[PRESS RELEASE – Please Read Disclaimer]
Nimbus, a DAO-governed platform that offers over 10 reward streams based on IPO participation and other tools in one spot, has announced its NBU token listing on Uniswap, on the 24th of February 2021, 12 PM GMT.
This event might draw even more attention than the recent NBU launch. At the launch, the NBU market cap reached roughly $35 million in just two days, as daily transactions peaked at $430,000, and the locked liquidity hit as high as $3,800,000.
Nimbus has been around since 2019 and shortly accumulated 50,000 users for their innovative crypto arbitrage-trading bot. In 2020, the company started transforming into an ecosystem of dApps based on tried-and-true financial tools, such as traditional IPOs, Peer-to-Peer Lending, and so on.
All in all, the Platform shall provide over 10 reward streams for users based on clear reward-generation mechanisms – all available via one token: NBU.
The NBU token listing on Uniswap is a logical next step in this transformation process.
First, the listing shall create fantastic arbitrage opportunities between the internal Nimbus Swap machine and Uniswap. Moreover, even when the differences in token value level out, the Nimbus Platform shall offer users just enough of rewards to keep them satisfied – be it via Liquidity Providing functionality with 100% APY or other incredible opportunities and staking options.
Second, due to its higher liquidity prospects, Uniswap enables users to execute larger swaps without the rate fluctuating too much. So all those who are really serious about stocking up piles of NBU can finally do so at a more stable rate and with lower fees!
As the Nimbus platform’s exposure grows by leaps and bounds, Uniswap is clearly a great tool for that so search for NBU at Uniswap starting from February 24, 12 pm GMT.
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Source: Crypto Potato