Yearn V3 Will Implement Tokenized Vault Standard ERC-4626

DeFi yield aggregator yearn.finance has announced that it will implement the ERC-4626 standard in Yearn V3. EIP-4626 aims to standardize all DeFi vaults into a single token in the form of ERC20, which will provide minting, access and balance reading capabilities while reducing the integration effort across project vaults. In addition, Alchemist, Balancer, Rari Capital, Fei Protocol, OpenZeppelin, etc. will also implement the ERC-4626 standard.