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LBank Exchange Will List NIMB on December 14, 2022

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Internet City, Dubai–(Newsfile Corp. – December 13, 2022) –  LBank Exchange, a global digital asset trading platform, will list NIMB on December 14, 2022. For all users of LBank Exchange, the NIMB/USDT trading pair will be officially available for trading at 8:00 UTC on December 14, 2022.

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Featuring 15 customizable earning strategies and being the first globally regulated DeFi institution under a central bank`s jurisdiction, Nimbus Platform serves as an easy and efficient access point to the best of DeFi. Its native utility token NIMB will be listed on LBank Exchange at 8:00 UTC on December 14, 2022, to further expand global reach and vision of the platform.

Introducing Nimbus

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Nimbus’ mission is to expand access to financial tools and literacy by leveraging innovative solutions in the digital asset and cryptocurrency space. It offers a wide range of customizable earning strategies accessible for any type of user to let anyone benefit from the future of finance immediately. Nimbus platform is a well-known player in the crypto space that boasts reliability and efficiency.

Earning with Nimbus is easy. One can simply pick a strategy that suits them and follow step-by-step guides to import their assets and start receiving rewards. Users can track their performance with convenient widgets, and withdraw their rewards at any time.

Revenue generating solutions provided by Nimbus include unique n-NFTs as a structured financial derivative product. Smart LP n-NFT gets the assets users supply automatically distributed across Liquidity Providing and LP Staking functionalities, and immediately starts generating rewards for users. Smart Staker NFT automatically generates rewards from two staking streams: with up to 40% APR and 60% APR correspondingly. These products give users ultimate risk mitigation and optimal yields, while saving time and gas fees.

Furthermore, users can stake NIMB, the utility token of Nimbus, or GNIMB, the governance token of Nimbus, at up to 20% APR, and choose the most suitable period and type of staking among the 6 possible options. Users can also become a Liquidity Provider for Nimbus Swap to receive 2 types of rewards with up to 100% APY, by picking a pair that they’d like to provide liquidity to, and then staking the LP tokens in the LP Staking. With affiliate program, users can even invite their friends to Nimbus and get extra rewards, bonuses and higher level of APR, including the possibility to win Nimbus NFTs, sell or exchange them via P2P functionality to level up faster.

With Nimbus dApps, one can leverage the best opportunities from both Traditional Finance and DeFi. Together, these dApps provide unparalleled synergies and numerous earning strategies for users – no matter how experienced they are in DeFi. All of it with the highest smart contract security scores and the best digital asset risk management practices.

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About NIMB Token

NIMB is the new platform utility token which is a key to all Nimbus solutions. It provides access to several Nimbus revenue-generating opportunities with different APRs. The Platform rewards are also received in NIMB. Finally, users can swap NIMB at exchanges.

Based on BEP-20, NIMB has a total supply of 10 billion (i.e., 10,000,000,000) tokens, of which 10% is allocated for NBU replacement, 30% is allocated for CEX#1, another 30% is allocated for CEX#2, and the rest 30% is provided for Nimbus platform.

NIMB token will be listed on LBank Exchange at 8:00 UTC on December 14, 2022, users who are interested in the Nimbus can easily buy and sell NIMB token on LBank Exchange by then. The listing of NIMB token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.

Learn More about NIMB Token:

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Official Website: https://nimbusplatform.io
Telegram: https://t.me/nmbplatform
Discord: https://discord.gg/zvVjU78f85
Twitter: https://twitter.com/nmbplatform
Medium: https://nimbusplatform.medium.com/

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147684

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Blockchain

Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blockchain

Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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