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hieronx committed Nov 8, 2024
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Expand Up @@ -18,11 +18,9 @@ The ERC-4626 token is described fully in [EIP-4626](https://eips.ethereum.org/EI

**Asynchronous vault extension (ERC-7540)**

ERC-4626 is optimized for atomic deposits and redemptions up to a limit. If the limit is reached, no new deposits or redemptions can be submitted.
ERC-4626 is optimized for atomic deposits and redemptions up to a limit. If the limit is reached, no new deposits or redemptions can be submitted. This limitation does not work well for any smart contract system with asynchronous actions or delays as a prerequisite for interfacing with the Vault (e.g. real-world asset protocols, undercollateralized lending protocols, cross-chain lending protocols, liquid staking tokens, or insurance safety modules).

This limitation does not work well for any smart contract system with asynchronous actions or delays as a prerequisite for interfacing with the Vault (e.g. real-world asset protocols, undercollateralized lending protocols, cross-chain lending protocols, liquid staking tokens, or insurance safety modules).

ERC-7540 expands the utility of ERC-4626 Vaults for asynchronous use cases. The existing Vault interface (deposit/withdraw/mint/redeem) is fully utilized to claim asynchronous Requests.
ERC-7540 expands the utility of ERC-4626 Vaults for asynchronous use cases. The existing Vault interface (`deposit`/`withdraw`/`mint`/`redeem`) is fully utilized to claim asynchronous Requests.

The ERC-7540 extension is described fully in [ERC-7540](https://eips.ethereum.org/EIPS/eip-7540).

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