NMR 2.0 is now live!

Contract upgrades to Numeraire have just been deployed, reducing the maximum supply to 11 million. NMR can no longer be minted — only burned.

What we’ve done:

Where we’ll be when Erasure launches:

The Numeraire token was created two years ago during the early days of development on Ethereum. There was a lot of risk. We opted for a token that would give the highest level of security to our users by implementing features like upgradeability, emergency stop, multisignature, and custody.

The cost was that, until now, users of the token had to trust Numerai.

The token was originally stoppable in the event of an emergency.
This is a centralized feature and thus has been disabled in this upgrade.

All 11 million of the tokens have now been minted. There will never again be minting of the token and the total supply will decrease as tokens are burned.

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