Nimbus Staking Guide

What is Staking and how Staking Rewards are Calculated?

Staking is the process by which you transfer your tokens to blockchain maintenance in exchange for Rewards in the form of new tokens. In simple words — you “deposit” your tokens and receive Rewards on top of them.

The Reward size is defined by the APY indicator. APY is the Annual Percentage Yield — or the Reward that users receive per year on deposited tokens.

For example, 10% APY on 120 NBU means that the user will receive 12 NBU per year, or 1 NBU per month.

Description of Soft Staking and Hard Staking on the Nimbus Platform

Nimbus Platform offers 2 types of Staking: Soft Staking and Hard Staking. They essentially differ in how you can withdraw the deposited tokens and the Reward levels you receive:

  • In Soft Staking, you can withdraw your deposits at any time.
  • In Hard Staking, your tokens get locked for the specified period of time (minimum Staking period) — from 60 to 180 days. The advantage of Hard Staking is the higher APY that you receive in return.

Within each Staking type, you have several options to choose from and can stake either NBU (utility token of the Nimbus platform) or GNBU (governance token of the Nimbus platform). However, in both cases Rewards are received in NBU according to the selected APY.

*At the time of the present guide’s publication, the Staking conditions are the same for both networks on which the Nimbus functionality is deployed: Ethereum and Binance Smart Chain.

Current Сonditions for Soft Staking:

1. NBU Soft Staking — 10% APY

  • Minimum Staking deposit: no limitations
  • Minimum Staking period: no limitations
  • Deposit withdrawal: at any time
  • Reward received in: NBU tokens
  • Reward level: 10% APY
  • Receiving Rewards: every second without vesting, meaning you can withdraw them any time

2. GNBU Soft Staking — 10% APY

  • Minimum Staking deposit: no limitations
  • Minimum Staking period: no limitations
  • Deposit withdrawal: at any time
  • Reward received in: NBU tokens
  • Reward level: 10% APY
  • Receiving Rewards: every second without vesting, meaning you can withdraw them any time

Current Сonditions for Hard Staking:

1. NBU Hard Staking (60 days) — 30% APY

  • Minimum Staking deposit: no limitations
  • Minimum Staking period: 60 days
  • Deposit withdrawal: the next day after the Minimum Staking period finishes or any time later
  • Reward received in: NBU tokens
  • Reward level:

(1) If the user is not a member of the Affiliate Program — 30% APY

Important: For more information on joining the Affiliate Program, see the instructions at the link

(2) If the user is a member of the Affiliate Program — 60% APY

  • Receiving Rewards: every second without vesting, meaning you can withdraw them any time

2. NBU Hard Staking (180 days) — 40% APY

  • Minimum Staking deposit: no limitations
  • Minimum Staking period: 180 days
  • Deposit withdrawal: the next day after the Minimum Staking period finishes or any time later
  • Reward received in: NBU tokens
  • Reward level:

(1) If the user is not a member of the Affiliate Program — 40% APY

Important: For more information on joining the Affiliate Program, see the instructions at the link

(2) If the user is a member of the Affiliate Program — 80% APY

  • Receiving Rewards: every second without vesting, meaning you can withdraw them any time

3. GNBU Hard Staking (90 days) — 14% APY

  • Minimum Staking deposit: 250 USDT worth of NBU
  • Minimum Staking period: 90 days
  • Deposit withdrawal: the next day after the Minimum Staking period finishes or any time later
  • Reward received in: NBU tokens
  • Reward level:

(1) If the user is not a member of the Affiliate Program — 14% APY

Important: For more information on joining the Affiliate Program, see the instructions at the link

(2) If the user is a member of the Affiliate Program — 28% APY

  • Receiving Rewards: every second without vesting, meaning you can withdraw them any time

4. GNBU Hard Staking (180 days) — 18% APY

  • Minimum Staking deposit: 250 USDT worth of NBU
  • Minimum Staking period: 180 days
  • Deposit withdrawal: the next day after the Minimum Staking period finishes or any time later
  • Reward received in: NBU tokens
  • Reward level: 18% APY
    (1) If the user is not a member of the Affiliate Program — 18% APY

Important: For more information on joining the Affiliate Program, see the instructions at the link

(2) If the user is a member of the Affiliate Program — 36% APY

  • Receiving Rewards: every second without vesting, meaning you can withdraw them any time

Important: If you want to get higher APYs for Staking NBU, we recommend joining the Affiliate Program (more information at the link)

Important Notice About GNBU Staking

Important! GNBU provides the holder with a number of special advantages — the right to receive a share of the platform’s revenues, participate in voting, create proposals for voting, and delegate your votes to other users (more info here). However, when GNBU tokens get staked, they are placed on a separate smart contract, and this temporarily prevents the implementation of the holder’s rights that derive from those particular GNBU tokens.

How to Get Started with Staking?

In order to add tokens to Staking, you need to go to the “Staking” section of the Platform (Figure 1).

This section will only be available if the user connected a wallet to the Platform.

You can connect the wallet by clicking on the Connect to a wallet button in the upper right corner of the platform interface (Figure 1). In this document, the MetaMask wallet will be used as an example.

You can check the amount of free NBU in the “Available for transfer:” line in the “Your balance” section (Figure 2). To get to this section, you need to click on the NBU button in the upper right corner of the Platform interface (Figure 1).

Once your wallet is connected and you have free tokens on it, all buttons in the window of this section will become active (Figure 3).

Figure 1

After connecting the wallet, all offers will become available. Select the appropriate Staking option and click on the Swap & Approve or Approve button (Figure 2–3).

The Swap & Approve button appears if there are no suitable tokens on the wallet.

Figure 2
Figure 3

1. How to Add Tokens to Staking (Soft & Hard)?

In this section, we will consider the GNBU Soft Staking option — 10% APY.

There are two options:

  • The user does not have the required token on the wallet (in this example, it is a GNBU token);
  • The user has the required token on the wallet.

Consider the option when the token is not on the wallet.

In the selected option, click on the Swap & Approve button (Figure 4).

Figure 4

A new Swap machine window will open (more information: https://nimbusplatform.medium.com/nimbus-swap-guide-310c5b01ef8f). It is necessary to indicate the token with which the GNBU token will be acquired, as well as its quantity (Figure 5). Next, you need to confirm the action through MetaMask using the Confirm button (Figure 6–7).

Figure 5
Figure 6
Figure 7

Now, we will consider the second option, when the wallet has the necessary tokens (Figure 8).

Figure 8

To add tokens to the offer, click on the Approve button.

Note that at this step, the smart contract is provided with access to tokens to make interaction with the Staking functionality possible. Users have to pay a gas fee for this action (just like for any other interaction with the blockchain), but the good news is that access needs to be granted only once for each type of Staking — therefore, gas has to be paid only once.

Important! We recommend using the Nimbus platform on the Binance Smart Chain (BSC) as the gas fees are much lower there. Switching to BSC is very simple — read about it in our guide.

Next, the Add button will appear (Figure 9). By clicking on it, it will become possible to add tokens to one of the Staking options (in this example — GNBU Soft Staking — APY 10%; Figure 10).

Figure 9

Then, enter the required number of tokens (Stake window) and click on the Add button.

Figure 10

The window also shows information about the number of free tokens (Available Balance) that are available for adding to Staking, as well as the Staking Reward Rate, which shows the amount of NBU that will be accrued per week as a Reward on top of the staked tokens.

Then, this action needs to be confirmed in MetaMask (Figure 11).

Figure 11

After adding the tokens to Staking, you can see that the total GNBU balance that is displayed in the “Total Balance:” line of the “Your balance” section (Figure 12) has decreased by the same amount (to get to Your balance, you need to click on the GNBU button in the upper right corner of the platform interface). The reason is that the tokens were involved in Staking and, consequently, transferred from the wallet to the Staking smart contract.

Figure 12

2.1. How to Write off Soft Staking Rewards?

First, you need to click on the Manage button, which will appear instead of the Add button once the tokens are added to Staking (Figure 17).

Figure 13

The window will open, and detailed information about the selected type of Staking and available options will appear (Figure 14).

Figure 14

To receive the Rewards in your connected wallet, you need to click on the Claim button.

Then, this action needs to be confirmed in MetaMask (Figure 15).

Figure 15

The Rewards transferred to the wallet will be shown in the “Your balance” section (Figure 16) in the “Available for transfer:” line (you can get there by clicking on the NBU button in the upper right corner of the platform interface), and you can use them right away!

Figure 16

2.2. How to Put Additional Tokens to Soft Staking?

First, you need to click on the Manage button, which will appear instead of the Add button after adding tokens to Staking (Figure 8).

Figure 17

To put additional tokens at Staking, you need to click on the Add button in the Total Staked Balance window (Total Staked Balance shows the amount of tokens that the user has already added to Staking; Figure 17). Once new tokens are added to Staking, Rewards will begin to accrue based on the renewed amount.

2.3. How to Withdraw Tokens from Soft Staking?

First, you need to click on the Manage button, which will appear instead of the Add button after adding tokens to Staking (Figure 17).

To withdraw your tokens from Staking, you need to click on the Withdraw button and then confirm this action in MetaMask. A new window will open (Figure 18), which displays the number of tokens that the user added to the offer and the number of tokens that the user has accumulated during the use of the Staking functionality. Then, confirm the action on the Platform (Withdraw & Claim button), and then in MetaMask (Confirm button). In this case, the balance in the Total Staked Balance window will be reset to zero, and Rewards will no longer be accrued.

Figure 18

Important! Do not withdraw tokens from Staking if you still have pending Rewards.

If you withdraw tokens from Staking BEFORE the Rewards that were accumulated in the “Accumulated Rewards” section are written off, then these Rewards will be reset to zero and you will no longer be able to receive them.

Therefore, it is very important to write off Rewards FIRST and ONLY THEN withdraw tokens from Staking.

All the above-mentioned actions for adding and withdrawing tokens, as well as writing off Rewards, are the same when working with NBU in NBU Soft Staking — 10% APY.

3.1. How to Write off Hard Staking Rewards?

The process for writing off Rewards in Hard Staking is similar to the process for writing off Rewards in Soft Staking (see the section “How to write off Rewards received in Soft Staking”).

3.2. How to Put Additional Tokens to Hard Staking?

The process for adding additional tokens to Hard Staking is similar to the process of adding additional tokens to Soft Staking (see the section “How to put additional assets to Soft Staking”).

3.3. How to Withdraw Tokens from Hard Staking?

Withdrawing tokens from Hard Staking is possible only after the end of the minimum Staking period. As soon as the term expires (tokens from the Total Staked Balance window go to the Available Balance window; Figure 19), click on the Withdraw button.

Figure 19

A new window will open (Figure 20), which displays the number of tokens that the user added to the offer and the number of tokens that the user has accumulated during the use of the Staking functionality. Then, confirm the action on the Platform (Withdraw & Claim button), and then in MetaMask (Confirm button). In this case, the balance in all windows will be reset, and the Rewards will no longer be accrued.

Figure 20

Available Balance shows the number of tokens that can already be withdrawn from Staking (these are the tokens whose Minimum Staking period has already expired), as well as information regarding the time of withdrawal of the remaining tokens (those that were placed in Staking later).

Important! Do not withdraw tokens from Staking if you still have pending Rewards.

If you withdraw tokens from Staking BEFORE the Rewards that were accumulated in the “Accumulated Rewards” section are written off, then these Rewards will be reset to zero and you will no longer be able to receive them.

Therefore, it is very important to write off Rewards FIRST and ONLY THEN withdraw tokens from Staking.

3.4. How to See when you Can Withdraw Tokens from Hard Staking?

In Hard Staking, there is an opportunity to view the “unfreezing” plan for the staked tokens. To see the plan, you need to click on the Show unlock plan button (to the left of the Manage button — Figure 19).

Then, a new window with the following information will open (Figure 21):

  • In the heading — type of Staking
  • In the left column — number of added tokens
  • In the right column — the “unfreeze” time for each particular added amount of tokens
Figure 21

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