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The total token amount and exchange ratio information after renaming to Vaulta and transitioning to Web3 banking business: #EOS
The total supply cap of the new Vaulta token will be adjusted to 2.1 billion. This adjustment is based on the tokenomics reform plan launched by the EOS Foundation in 2024, aimed at strengthening deflationary expectations by reducing the token supply.
Token swap ratio: The original EOS tokens will be exchanged for new Vaulta tokens at a ratio of 1:1. This means that each EOS token can be exchanged for one Vaulta token.
Replacement time: The token swap plan is expected to be implemented by the end of May 2025, but the specific date is subject to confirmation by community voting.
Other relevant information technology foundation: Vaulta will be built on the upgraded EOSIO software and will support the cross-chain protocol "exSat" to enhance compatibility and transaction speed.
Market expectations: The recent transformation and token swap plan have sparked optimistic expectations for Vaulta's future development, with the price of EOS tokens experiencing a significant rise following the announcement of the transformation.