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Starknet Ecosystem

Nimbora: Earn Yield With Restaking And Liquid Staking

Learn how you can earn yield thanks to advanced DeFi strategies on Nimbora.

Braavos team
| 14.06.2024
Nimbora: Earn Yield With Restaking And Liquid Staking

Nimbora is a Starknet-basedĀ omnichain 1-click yield strategy platform that enables users to engage with Layer 1 protocols at a fraction of the cost. Nimbora is here to bring the future of gasless, scalable, and inclusive cross-chain DeFi to Starknet!

Braavos users can put to use their $DAI and $ETH assets in earn strategies that are currently live on Nimbora. Every two weeks Nimbora will release a new strategy with the best APR on Starknet and other additional perks for their users. You can follow up with the latest news on Nimbora X (Twitter) and their Discord channel.

Earn Yield With Liquid Staking And Restaking On Nimbora:

As an example, you can earn yield on your ETH and farm points with 3 protocols: 1x Nimbora, 3x EtherFi, 1x EigenLayer with npeETH strategy.

Nimbora Tutorial on Braavos 1

And yes, these are the correct numbers šŸ˜Š This is theĀ current APR on NimboraĀ and you should use the opportunity to earn! Entries are capped and they will increase them occasionally.

  • Pendle is a protocolĀ initially deployed on Ethereum that provides a market for the yields of supported yield-bearingĀ tokens*.
  • Etherfi is a decentralized liquid staking protocol built on the Ethereum blockchain. It allows users to stake their Ethereum (ETH) while retaining control over their private keys.*
  • npeETH is the Nimbora yield token representing the L1 strategy yield-bearing token, increasing in value at each epoch. Once minted, it can be used in DeFi through the Starknet ecosystem.

Nimbora is currently INVITE-ONLY, and we’re thrilled to offer our users this exclusive opportunity. Join Nimbora through Braavos and get a 20% boost on your points! Nimbora is featured in the dApp Gallery on Braavos too! šŸ–¼

Nimbora in Braavos dApp Gallery

How Braavos Users Can Earn High Yield on Starknet: Short GuidešŸ‘‡

Here is another strategy enabling you to earn yield on your DAI, farm Nimbora points, without the risk of impermanent loss.

Hereā€™s how Braavos users can earn the best yield on StarknetšŸ‘‡

Nimbora Tutorial on Braavos 2

Click on https://app.nimbora.io/referral/?ref=zJ5q5ztQ and connect your Braavos wallet.

Enter the amount of asset you want to deposit. Alternatively, click on the small buttons below the box to set a desired percentage of your balance for deposit. For this example, we will use $DAI.

Nimbora Tutorial on Braavos 3

When youā€™ve selected the token amount to deposit, click ā€œDepositā€ and follow the prompts on your wallet to complete the transaction.

Nimbora Tutorial on Braavos 4

Once the transaction has been accepted on the network, a popup will appear at the bottom left of the screen.

And thatā€™s it! You should be able to see your balance of Nimbora yield tokens in the portfolio section or directly in your Braavos wallet.

How To Request A Withdrawal

Withdrawals are not as quick as deposits. They take an average of one day to process. A fast withdrawal option will be available on Nimbora in the next development stage.

Nimbora Tutorial on Braavos 6

For a mini guide on how to request a withdrawal, visitĀ this page.

For more information about Nimbora you can:

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