ERC-4626: Tokenized Vaults
- Original title
- Tokenized Vaults
- Creators
- Joey Santoro, t11s, Jet Jadeja, Alberto Cuesta Cañada, Señor Doggo
- Publication
- Publication date unknown
- Level
- Unspecified
- Validity
- Validity not assessed
- Source status
- Availability not verified
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Why read
- Helps keep asset quantities, share quantities and approval semantics distinct.(editorial selection)
Editorial reading note
The checked portions are Abstract; Specification in the pinned version. The original title is Tokenized Vaults.
The specification defines deposit, withdrawal and balance interfaces for a vault with one underlying ERC20 asset and represents shares as ERC20 tokens. Shares and underlying assets are different quantities. Vaults may implement ERC2612 for share approvals; non-transferable vaults may revert transfer or transferFrom. Compare asset and share units before examining transfer restrictions. The interface provides no yield guarantee.
Reading level: spec_text; only the sections above were checked. Pinned version: 90b1b4f10634290c1e227d700554065c755f0816 (https://github.com/ethereum/ERCs/blob/90b1b4f10634290c1e227d700554065c755f0816/ERCS/erc-4626.md). These notes explain normative requirements; they are not a full reading, implementation verification or security audit and do not establish implementation compliance.
Editorial review: Nov 2, 2026 · Machine-assisted editorial text, reviewed by an editor.
Selection basis
Helps keep asset quantities, share quantities and approval semantics distinct.
Editorial selection is not community consensus, author endorsement, or a credibility probability.