Launched in November 2022, ONS Silver Token (ONSS) is an asset-backed token redeemable 1:1 for 1 ounce of silver. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by silver on the blockchain at a 1:1 ratio and is indexed to the price of ounces of silver. For each ONSS created, an equivalent amount of physical ounces of silver is held as collateral in the company's reserves.
ONSS provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of geographical boundaries. Unlike silver transaction limits in the market, there are no minimum transaction limits for ONSS transactions.
ONSS transactions are executed instantly and any amount of ONSS tokens can be converted to fiat currencies, ensuring quick and efficient transactions.
ONSS is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process.
As the demand for ONSS tokens increases, the Token Teknoloji Anonim Şirketi will add the equivalent amount of physical ounces of silver to its reserves for each ONSS token upon the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between ounces of silver and ONSS is maintained whilst keeping the market in balance between supply and demand.
And a coin burn function is built into the blockchain's smart contract to remove a pre-determined amount of ONSS tokens from circulation when needed, ensuring a balance between ONSS and the ounce of silver. Thanks to this mint-and-burn mechanism, the price of ONSS is always in equilibrium with the price of the physical ounce of silver.
Where is Token Teknoloji A.Ş. ONS Silver available for purchase?
You can exchange ONSS tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Token Teknoloji A.Ş. ONS Silver is Bitlo, notably the ONSS/USDT pair, which saw a trading volume of $ 9,973.47 in the past day.
What is the highest value Token Teknoloji A.Ş. ONS Silver (ONSS) has ever reached?
Token Teknoloji A.Ş. ONS Silver (ONSS) reached its peak price at 42.31 $ on 25 July 2025, approximately 24 days ago ago. Presently, the current price is -9.57% lower than this all-time high.
What is the historical minimum price for Token Teknoloji A.Ş. ONS Silver (ONSS)?
The minimum price reached for Token Teknoloji A.Ş. ONS Silver (ONSS) was 18.21 $, documented on 25 June 2024, more than a year ago. In comparison, the current price is 110.1%, it above this historical low.
What is the fully diluted valuation of Token Teknoloji A.Ş. ONS Silver (ONSS)?
The fully diluted valuation (FDV) of Token Teknoloji A.Ş. ONS Silver (ONSS) stands at $ 185.41. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ONSS tokens. The realization of this FDV might take several years depending on the emission schedule of ONSS tokens.