$EOS
EOS transformation begins, can it be reborn?
The once glorious EOS is officially reshuffling, now renamed Vaulta, and transitioning to Web3 banking services, specifically focusing on the 'four pillars': wealth management, consumer payments, portfolio management, and insurance. The new code name has only one letter: 'A'. Simple and powerful, it directly aims for the position of 'leading letter currency'!
From once being the 'Ethereum killer' public chain to now positioning itself as the Web3 bank Vaulta, can EOS, which has hurt countless people, successfully transform this time?
The main empowerment planned for the Vaulta token is as follows: 17% dynamic annual yield. The new Vaulta token will not change the original EOS token economics; there will still be 250 million tokens for the staking reward program upon Vaulta's launch, but the expected dynamic annual yield will be raised to 17%.
Institutional-grade DeFi yield strategies Vaulta has partnered with licensed custodial institution Ceffu to help Vaulta token holders achieve complex institutional-grade yield strategies without giving up custody. Vaulta token holders can earn yields by custodially managing BTC, ETH, USDT, USDC, Vaulta, etc., through quantitative strategies.
Integrating RWA Vaulta plans to establish strategic partnerships with tokenization platforms to provide Vaulta token holders with exclusive RWA investment opportunities, including fractional ownership in traditional illiquid markets such as real estate, commodities, and stocks.
The reason why EOS has been rejected by retail investors is that 'promotion is greater than reality.' If this transformation is the same, then it will ultimately be just a fleeting moment. When 'EOS hitting $100 after three waves' is occasionally taken as a joke in the community, people will recall this '4 billion dollar air coin.'
This strategic shift of the brand to Vaulta, with the business transforming from a high-performance public chain to a Web3 banking operating system serving institutions and investors, truly signifies a 'blood transfusion,' which also means that EOS, once the largest 'Ethereum killer,' is finally bidding farewell.
Yves La Rose, CEO of the EOS Network Foundation, founder and CEO of Vaulta, also stated that EOS is the beginning, and Vaulta is the future.