The Vaulta ecosystem, when combined with exSat, VirgoCX, and CefuGlobal, forms an integrated network to support Web3 banking and enhance access to digital assets, especially in the context of decentralized finance (DeFi) and blockchain. Below is how these components can operate together based on existing information and the operational logic of blockchain ecosystems:
1. **Vaulta - Core Platform**: #Vaulta
Vaulta, previously EOS, has pivoted to become a Web3 banking platform aiming to provide fast and efficient decentralized financial services. The Vaulta ecosystem is built on EOSIO software, facilitating high-speed transaction processing (1 second) and compatibility with the Ethereum Virtual Machine (EVM). Vaulta serves as the hub where staking, governance, and profit-generating investments occur, with the native token (after a 1:1 swap from EOS) used to participate in these activities, including staking with returns of up to 17% APY.
2. **exSat - Bridge to Bitcoin**:
exSat is a critical protocol within the Vaulta ecosystem, acting as a transport layer connecting Bitcoin to the Vaulta blockchain. This enables Vaulta to unlock liquidity from Bitcoin, the largest digital asset, by supporting smart contracts related to BTC. exSat not only enhances interoperability between blockchains but also serves as a gateway to the broader blockchain ecosystem, attracting large financial institutions (like BlackRock) and users looking to leverage Bitcoin in Web3 applications.
3. **VirgoCX - Exchange and Bridge to Traditional Finance**:
VirgoCX, a cryptocurrency exchange based in Canada, can serve as a connecting point between traditional finance and the Vaulta ecosystem. With the ability to provide cryptocurrency trading services using fiat and to trade tokens within the ecosystem, VirgoCX makes it easy for users to engage with Vaulta by converting assets from fiat to crypto or vice versa. This integration can increase liquidity and broaden Vaulta's user base, especially for investors interested in staking or profit-generating investment strategies.
4. **CefuGlobal - Asset Management and Security**:
CefuGlobal (formerly Binance Custody) is an institutional-grade digital asset custody solution that provides secure asset management and protection services. Within the Vaulta ecosystem, CefuGlobal can ensure the safe storage of users' tokens, especially when they participate in staking or invest assets in various strategies. The presence of CefuGlobal enhances the ecosystem's reliability, attracting institutional and individual investors concerned about security in Web3 banking.
### Overall Operation:
- **Asset Integration and Circulation**: Users can utilize VirgoCX to purchase Vaulta tokens with fiat, and then send these tokens to CefuGlobal for secure storage. From there, they can participate in staking on Vaulta or use exSat to leverage Bitcoin in decentralized finance applications.
- **Liquidity and Interaction**: exSat enhances liquidity by connecting Bitcoin with Vaulta, while VirgoCX ensures that cash flow from the traditional market enters the ecosystem. CefuGlobal protects assets, building trust for users participating in financial activities.
- **General Goal**: The ecosystem aims to provide a comprehensive platform for Web3 banking, where users can effectively manage, invest, and grow digital assets, supported by strategic partners such as exSat, VirgoCX, and CefuGlobal.
This article aims to inform about the project $EOS