The GNBU governance token of the Nimbus ecosystem is now live on Uniswap—the world’s largest decentralized exchange.
Listings at the Nimbus Internal Swap Machine and Uniswap
The GNBU listing on Uniswap on March 17 took place a week after the token began trading on the Nimbus Internal Swap Machine on Mar 10. Even there, with limited visibility, its price rose 2X in just two days.
From Nimbus’ design, the DAO-led protocol gifts holders. As a result, traders and savvy investors are scrambling for the token, knowing what ownership means. Unlike other governance tokens, GBNU owners can not only trade it and vote but also receive revenue shares from the over 10 revenue-generating dApps and pools of the Nimbus platform. Those enable IPO participation, startup financing, peer-to-peer lending and borrowing, and so on.
Accordingly, GNBU holders can enjoy capital gains and satisfactorily diversify their portfolios by holding a single token: GNBU. If any one of the ten pools underperforms, there is the safety net of the other nine, balancing the system and ensuring consistent income streams.
An Opportunity for Arbitrageurs
Furthermore, arbitrageurs can earn extra income by exploiting price differentials between the Nimbus Internal Swap Machine and Uniswap.
Their participation also eliminates divergence, which can be an attack vector if complex products are built on the highly potent GNBU token.
Moreover, Uniswap is decentralized and open-source, relying on the Automated Market Makers (AMM) model. It means liquidity providers of the ETH/GNBU and NBU/GNBU pools are incentivized, providing users with yet another income stream.
Why GNBU Stands out as an Opportunity for DeFi investors
The odds of the GNBU token succeeding in the immediate to medium term remains high. Examples of other high potent governance tokens like COMP or YFI can be prime examples. These tokens have been some of the top gainers in the DeFi bull run of the last 15 months.
During this time, leading open-source DeFi protocols have not only garnered support from retailers, but governance token holders have relished from what would be perhaps a once-in-a-lifetime opportunity.
The good news is that there is another opportunity for Nimbus ecosystem fans to tap on the potential of the GNBU.
Aside from the over ten revenue streams, the Nimbus platform has more than 50,000 users. Their users expect the Nimbus Ecosystem to eventually evolve into a one-stop-shop for where the top traditional investment products shall become automated and available with crypto. The dApps for IPO participation, Peer-to-Peer Lending and Borrowing, Crowdfunding, and Crypto Arbitrage-Trading are just the starting point.
All these solutions work independently and harmoniously to benefit the token holders aiming to improve his/her bottom line in a risk-mitigated environment.
Additionally, as the Nimbus platform evolves, adding more functionalities for a close, beneficial ecosystem, token holders will be entitled to all those benefits too.
Decentralization, Transparency, and Possible Listing in a North American Stock Exchange
The Nimbus ecosystem is, as aforementioned, led by a DAO. Only a small percentage, 10 percent of all GNBU tokens in circulation, have been assigned to the Nimbus Organization.
Accordingly, with GNBU holders in control, they can propose and, if approved by other community members, directly contribute to propelling the platform forward.
Also, Nimbus plans to be listed in one of the leading stock exchanges in North America in the next few months.
A subsequent listing would mean providing a link between centralized, traditional finance with decentralized finance in a symbiotic relationship thrusting the sphere closer to mainstream adoption.