Nimbora: Earn Yield With Restaking And Liquid Staking

Learn how you can earn yield thanks to advanced DeFi strategies on Nimbora.
Starknet Ecosystem
• Jun 14, 2024
3 min read
Nimbora: Earn Yield With Restaking And Liquid Staking

Nimbora is a Starknet-based 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 😊 This is the current APR on Nimbora and you should use the opportunity to earn! Entries are capped and they will increase them occasionally.

  • Pendle is a protocol initially deployed on Ethereum that provides a market for the yields of supported yield-bearing 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! 🖼

Nimbora in Braavos dApp Gallery

How Braavos Users Can Earn High Yield on Starknet: Short Guide👇

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

Here’s how Braavos users can earn the best yield on Starknet👇

Nimbora Tutorial on Braavos 2

Click on 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 you’ve selected the token amount to deposit, click “Deposit” 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 that’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, visit this page.

For more information about Nimbora you can:

Braavos on Starknet

Braavos on Starknet

Be The First To Know

Subscribe now and receive monthly updates and interesting news about Braavos and Starknet ecosystem.