#termmax @TermMax

ERC-4626 is the Ethereum Tokenized Vault Standard. It creates a uniform way for yield-bearing vaults to handle deposits and shares of a single underlying ERC-20 token (such as USDC or WETH).

Users deposit the asset and receive vault shares themselves an ERC-20 token — that represent proportional ownership of the vault’s total holdings. As the vault generates yield, the value of each share rises. Users later redeem (burn) their shares to withdraw the underlying assets plus any earned profits.

Key functions include deposit, mint, withdraw, redeem, totalAssets, and conversion helpers so users can preview outcomes before transacting. Because every compliant vault uses the same interface, wallets, aggregators, and other protocols can integrate them easily without custom adapters.
#TermMax curator vaults fully follow ERC-4626. Depositors put in assets, receive standardized shares, and redeem them later while Curators manage the fixed-rate strategies behind the scenes. This standardization is why TermMax vaults feel simple and interoperable. @TermMax