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?
1 URO is worth exactly 1 metric tonne of agricultural prilled urea N46: a fertilizer consisting of white crystalline solids containing 46%
nitrogen.
1 metric tonne is approximately 2,204 lb
http://uro.io/UroProtocol.pdfSo who has actually traded in their Uro for their fertilizer? The reason the gold standard didn't work is because no one ever came and picked up their gold from the bank.