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    VeraOne

    VRO

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    05.010
    Risk Level:
    High
    Recommendation:Speculative position only
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    VeraOne (VRO) Overall Evaluation

    VRO is a 1:1 silver-backed ERC-20 token that delivers real-world commodity exposure on Ethereum. Quarterly independent audits reconcile on-chain supply with physical silver reserves, offering transparent collateralization. However, the smart contracts lack a formal blockchain audit, and there is no public code repository or CI/test suite.

    Strengths

    • Physical reserve audits every quarter
    • Fully collateralized supply model (mint on deposit, burn on redemption)
    • Moderate community engagement with low shilling and steady sentiment

    Weaknesses & Risks

    • Minimal on-chain development activity and no open-source repo
    • Centralized mint/redemption authority and custodial single‐points-of-failure
    • No on-chain governance or professional smart-contract audit report
    • Niche market position behind established gold tokens, limited liquidity

    Conclusion: VRO offers a stable silver-backed store of value but carries significant counterparty, centralization, and code-audit risks. It remains more of a niche, commodity-peg play than a decentralized DeFi native.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    02.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    06.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    06.010

    Team & Governance

    Team background and project governance

    RiskReturn
    03.010

    Security & Audits

    Security history and audit status

    RiskReturn
    07.010

    About VeraOne (VRO)

    VeraOne (VRO)

    Symbol: VRO

    Overview

    VeraOne (VRO) is a silver-backed digital asset issued on the Ethereum blockchain. Each VRO token represents one gram of physical silver securely stored in audited vaults. By combining the stability of precious metals with on-chain transparency, VeraOne provides a bridge between traditional commodities and decentralized finance.

    Key Features

    • Silver-Backed Reserve: Every VRO token is fully collateralized by one gram of 99.99% fine silver held in independent, audited vaults.
    • On-Chain Transparency: Holdings and issuance records are verifiable on the Ethereum blockchain, ensuring auditability and trust.
    • ERC-20 Standard: Compatible with popular wallets, decentralized exchanges, and smart contract platforms.
    • Low-Cost Transfers: Peer-to-peer transfers of silver ownership incur only standard Ethereum network fees.
    • Global Accessibility: 24/7 settlement without geographic restrictions.

    Technical Specifications

    | Attribute | Details | |---------------------|---------------------------------| | Token Name | VeraOne | | Symbol | VRO | | Blockchain | Ethereum (ERC-20) | | Collateral | 1 gram of 99.99% fine silver | | Audit Frequency | Quarterly independent audits |

    Use Cases

    • Digital Store of Value: Preserve wealth with a stable, metal-backed token.
    • DeFi Integration: Use VRO as collateral in decentralized applications.
    • Cross-Border Transfers: Settle value globally without traditional banking rails.

    VeraOne (VRO) is a non-security digital token representing ownership of physical silver. Always conduct your own due diligence before interacting with blockchain assets.

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