EOS crypto is rebranding to Vaulta without a hard fork, aiming to become a Web3 bank bridging DeFi with TradFi.
Despite initially raising $4 billion during its ICO and being labelled the 'Ethereum killer,' EOS faced challenges like unfulfilled promises and misuse of funds.
Now, transitioning to Vaulta, EOS is focusing on offering wealth management, consumer payments, and portfolio investment opportunities.
Token holders need to convert EOS to A at a 1:1 ratio, with those staking A receiving a 13.8% yield. Some traders predict EOS could rally to $1.6 in the near future.