#vaulta $EOS Judging from various characteristics, exSat seems to have become another independent public chain that has grown from EOS, but it still uses the RAM and block space of EOS.

The Vaulta token will be launched, the token will be weakened and RAM will be more scarce

In terms of tokenomics, Vaulta will also swap EOS tokens for Vaulta tokens. But it is clear that the new Vaulta token will be significantly weakened in terms of governance functions. Just as this rebranding proposal was not launched by voting on a proposal, but by being released directly by the EOS Foundation. The governance of the EOS network seems to have died in name only.

According to the announcement, "Vaulta token holders stake tokens and earn rewards, actively participate in governance, and vote for block producers who are responsible for managing the network's consensus and security." With the development of Vaulta, token holders of all sizes can participate in discussions and proposals", in this description, it can be seen that the main benefit of token holders is that they can stake rewards, and regarding governance, it seems that only voting for the block leader, which is the consensus mechanism design of DPOS, and does not belong to the category of governance. As for when token holders will be able to participate in substantive governance, the right to interpret is still in the hands of the foundation.

However, judging from the current EOS token price and TVL, it seems that this block reward only satisfies the normal operation of the infrastructure, and it seems that no one is actively promoting the expansion of the EOS ecosystem, but only doing a good job of infrastructure work for exSat. In addition, it was proposed in this announcement that EOS tokens could be exchanged for Vaulta tokens 1:1, but it was not stated whether Vaulta tokens would be issued on top of EOS's current issuance.

And with this brand upgrade, the importance of RAM seems to be more scarce than EOS tokens. "As Vaulta expands its role in decentralized finance and Web3 banking, #writetoearn