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About Nimbus

Nimbus is a DAO-governed ecosystem that aims to provide users with multiple compensation streams through a suite of decentralized applications (dApps). These dApps are designed to leverage opportunities from both traditional finance and decentralized finance (DeFi), providing users with a variety of asset utilization strategies. The Nimbus ecosystem is built on immutable and audited smart contracts, which form the foundation for all Nimbus solutions and future decisions made by Nimbus Governance token holders. The platform aims to streamline the process of generating compensation and moving digital assets, eliminating the need for users to navigate multiple platforms.

Nimbus operates through a series of dApps that offer users a range of financial opportunities. One of these is the Nimbus Staking dApp, which allows users to utilize their assets in different ways through six distinct staking options. Another is the Nimbus Liquidity Providing dApp, which facilitates the addition of funds to token pairs on the Nimbus platform, enhancing the speed and efficiency of asset transactions. Users who provide liquidity receive LP Tokens that can be staked to receive compensation. The platform also features Smart LP NFT and Smart Staker NFT functionalities, which automatically distribute supplied assets for optimal yields and diversified risk.

Nimbus aims to provide a comprehensive platform for users to leverage their assets in a secure, efficient, and rewarding way. The platform's dApps offer a variety of use cases, from staking and liquidity providing to participating in the Nimbus Plus Program, which allows users to receive compensation by participating in specific actions and building their referral network. The platform is designed to allow for the integration of new third-party dApps.

Nimbus was launched with the goal of creating a DAO-governed ecosystem that provides multiple compensation streams for users. The platform's suite of dApps was designed based on established practices in DeFi and top financial instruments that were previously unavailable for crypto. Over time, Nimbus has introduced new features and functionalities, such as Liquidity Pool 2.0 and the Nimbus Plus Program. The platform continues to evolve, with the capability to integrate new third-party dApps.

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Canada News about Nimbus

Decrypt • May 02, 24

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

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BeInCrypto • May 01, 24

Celestia (TIA) Price Targets $7 as Investors Pull Back

Celestia's price is in a potential reversal stage and could so so only if the altcoin manages to bounce off these key.The post Celestia (TIA) Price Targets $7 as Investors Pull Back appeared first on BeInCrypto.

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Bitcoin Magazine • May 01, 24

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

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The Block • May 01, 24

Aave Labs debuts V4 roadmap in series of governance proposal

Aave Labs unveiled its plans for Aave V4, holding up its long list of new and improved protocol features up to public scrutiny.

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Decrypt • May 01, 24

Build on Bitcoin Launches Mainnet With Over 40 Apps

BOB launches its Bitcoin layer-2 Ethereum rollup, with more to come over the next three weeks.

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Unchained • May 01, 24

Schonfeld Latest Wall Street Player to Make Push Into Bitcoin, Ether Options

Traditional finance multi-strategy hedge fund firm Schonfeld Strategic Advisors is pushing into crypto products. Schonfeld disclosed in SEC filings on March 29 investments in both bitcoin (BTC) and ether (ETH) futures. A number of Wall Street firms have been investing in crypto for the first time...

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Nimbus is on the rise this week.

The price of Nimbus has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Nimbus’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Nimbus?

We update our Nimbus to CAD currency in real-time. Get the live price of Nimbus on Coinbase.

What other assets are similar to Nimbus?

Assets that have a similar market cap to Nimbus include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Nimbus on Coinbase?

Yes, Nimbus is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Nimbus guide.