Executive Overview

VETRA (VTR) is an institutional stablecoin backed 1:1 by U.S. dollars and deployed on the Polygon network. For each mint, the contract guarantees that total supply does not exceed the value of reserves. Reserves are updated via Chainlink Functions and recorded on-chain with an eight-decimal USD value, a timestamp, and a security identifier. The backing is provided by FT Asset Management KB, headquartered in Stockholm, Sweden, with an initial commitment of USD 100,000,000.00 dedicated to the currency's liquidity, credibility, and stability. As of June 2026, the protocol is over-collateralized at 333% (USD $100M reserves against 30M VTR supply), providing a significant safety buffer. Key Metrics (June 2026): - Total Supply: 30,000,000 VTR - Reserves in Custody: $100,000,000 USD - Collateralization Ratio: 333% - Market Price: ~$0.20 - Blockchain: Polygon Mainnet (Chain ID 137) - Smart Contract: UUPS Proxy - Reserve Custodian: FT Asset Management KB (Sweden) - Max Wallet: 3,000 VTR (anti-whale, whitelist exceptions) - Transfer Tax: 0%