A Blog Worth Reading Before We Say Goodbye to 2021

1. 15 products launched in 11 months

  1. Nimbus utility token, NBU
  2. Nimbus Swap
  3. Liquidity Providing & LP Staking block
  4. Staking block with 6 different staking options for NBU and GNBU
  5. Nimbus Analytics page
  6. Nimbus governance token, GNBU
  7. Nimbus DAO
  8. Peer-to-peer exchange
  9. All Nimbus functionality integration with Binance Smart Chain
  10. Wrap Machine
  11. Lend dApp
  12. Borrow dApp
  13. Nimbus Affiliate Program
  14. Mobile app
  15. n-NFT block: the first yield-generating NFTs on the market

2. Lessons learned: a streamlined approach to product development, audit, and testing

  1. Building on years and years of experience, we’ve developed a truly efficient approach to product development and testing. It all starts from market research and financial modeling, goes through coding by 3 different teams working in parallel according to SCRUM standards, then passes to an internal audit, pen-testing, audit by external firms, bug bounties, UX/UI focus groups and optimization — and finally, pre-launch on the testnet. Only then can we officially launch the functionality on the mainnet. This ensures maximized security, efficiency, and user-friendliness — as well as faster market adoption as a result.
  2. We’ve worked with the 4 best audit firms from across the globe — Zokyo, Hacken, Chaitin, and Certik — to find the perfect match. Now we keep working with a few of them at once. After all, DeFi is still an emerging industry and the code history is too young. The more experience and different perspectives you have, the higher the security.
  3. Finally, to support all of that, we’ve grown our technical team 5x — from 5 people to more than 25. And set up an entire audit and testing department. Now our product launches are much more frictionless.

3. Extended product roadmap and evolving high-level vision: focus on setting the trends, not just responding to them

4. Boosted organizational efficiency and growing worldwide adoption

  • Our total value locked (TVL) reached over $7 966 480. This positions us among the top 10% DeFi projects by TVL. Our tokens have been included in over 10 ratings, including the CoinMarketCap, CoinGecko, and others — and listed at the major DEXs. And while these are already good achievements for the first year of operation, these numbers cannot even be compared with our projections for 2022.
  • We have brought in brilliant specialists from all around the world to our team — including our current CEO Alex Lemberg, who is already giving us a major boost with his vision, network, and amazing leadership. In fact with Alex, a new chapter of Nimbus has begun — and it promises to be extremely exciting for the entire industry.
  • We have been recognized by top media around the world, including Bloomberg, CNN, and others, and got featured in over 700 articles.
  • Our community has grown twofold and now spans across over 100 countries. We have also revised our communications and started sharing with you everything we can as fast as we can — including in local languages. We have also expanded our official support team so we can cover 4 languages: English, Spanish, Russian, and Hindi, and respond to you almost in real-time. We also expect Nimbus DAO to become truly functional in 2022 with your support and play a major role in directing the overall Platform development.
  • As part of our community engagement activities, we have also launched the Nimbus Academy — an educational initiative that provides actionable yet simple tips on how to benefit from DeFi. We have received great feedback from you so expect to see many more episodes in 2022: we just need a bit more resources to ramp it up, especially when all speakers are so busy with the great developments that are in our pipeline.
  • We are about to close a few major partnerships, including some big institutional players. Overall, you will see a major boost in business development in 2022 as according to our current strategy, that is one of the key focuses. After all, why not leverage all the great connections that we have to speed up our growth? Of course, the existing Nimbus community will be the major beneficiary of this.

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