EthereumAdvanced

ERC-4626

An Ethereum standard for tokenized vaults that manage an ERC-20 asset and issue vault shares.

PLAIN-ENGLISH DEFINITION

In more detail

ERC-4626 gives wallets and apps a common way to request deposits, withdrawals and asset-to-share conversions. They can use one interface instead of adapting to every vault from scratch. The standard describes these interactions; it does not choose the vault's strategy or establish its security.

IN THE WILD

How you might use it

Your app asks the vault to preview the deposit: how many shares should these assets produce through its ERC-4626 interface?

WORD NOTES
Written out
Ethereum Request for Comments 4626
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By Crypto Dictionary · Published · Updated

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