Vaulta Foundation CEO Yves La Rose announced his resignation

On November 12th, the CEO of Vaulta Foundation, Yves La Rose, announced his resignation on October 29th, and has officially launched the on-chain governance mechanism to elect new representatives. La Rose said that this is a manifestation of network resilience, rather than operational interruption, and the foundation's various operations will continue normally during the transition period. He admitted that all expected goals, including market performance, were not achieved under his leadership, but remained optimistic about Vaulta's future and promised to work with block producers to ensure a smooth handover.