diff --git a/docs/built-on-ethereum/erc-token-standards/erc4626 b/docs/built-on-ethereum/erc-token-standards/erc4626 new file mode 100644 index 000000000..1a0500443 --- /dev/null +++ b/docs/built-on-ethereum/erc-token-standards/erc4626 @@ -0,0 +1,19 @@ +title: ERC4626 - EthHub + +description: ERC4626 is a tokenized vault standard designed to optimize the technical parameters of yield-bearing vaults. + +#ERC4626 + +##Summary +A tokenize standard for managing yeild bearing vaults process. This standard also allows Developers to create shared interfaces for the tokens in the vaulting process. +The ERC-4626 token standard is an interface that extends the existing ERC-20, hence the participating tokens must comply with ERC-20 token standard. the token also offers basic functionality such as reading balance, depositing, withdrawing. + +Motivation +The ERC-4626 standard was issued through the Ethereum Improvement Proposals and co-created by Joey Santoro. The ERC-4626 differ from ERC-721 in fungibility; While the former deals with fungible tokens, the latter deals with NFTs (Non-Fungible Tokens). +The ERC-4626 token vaults was developed to lower the integration effort and unlock access to yield in various applications. + + +## Resources + +* [Ethereum.org](https://ethereum.org/en/developers/docs/standards/tokens/) +* [Gate.io](https://www.gate.io/blog_detail/920/What-is-ERC-4626)