Description

The Wrap machine is a software product that can be used for transferring NBU (utility token of the Nimbus platform) and GNBU (governance token of the Nimbus platform) tokens from the Ethereum Mainnet to the Binance Smart Chain and vice versa. The network charges gas fees for this action:

  • Confirmation gas fee required by the wallet and calculated either in ETH or in BNB, depending on the standard of the token that the user wants to convert;
  • Permission gas fee required by wallet for the permission to use tokens and calculated either in ETH or in BNB, depending on the standard of the token that the user wants to convert (needs to be paid only once when using the Wrap machine for the first time).

Interface Content

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Transferring Tokens from One Network to Another

Let’s take a closer look at the Wrap window (Figure 5).

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DAO-governed platform that offers 16 earning strategies for users boosted by multiple layers of risk-management. https://link.nimbusplatform.io/medium