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CryptoDeus Gems šŸ’ŽšŸ¦ CryptoDeus Gems šŸ’ŽšŸ¦ @cryptodeusgems Ā· 11.7K subscribers
Post #9470 2.46K
CryptoDeus Gems šŸ’ŽšŸ¦ Aped a bag $VERONA šŸ”„ Verona - The yield layer for tokenized equities Most people look at a stock and only ask: ā€œWill the price go up?ā€ But stocks have another source of value that almost no one separates: dividends. That’s where Verona comes in. …
sold this. Something smells off.
https://verona.cash/markets didn’t return usable content when opened. The page looks more like a landing/UI than a verifiable on-chain market.
An on-chain user, @0xGazet, claims the PT/YT product doesn’t actually exist: no visible split contracts, some ā€œmarketā€ addresses appear to be JS-generated hashes, and prices/TVL look simulated. That’s a serious accusation.

I couldn’t confirm it 100% because the markets page doesn’t load properly, but it does fit the current picture: the meme token is moving, while the RWA product itself doesn’t look live.

Another user asked about burns: supply is still 1B and the burn addresses hold 0. The team talks about automatic buybacks and burns, but that still hasn’t been proven with a public tx hash.

The $NVDA ā€œstatsā€ posted by the team ($28.4k volume, $24.7k liquidity, $2.3k fees) are self-reported. I couldn’t find an independent explorer or PT/YT market contract that backs them up.
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