EOS is set to rebrand as Vaulta and will introduce a new token for its users, slated for launch in May 2025. Existing EOS holders can exchange their tokens on a 1:1 basis for the new asset.
Vaulta aims to bridge traditional finance with decentralized finance by incorporating Bitcoin and tokenized real-world assets. The project plans to enhance user experience by implementing yield strategies and blockchain-based insurance.
Currently, EOS has seen a rise of 15%, reaching a trading value of 0.5756 USD. However, it has experienced a significant decline, down 41.4% over the past year and remains 97.5% lower than its all-time high.
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