Tokenized vault
A contract that pools an asset and issues shares representing a claim on its managed holdings.
In more detail
Depositing into a vault typically gives you shares rather than a separate copy of every underlying asset. Their redemption value reflects the vault's holdings and accounting. ERC-4626 provides a common interface for many vaults, while strategy, fees and withdrawal rules come from the implementation.
How you might use it
"I deposited tokens, and my wallet now shows vault shares. Those shares represent my claim on the vault's holdings."
Got a way to make Tokenized vault click?
Add your takeBy Crypto Dictionary · Published · Updated
Go to the source
Use the original reference to explore the details behind this entry.
Read the referenceAn original explanation with a reference to follow. Protocol details and community usage can evolve. Sources & standards