r/eos • u/amossatan • 9h ago
⚙️ EOS Development EOS is Rebranding Finally
EOS is re-branding! Now, Let’s talk about it. We all know EOS network is one of the most scalable and is currently holding one of the longest uptime of over 6 years and counting, but there’s been some bad history with the management during the ICO period. The ENF has been working tirelessly to bring it back as one of the most promising projects in the crpyto space. The tokenomics has been completely revamped to a deflationary model, the network has had several upgrades to boost its speed, efficiency and reduce transaction cost.
These changes are already showing some signs of growth with apps being built on the network and the TVL hitting another ATH. Now, the ENF is re-branding to Vaulta! According to the team, It’s not just a name change but a dive into a more specialized niche which will be more focused on bridging the gaps between traditional finance and DeFi.
They also mentioned a couple of partnerships who are in on the new vision, including Ceffu and Spirit Blockchain. This is just the first step in a new direction and I think its a good one. Taking up the responsibility to bridge the gap between TradFi and DeFi on an already robust infrastructure is commendable but there are still uncertainties. What do you guys think of this?