👋 Hey Nimbus Community,

You may be wondering - Where are the Lend/Borrow dApps?🤔

The wait is over…🙌

The Lend and Borrow dApps were relaunched today, on May 2, 2022.

What’s new within the Lend/Borrow dApps?

General update:
✅ The APR bug has been fixed

For lenders:
✅ Lenders can now withdraw their previous NBU, GNBU, BNB and BUSD deposits
✅ Lenders can make fresh deposits to get rewards in BNB and BUSD tokens only

For borrowers:
✅ Borrowers can redeem previous NBU, GNBU, BNB and BUSD loans
✅ Borrowers can take out new loans in BNB and BUSD only

❗Note:
As you can see, NBU and GNBU deposits have been disabled from the dApps. As a part of the NBU and GNBU tokens' value stabilization/uptrend strategy, we wanted to prevent the additional unpredictive pressure that NBU and GNBU loans create on the existing system.

Although this appears to be relative only to the Borrow dApp in hindsight, it affects the Lend dApp as well, as both systems are interdepend on each other since they operate on the same liquidity pool.

More details will be released soon, so, stay tuned! 😉