# System Accounts

**System accounts** are special accounts on the Vaulta blockchain that help run the core functions of the network. They’re like the **invisible infrastructure** behind the scenes — powering things like resource management, governance, token transfers, and account creation.

These accounts are created and managed by the network itself and are essential for keeping everything running smoothly. You can find out more about the Vaulta system accounts below.

| Account      | Has contract | Description                                                                                                         |
| ------------ | ------------ | ------------------------------------------------------------------------------------------------------------------- |
| eosio        | Yes          | Creates all other system accounts (main system account).                                                            |
| eosio.msig   | Yes          | Facilitates the signing of a multi-sig transaction proposal.                                                        |
| eosio.wrap   | Yes          | Simplifies block producer superuser actions, increasing readability and auditability.                               |
| eosio.token  | Yes          | Allows users to create, issue, and manage tokens.                                                                   |
| eosio.names  | No           | Holds funds from namespace auctions.                                                                                |
| eosio.bpay   | No           | Pays the block producers for producing blocks.                                                                      |
| eosio.prods  | No           | Represents the union of all current active block producers permissions.                                             |
| eosio.ram    | No           | Keeps track of the SYS balances based on users actions of buying or selling RAM.                                    |
| eosio.ramfee | No           | <p>Keeps track of the fees collected from users RAM trading actions </p><p>(0.5% from the value of each trade.)</p> |
| eosio.saving | No           | Holds a certain percentage of network inflation.                                                                    |
| eosio.stake  | No           | Holds staked tokens.                                                                                                |
| eosio.vpay   | No           | Pays the block producers accordingly with the votes won.                                                            |
| eosio.rex    | No           | Keeps track of fees and balances resulted from REX related actions execution.                                       |
| eosio.evm    | Yes          | EOS EVM Contract account.                                                                                           |