged to the United States Dollar. Though it’s still in the works, Nimbus plans on having access to 15 different revenue generating tools. STAN will be swappable using Uniswap for other forms of Crypto or cashed out at the user’s leisure. Stablecoin is a more tangible coin that some users will find more comfort in and is one more avenue for users to reach financial success.
Crypto by its nature can be confusing, so Nimbus created its tokens with the philosophy of entuitive use for all Crypto enthusiasts. Nimbus isn’t as large as other blockchain platforms for now, but its growth continues with its security and flexibility being its driving force. In 2021 alone the number of users with attached wallets reached over 57,000 in number. As Nimbus continues to expand that number will grow massively.
The Nimbus blockchain represents the future of decentralized finance and innovation. With the hopes of eventually creating an entirely decentralized bank for its users to have access to, Nimbus is constantly creating the next best thing through its platform. Even its ecosystem has been created to be fluid and allow for user input at a regular pace.
There’s been a lot of bad press in the news regarding Crypto. For some Crypto is a game of musical chairs that won’t have many seats left when the music stops playing. But this isn’t a game of chance, and those who believe it don’t understand the market. Nimbus has striven to ensure that every user understands the experience fully while enforcing strict transparency and security across the platform. The best example of this lies in its chosen tokens.
Nimbus clearly has all token values available to its users and market trend information is up to date and specifies all aspects of exchange value. Furthermore, GNBU and its associated services encourage investing time and resources back into the community and benefits not only one user, but the entire platform. The ripple effect from one user benefits another and the cycle continues across the whole of the user base.
Community is key with the Nimbus platform, and constant innovation in both the services offered and what NBU and GNBU offer allow for that community involvement while they further innovate the platform to meet new trends. In no other platform does the community find itself directly involved in the ecosystem, and it is just one more reason why Nimbus is continuing to grow at a rapid pace as the year closes itself out.