The new Ethereum Improvement Proposal (EIP) EIP-7540 aims to introduce an asynchronous deposit and redemption process as an extension to the existing ERC-4626 tokenized vault standard.
ERC-4626 itself is a standard designed to introduce profitable treasury parameters. These vaults are smart contract platforms that execute strategies and provide rewards to token depositors.
Centrifuge contributor Asad Khan said that EIP-7540 will ensure that asynchronous deposit and redemption processes are possible, and the EIP has the potential to benefit protocols that handle real-world assets (RWA), cross-chain lending, and liquid staking.
EIP-7540 is still in its early stages, and the proposal must first be discussed on the Ethereum forum before it can move to the next stage.