$EOS "I am listening to an Audio Live ""AMA with Vaulta"" on Binance Square, join me here: "
$EOS Vaulta Swap" describes the upcoming token exchange related to the EOS Network's change to Vaulta. On March 18, 2025, the EOS Network revealed its new name, Vaulta. This change is more than just a new title; it represents a strategic move towards "Web3 banking," which aims to connect decentralized finance (DeFi) with traditional banking methods.
As part of this rebranding, there will be a token exchange. Those who own EOS tokens will swap them for new Vaulta tokens.
The swap will happen at a rate of 1:1. This means if you have five EOS tokens, you'll get five Vaulta tokens in return. The total number of tokens you own will stay the same.
The token swap is expected to start at the end of May 2025 and will continue for four months. However, this schedule could change based on community votes and final confirmations.
To make the swap, users will likely use a special token swap portal. You'll need to connect your EOS-compatible wallet and follow the portal's instructions to make the exchange.
The new Vaulta token should keep EOS's current listings on about 140 exchanges, so there shouldn’t be major issues with liquidity. The new ticker symbol for Vaulta has not been revealed yet.
Your EOS coins will be traded for Vaulta coins, and the blockchain technology will be improved under the Vaulta name.
The reason for this change is that EOS has encountered difficulties since its launch. By rebranding to Vaulta, the network hopes to establish itself as a front-runner in Web3 banking, with a focus on wealth management, consumer payments, and investment tools. The name "Vaulta" is meant to suggest safety and trust in the financial world.#EOS/USDT