#vaulta
Vaulta is a rebranded blockchain network that was previously known as EOS Network. It's shifting its focus to Web3 banking, offering modern financial services to users. The rebranding is part of a larger strategy to bridge mainstream finance with decentralized technologies, leveraging the scalability and speed of the network.
Key Features of Vaulta:
Wealth Management:
Earn yield on crypto assets through staking and automated trading, and borrow against projected yield
Consumer Payments:
Spend yield or borrow against crypto without triggering taxable events, with features like crypto-backed debit and credit solutions
Asset Tokenization:
Invest in on-chain versions of traditionally illiquid assets like real estate, gold, and carbon credits
- Insurance:
Access comprehensive insurance coverage for digital assets, mitigating risks like smart contract vulnerabilities and custodial risks
Token Swap:
EOS token holders can swap their tokens for Vaulta tokens in a 1:1 ratio, expected to go live in late May 2025. The token swap will be facilitated through a dedicated portal, and over 200 exchanges are being coordinated for the transition.
Partnerships:
Vaulta has partnered with industry leaders like Ceffu, Spirit Blockchain, and Blockchain Insurance Inc. to build its Web3 banking ecosystem. A banking advisory council, comprising experts from traditional finance and blockchain, will provide strategic guidance to ensure Vaulta's services meet global compliance standards