The Nimbus company has launched the eponymous DeFi ecosystem featuring dapps for P2P lending, startup financing, IPO investments, and arbitrage trading. ForkLog reported this from the project’s developers.
The applications operate under a DAO framework, under which Nimbus accounts for 10% of governance tokens.
“The Nimbus platform has been operating since 2019 for 50,000 users worldwide. The move to DeFi is a logical step in our company’s development strategy. Our new decentralized applications provide users with 10 earning strategies within a single platform and are based on tools understood by a broad audience: from crypto lending to IPOs and startup financing,” said Nimbus representatives.
The project’s ecosystem comprises four decentralized applications:
- P2P Lending — P2P lending;
- Crypto Arbitrage-Trading — decentralized trading powered by the Nimbus bot;
- IPO Hub — investing in IPOs. The tool is planned to launch in Q3–Q4 2021;
- Nimbus Crowdfunding — startup funding. The app will employ venture fund due-diligence mechanisms. Launch is planned for Q3–Q4 2021.
Nimbus does not set minimum investment amounts.
In addition to the dapps, the Nimbus team has developed two tokens and one stablecoin:
- NBU — a utility token. NBU offers holders 10 different revenue strategies through staking in various pools and unlocks access to Nimbus products. From January 27, 2021, NBU will be available on the Nimbus website, and in Q1 2021 it will appear on Uniswap and other exchanges;
- Nimbus Governance Token — governance token of the ERC-1155 standard. Token holders will receive proportional shares of the platform’s revenue and will be able to vote on Nimbus’s future development: pool profitability, transaction costs, and token distribution;
- STAN — a stablecoin backed by the US dollar.
In mid-November, the number of DeFi product users rose by 55% over six weeks .
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