- EIP-7540 will introduce asynchronous deposit and redemption flows on Ethereum.
- The introduction will come as an extension to the existing ERC-4626 tokenized vault standard.
- EIP-7540 has the potential to benefit protocols that deal with real-world assets (RWAs).
According to reports, a new Ethereum Improvement Proposal, EIP-7540, to introduce asynchronous deposit and redemption flows has been submitted. The introduction will come as an extension to the existing ERC-4626 tokenized vault standard.
A new Ethereum Improvement Proposal, or EIP, aims to introduce asynchronous deposit and redemption flows as an extension to the existing ERC-4626 tokenized vault standard. This EIP has the potential to benefit protocols that deal with real-world assets (RWAs), cross-chain lending…— Wu Blockchain (@WuBlockchain) October 21, 2023
Colin Wu, a renowned Chinese reporter on crypto matters, recently posted that the EIP has the potential to benefit protocols that deal with real-world assets (RWAs), cross-chain lending, and liquid staking.
Details of EIP-7540 were made available on the Ethereum-magicians platform and included basic information about the newly proposed EIP. …
The post EIP-7540 Would Introduce Asynchronous Deposit on Ethereum Network appeared first on Coin Edition.