nimbora|Low-cost yield earning and borrowing infrastructure built on Starknet
Table of Contents

Project Details

nimbora is Starknet-based infrastructure that allows users to earn yield and borrow on Layer 1 protocols at low cost. Developed by the SpaceShard team, it leverages Starknet's ZK Rollup technology to provide cost-effective DeFi strategies while maintaining security.

Key Features

  • Gasless Experience: Enables depositing and borrowing funds on L1 DeFi protocols with low gas costs. Batch Processing Mechanism: Reduces gas costs by pooling transactions and executing multiple user actions together.
  • Utilizing Starknet: Improves transaction speed and cost efficiency, providing direct cost savings to users.
  • Comprehensive DeFi Access: Supports emerging Layer 2 solutions, enabling access to the Ethereum DeFi ecosystem.

nimbora aims to build a comprehensive and accessible DeFi ecosystem, allowing everyone to earn yield regardless of their asset size.

Airdrop Information Details

nimbora points are a point system designed to encourage and reward users for actively participating in the Nimbora ecosystem. These points measure user activity and contributions off-chain and provide rewards based on the level of participation.

Key Features of nimbora Points Incentives: Points are awarded for contributions to the nimbora ecosystem, such as providing liquidity and promoting adoption. Utility: Points can be used within Nimbora to access premium features and earn additional rewards.

Types of Points

  • Earn Points: Earned by depositing assets.
  • Borrow Points: Earned by borrowing LUSD against ETH collateral.
  • Referral Points: Earned based on the activity of referred users.
  • Rank Points: Earned based on leaderboard ranking for additional points.

Point Calculation Method

  • Earn Points: Calculated daily based on the USD equivalent of deposited assets.
  • Borrow Points: Calculated daily based on the USD equivalent of deposited ETH.
  • Referral Points: Earn a portion of boosted points based on referral relationships.
  • Rank Points: Earn additional points based on a boost rate determined by leaderboard ranking.

nimbora points aim to promote user activity and revitalize the entire ecosystem.

Airdrop Details Page

Airdrop Guide

Summary of Steps

  1. Access the nimbora points campaign page.
  2. Connect your wallet.
  3. Enter the referral code "5QRkuaBP" and sign in.
  4. Borrow LUSD against ETH.
  5. Deposit LUSD against ETH.
  6. Invite friends to earn referral rewards.

Detailed Steps with Images

  1. Access the nimbora points campaign page.

  2. Connect your wallet.

  3. Enter the referral code "5QRkuaBP" and sign in.

  4. Borrow LUSD against ETH.

  5. Deposit LUSD against ETH.

  6. Invite friends to earn referral rewards.

Disclaimer

  • This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
  • The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
  • We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.