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Easily convert LQTY to NMR with ConvertOnline's efficient tool.
Liquity (LQTY) is a decentralized borrowing protocol that allows users to obtain loans using Ethereum as collateral. It enables users to generate a stablecoin called LUSD, which is pegged to the US dollar, facilitating seamless liquidity without the need for intermediaries.
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.