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Syncord | Official News Channel

Syncord | Official News Channel

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Syncord is a DAO-governed platform that offers earning strategies for users boosted by multiple layers of risk-management. Receive rewards from IPO participation, Lending & Borrowing, and more in one spot.

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Posts Archive
Do you think a decentralized stablecoin can dominate the market?
Anonymous voting

Crypto News Digest ⚑️ πŸ‘‰ MakerDAO Co-Founder Foresees Decentralized Stablecoin Surge πŸ‘‰ Santiment Analysts Predict Elevated Ether Volatility Amidst Surging On-Chain Activity πŸ‘‰ Opera Unveils Noncustodial Stablecoin Wallet MiniPay for African Users on the Celo Blockchain πŸ‘‰ Delaware Bankruptcy Court Approves FTX Digital Asset Sale of up to $3.4 Billion πŸ‘‰ Coinbase CEO Brian Armstrong Advocates Legal Precedents and Regulatory Clarity for DeFi Read more here: LINK

Future of BUSD: What do you expect for the future of BUSD?
Anonymous voting

What is happening with BUSD and Binance? πŸ€” Well, Binance and BUSD have signed the divorce papers... Binance has agreed to di
What is happening with BUSD and Binance? πŸ€” Well, Binance and BUSD have signed the divorce papers... Binance has agreed to discontinue BUSD on February 2024 and no longer issue new BUSD trading pairs. Why? Find out below πŸ‘‡ LINK P.S You'll also discover other stablecoins and what to expect from the crypto space going forward ✨

How many Bitcoins do you think are locked forever? πŸ€” Are you thinking a small percentage such as 1%, 2%, or 5%? The answer i
How many Bitcoins do you think are locked forever? πŸ€” Are you thinking a small percentage such as 1%, 2%, or 5%? The answer is actually 20%! 20% of existing bitcoins are stored in wallets whose owners do not have access to them. According to estimates by the analytical company Chainalysis, there are now more than 18.5 million bitcoins in the world. However, 20% of them for a total of $140 billion are on lost or blocked wallets 😲 Have a safe crypto day πŸ™Œ

Telegram introduces their own crypto wallet! πŸŽ‰ πŸ‘‰Telegram, the chat app with 800 million users, is launching a self-custodia
Telegram introduces their own crypto wallet! πŸŽ‰ πŸ‘‰Telegram, the chat app with 800 million users, is launching a self-custodial crypto wallet, bolstering its position in the crypto community. πŸ‘‰ The wallet, called TON Space, is developed by the Open Network Foundation, initially created by Telegram's founders. πŸ‘‰ This announcement was made at the Token2049 crypto conference in Singapore, with a global release scheduled for November.

Dear Nimbus Community, For those not aware, the Nimbus Swap 2.0 upgrade is delayed for some more days. Our tech team found a
Dear Nimbus Community, For those not aware, the Nimbus Swap 2.0 upgrade is delayed for some more days. Our tech team found a logical issue in the smart contract during the final stage of testing. Also, we're still in the works of getting the Swap 2.0 contract integrated with almost all functionalities on the platform. Therefore, the upgrade will take slightly longer before being released to the public. We hope you can understand our reasons for delaying the Swap 2.0 upgrade. Thank you for your patience. We can't wait to provide you an update very soon! πŸ™Œ

Will altcoins ever surpass Bitcoin in terms of dominance? πŸ€”
Anonymous voting

Do you know what "Bitcoin Dominance" is? It refers to the proportion of the total cryptocurrency market capitalization that B
Do you know what "Bitcoin Dominance" is? It refers to the proportion of the total cryptocurrency market capitalization that Bitcoin holds at any given time. Bitcoin's dominance is now at a crucial percentage that indicates many good things! ✨ Learn about it here: LINK

Time to announce Friday's contest winners πŸ₯³ The winners can be found here
Time to announce Friday's contest winners πŸ₯³ The winners can be found here

Hey, Nimbus Community πŸ‘‹ Here's your Weekly Nimbus Metrics!
Hey, Nimbus Community πŸ‘‹ Here's your Weekly Nimbus Metrics!

We have an exciting NEW contest for you!πŸŽ‰ It's based on USDT and USDC 🌟 Prize Pool: $100 in NIMB! Duration: 72 hours Follow
We have an exciting NEW contest for you!πŸŽ‰ It's based on USDT and USDC 🌟 Prize Pool: $100 in NIMB! Duration: 72 hours Follow this Tweet for entry instructions: https://twitter.com/nmbplatform/status/1700203095609782629?t=RPvf1_8nUm0nzP_P4pS8DA&s=19 5 lucky winners will be chosen! 🎁

Crypto News Digest ⚑️ πŸ‘‰ Visa Expands Use of Circle's USDC Stablecoin, Paving the Way for Crypto Growth πŸ‘‰ UK Extends Deadlin
Crypto News Digest ⚑️ πŸ‘‰ Visa Expands Use of Circle's USDC Stablecoin, Paving the Way for Crypto Growth πŸ‘‰ UK Extends Deadline for Crypto Marketing Regulation Implementation πŸ‘‰ Former Thodex Crypto Exchange CEO Receives Staggering 11,196-Year Prison Sentence πŸ‘‰ Google Updates Crypto Ad Policy to Allow NFT Gaming Ads with Restrictions πŸ‘‰ U.S. Treasury and IRS Unveil Cryptocurrency Broker Regulations Read more here: LINK

πŸ‘‹ Hey Nimbus Community πŸ†• We've got some news for the Nimbus Plus members! Starting from tomorrow, September 8, 2023, a few changes in the Program interface and functionality will be implemented. Here they are πŸ‘‡ 1️⃣ The 20% APR Staking option will be disabled, meaning the Add tokens button will no longer be available to users. But no worries, your current Staking will keep generating rewards for you, moreover, you will be able to restake your tokens for 1 year at 30% APR once the current 20% APR Staking period is over. Note that the 30% APR option will still be available to all Program members. 2️⃣ The bonus for inviting other users accrued in NFT will still be part of the Nimbus Plus reward system, though it will be decreased from 10% to 5%. If you have some NFTs worth of 10%, they will still belong to you. 3️⃣ The Airdrop bonus distribution method will be upgraded to make the accrual process easier to understand and more intuitive. Within this upgrade, a few changes in the interface wil be introduced - nothing to worry about, we strive for making all Program elements as user-friendly as possible! Stay tuned for more updates - there are some of them coming very soon πŸ˜‰

Did you know Coinbase gave users 0.01 Bitcoin for referring others in 2012? 0.01 Bitcoin was worth $1.20 in 2012 and now wort
Did you know Coinbase gave users 0.01 Bitcoin for referring others in 2012? 0.01 Bitcoin was worth $1.20 in 2012 and now worth $2600 today! 😲 Imagine the value of 0.01 Bitcoin in the next 10 years πŸ€”

Which Stablecoin do you prefer?Β πŸ₯‡
Anonymous voting

USDT vs USDC: What's Better? πŸ€” News recently got out that Binance are withdrawing their support for BUSD in 2024 😲 There's
USDT vs USDC: What's Better? πŸ€” News recently got out that Binance are withdrawing their support for BUSD in 2024 😲 There's no better time than now to learn about other Stablecoins to stay ahead of the curve. USDT and USDC are the biggest Stablecoins out there, so we've prepared an article that answers every question you have in mind below: LINK

Hey, Nimbus Community πŸ‘‹ Here's your Weekly Nimbus Metrics!
Hey, Nimbus Community πŸ‘‹ Here's your Weekly Nimbus Metrics!

Hey Nimbus Community πŸ‘‹ We've changed the entry conditions of our DubaiπŸŒ… promo! Originally, you had to achieve a 42.000 BUSD turnover by Staking at least 28.000 BUSD and acquiring at least 14.000 BUSD in Nimbus NFTs. The new promo conditions now scraps acquiring NFTs. You're only required to: βœ… Achieve a 42.000 BUSD turnover through Staking only. NOTE: This entry rule change is on place since September 1, 2023. You can now focus on the single goal of staking. Embrace the opportunity to propel your journey with Nimbus Plus and win a trip to Dubai! What If You've Already Acquired NFTs For The Promo? πŸ‘‰ NFTs acquired before September 1st still count to your total BUSD turnover. πŸ‘‰ NFTs acquired on or after September 1st won't count to your total BUSD turnover. Example: If you had 10k in staking and $500 in NFTs before September 1st, you're total BUSD turnover for the promo will be 10,500 BUSD. But, if you acquired $500 in NFTs on or after September 1st, the BUSD value of the newly added NFTs won't contribute to your total BUSD turnover. Engage in the promo hereπŸ‘‡ https://leader.nimbusplatform.io Other Important Information ⏰ The promo deadline is extended until October 1, 2023 πŸ—“ The date of the event will now take place from October 25th - 28th Elevate your journey!

ear Nimbus community, We want to inform you that the Nimbus Converter will be closing its doors on October 1, 2023. πŸ‘‰ It's b
ear Nimbus community, We want to inform you that the Nimbus Converter will be closing its doors on October 1, 2023. πŸ‘‰ It's been nearly a year since Converter was launched, providing enough time for users to transition their tokens at a 1:1 rate. πŸ‘‰ Until this date, we encourage all users to convert their NBU and GNBU tokens to NIMB and GNIMB at the fixed 1:1 exchange rate. This is your opportunity to seamlessly migrate your tokens and continue benefiting from the Nimbus ecosystem. πŸ‘‰ After October 1, 2023, users who still hold NBU or GNBU tokens will need to reach out to Nimbus Support for assistance. πŸ‘‰ Please note that the conversion process will then be manual, and the exchange rate will not be 1:1. Instead, it will be determined based on economic factors and the overall market situation, as defined by Nimbus. πŸ‘‰ Thank you for your continued support and trust in the Nimbus project. We're committed to delivering the best experience for our users as we move forward πŸ™Œ