Borrowing NMR for avoid currency change risk

Was just watching the Fireside Chat for Q1 2021 and Richard discusses borrowing NMR, here’s the timestamp:

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Check out this post to see how to get NMR without the price risk: How to break free of NMR price risk

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You might want to up-vote this proposal to AAVE ARC: Add support for NMR - New Asset - Aave It increases the chance of NMR getting accepted and be loan-able there.

Not to spam too much but I think this forum post is very relevant to this discussion: [Proposal] Provide NMR lending liquidity on Kashi - #10 by giulianociccone

Hello! Has there been any update on hedging NMR price risk since these posts from 2021? What would be the best practice nowadays?

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It was recently listed on this perp exchange https://lighter.xyz/, so that’s something. (That’s not a recommendation, I don’t know much about the place yet.)

Related, recent post: NMR price hedging: 2026 edition