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Easily convert NMR to PENDLE with ConvertOnline's efficient tool.
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.
Pendle (PENDLE) is a decentralized finance (DeFi) protocol that enables users to tokenize their yield-generating assets. By separating the ownership of an asset from its yield, Pendle allows users to trade, leverage, and manage their yield in a more flexible manner.