The early success of Verona has allowed us to begin expanding into new markets. With liquidity continuing to grow we can now distribute depth across a wider set of tokenized equities and ETFs while keeping markets healthy and tradable. New assets are being added as demand grows with more markets and maturities to follow.
$NVDA activity on Verona so far.
- Trading volume: $28.4K
- Total liquidity: $24.7K
- PT volume: $15.9K
- YT volume: $12.5K
- Fees generated: $2.3K
All generated from a single tokenized equity market.
Buybacks and burns are now running automatically across Verona. Revenue generated through trading activity and protocol fees is used to buy verona:native directly from the market with a portion of those tokens permanently burned and the remainder redistributed back into the ecosystem.
@theovanbuuren yeah the current breakdown is 50% burned permanently and 30% redistributed back to verona:native holders with the remaining 20% going toward protocol owned liquidity and continued market growth
All fees accrued through the native verona:native token alongside fees generated from trading volume across the Verona app will be used to buy back verona:native from the open market. 80% of all tokens purchased through these buybacks will be [burned / redistributed / allocated to holders] with the remaining 20% used to support the continued growth of the protocol.
Trade price exposure and future dividends separately through Verona.
Tokenized equities no longer have to be one bundled position. Verona lets users split supported assets into PT and YT and trade each side independently onchain.
0x3d0ef79957d2f7114a7c5fc0ca9f13f19c342764
$Verona
The main Verona app will go live in the coming days with the first tokenized equity and ETF markets available from launch. Users will be able to split supported assets into PT and YT and trade price exposure and future dividends separately. Initial liquidity will be concentrated across a curated set of markets to keep depth strong from day one with more assets maturities and liquidity added as usage grows.
https://t.co/N55XjK25tW
Verona will offer 1:1 onramps with zero fees making it simple to move from fiat directly onchain and start accessing tokenized equity markets.
No deposit fees. No unnecessary friction.