EOS is the native token of the EOSIO blockchain platform, developed by Block.one, aimed at providing efficient and scalable underlying support for decentralized applications (dApps). It employs a Delegated Proof of Stake (DPoS) consensus mechanism, achieving high throughput (theoretically millions of transactions per second) and low latency by electing 21 supernodes, while exempting users from transaction fees. EOS tokens are primarily used to pay for network resources (such as CPU, memory), participate in governance voting (token holders can elect block producers), and stake for rewards. In March 2025, EOS announced a transformation into a 'Web3 bank' and rebranded as Vaulta, planning to launch a new token to expand cross-chain financial services. Although once seen as a competitor to Ethereum, EOS faces challenges such as unmet technical implementation expectations and increasing market competition. Vaulta is a Web3 banking network that provides a new generation of financial products and services for individuals and institutions globally. Vaulta offers vault-like security, enables instant transactions, and integrates with the real world, marking a significant turning point in the development of digital banking. Whether you are transferring assets globally, earning yields, or building cutting-edge financial solutions, Vaulta provides secure, fast, and easily accessible tools for the financial ecosystem. #Vaulta
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