We’re listing $NMR as a collateral asset type on March 29th!

Fringe Finance
1 min readMar 27, 2023

--

Fringe community,

We are thrilled to announce the addition of $NMR to our platform!

Our Primary Lending Platform now accepts $NMR as a collateral type, giving you more options to utilize your digital assets. This means that users can now access stablecoin loans while holding onto their $NMR tokens, allowing them to optimize their capital and maintain their positions.

Numeraire ($NMR) is an ERC-20 token that serves as the backbone of Numerai, a hedge fund that leverages the collective intelligence of artificial intelligence algorithms to invest in various global stock markets.

About Fringe Finance

Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network. With a next-generation DeFi lending & borrowing ecosystem, Fringe aims to unlock the dormant capital from traditional financial markets and all-tier cryptocurrencies.

For more information on Fringe Finance, visit our website.

About Numerai

Numerai is a San Francisco-based hedge fund that utilizes artificial intelligence and crowdsourcing to invest in global stock markets. Founded in October 2015, Numerai leverages crypto incentives to create an institutional-grade market-neutral hedge fund.

For more information, please access their website.

--

--

Fringe Finance

Decentralized financial ecosystem unlocking the dormant capital from traditional financial markets and all-tier cryptocurrencies. #DeFi lending & borrowing.