The next wave of DeFi users will not even know they are using DeFi. The interface is already changing. Exchanges, custodians, wallets, and fintech applications are connecting their earn programs directly to curated vaults. The user sees a rate. Behind it, an institutional vault solution that runs the positions. The vault infrastructure disappears from view. Capital allocation at scale becomes a backend function, invisible to the end user. All they have to do is click on the “Deposit” button on their home banking app. What this means for how vaults are managed, and what standards the curation layer must meet to support it, is one of the central questions in DeFi infrastructure today. We cover this in our upcoming report on vault economy. Keep your eyes on our timeline and on http://sentora.com/research. Report will go live next week👇(Sentora)