As a DAO-driven platform that offers users over ten sources of income such as going public, Nimbus recently announced the launch of its governance token, GNBU. GNBU will launch on March 10, 2021 at 12 p.m. GMT on their official website.
This introduction will help the company become a fully decentralized ecosystem where all monetary benefits and governance of the platform will be shared among the GNBU owners.
Nimbus plans to be listed on a North American stock exchange by the end of the year.
Nimbus launched in 2019 with a user base of 50,000 users accumulated using their innovative Crypto Arbitrage trading bot. Last year, the company began its journey to a DeFi ecosystem of dApps, including Crowdfunding dApp, IPO Hub dApp, P2P Lending dApp, and Crypto Arbitrage Trading dApp.
NBU is a Nimbus utility token that has hit $ 35 million in market capitalization after two days of launch. The introduction of GNBU is the second milestone for the company that will bring the company closer to a truly decentralized ecosystem.
How does this event benefit its users?
Governance tokens are a valuable commodity that is becoming increasingly popular in the DeFi space in a short period of time. The GNBU will make the governance tokens even more efficient by providing several unique benefits to holders. Some of the benefits of GNBU holders are:
1. The start of the dApps will bring about ten sales cuts:
Nimbus will launch a series of four new dApps over the next month, which has been eagerly anticipated by the company’s 50,000 users. These dApps help with:
- IPO participation with crypto
- Peer-to-peer credit transactions for users with different risk levels
- Start-up funding and access to equity and convertible bonds
- Crypto arbitrage trading
These dApps generate more than ten revenue streams for Nimbus users, and GNBU owners benefit from each stream at the same time.
In addition, these dApps will integrate time-honored tools from traditional finance into the decentralized finance industry. This integration opens up several new possibilities for GNBU holders, increases their utility and at the same time reduces the overall risk.
2. Open governance for the Nimbus platform:
After the launch of GNBU, the owners will have a decisive voice over the technical, economic and governance decisions of the company. For example – gas charges, changing pool reward levels, burn tokens, etc.
3. GNBU trade:
All GNBU holders can exchange their tokens for Nimbus Utility Token, USDT, ETH etc. These opportunities will increase as the company is listed on more crypto exchange platforms.
This way, users can wager their rewards by holding GNBUs or exchange them for their preferred token minting winnings.
4. Nimbus exchange opportunities:
With the company planning to be listed on a major North American stock exchange by the end of the year, it means new opportunities for users.
Nimbus will be the first company to achieve this goal and expand the service portfolio currently offered. By going public, Nimbus offers its users, who can generate more profit, much more capitalization options.
As can be seen from the past, many governance tokens are a huge hit. However, all of the points listed offer GNBU holders – especially the early ones – even better prospects than the market average. Therefore, the start on March 10th, 12pm GMT, should not be missed.
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