ERC-4626: The Vault Standard Reshaping DeFi Capital Allocation

TLDR: ERC-4626 established a universal vault interface, eliminating the need for custom code in every DeFi integration. Share tokens issued by compliant vaults can serve as collateral, traded assets, or inputs into higher-order strategies. Two ERC-4626 vaults can share identical interfaces while carrying entirely different underlying risk profiles. Meta-vaults built on the standard can allocate [...]

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