ERC-4626: DeFi's Newest Money Lego

ERC-4626: DeFi's Newest Money Lego
It’s pronounced E, R, C, four-six-twenty-six. ERC-4626 is a newly proposed Ethereum token standard that might resolve a sore issue in decentralized finance (DeFi): the mishmash of design types for tokens that print money.Proposed Jan. 4, ERC-4626 co-creator Joey Santoro said Wednesday the token’s documentation is ready for “final review.” He called on the “giga chad brains” of Crypto Twitter to offer feedback on this novel Ethereum Improvement Proposal.This article is excerpted from The Node, CoinDesk’s daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the full newsletter here.If adopted, ERC-4626, the…