NUMERAIRE NMR (Cryptocurrency) Color Changing Mug 11oz

Numeraire NMR (Cryptocurrency) Numeraire NMR is a decentralized digital currency that aims to provide stable value and serve as a medium of exchange in the cryptocurrency market. It is built on the Ethereum blockchain and utilizes a basket of fiat currencies for collateral, seeking to minimize price volatility. The project's name, Numeraire, comes from the French term for "number" or "quantity," symbolizing its role as a stable digital asset. NMR tokens represent a claim on the underlying fiat reserves and can be redeemed at any time. The platform also incorporates an automated rebalancing mechanism to maintain the basket's composition over time, ensuring stability in the long run. Numeraire aims to address one of the key challenges facing cryptocurrencies by offering a more stable digital asset for transactions and store-of-value purposes.