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Easily convert DPI to NMR with ConvertOnline's efficient tool.
The DeFi Pulse Index (DPI) is a digital asset index designed to track the performance of decentralized finance (DeFi) assets in the Ethereum ecosystem. It allows investors to gain exposure to a diversified portfolio of DeFi tokens, making it easier to invest in the rapidly evolving DeFi sector without having to purchase each token individually.
Numeraire (NMR) is a cryptocurrency that serves as a utility token for Numerai, a hedge fund that utilizes machine learning and data science to make investment decisions. NMR functions as an incentive for data scientists to build and submit predictive models that contribute to the fund's trading strategies, rewarding those whose models perform well.