Ukcrypt⭕

Good afternoon $VRA fam I always prefer to stick to the facts, and that's exactly what I’ll do in today’s post. There’s no reason to be concerned about Verasity’s circulating supply. To clarify, Proof-of-View (PoV) marker tokens, which are used internally for ad tracking, are minted on the same Ethereum contract as VRA tokens. Verasity’s official documentation explains that these PoV tokens “exert pressure on Verasity’s supply” and have appeared in the circulating and total supply figures on data sites, leading to some confusion. In response to this issue, the Verasity team has announced plans to migrate PoV tokens off-chain. According to their statement: “PoV tokens will be on a separate contract to VRA, and their supply [will be] no longer counted in VRA’s total supply.” When this PoV migration is complete, Verasity has stated that the circulating, total, and maximum supply of VRA will all align with the approximately 9,624,357,318 billion VRA currently in circulation. Interestingly, no official announcement from Etherscan, such as a blog post or tweet, has addressed the recent supply figure change. It appears Etherscan has simply started displaying a much higher supply figure, likely due to the inclusion of both on-chain VRA and PoV tokens in their calculations. Although Verasity’s team has not directly commented on Etherscan’s updated supply figures, they have acknowledged that PoV tokens are indistinguishable from VRA tokens on-chain, which naturally inflates any raw supply count. The team will separate the PoV tokens and migrate them to the @trondao blockchain. This will resolve all the confusion. This clarification should help address any concerns and provide a clearer picture of the situation. The team will provide an update on the PoV migration soon. Before jumping to conclusions or posting negative tweets/comments on X or in the official Verasity Telegram channels, please take a moment to think logically and avoid making unwarranted assumptions. Verasity is making huge progress, announcing partnership after partnership and revealing seven new listings for $VRA just last week. This project is building something far greater than most can imagine. Trust the process. Wishing everyone a fantastic Sunday!