1 Uro is around $0.50, but 1 ton of urea is around $300 so 1 Uro is worth around 3lbs of urea, but not a whole ton or am I missing something here?
There is a protocol, signed by the 4 niers, in which they commit themselves to selling 1 MT urea for 1 urocoin (with a minimum of 12500 MT). So if you buy with them, then 1 uro is worth 1 MT urea. You can find more information in the OP and on
uro.io