The first layer of the Pallas stack is a vault smart contract built on the ERC-7540 standard. This contract defines the core vault primitives, including deposits, withdrawals, share accounting, and fee settlement.
ERC-7540 is one of the latest vault standards, designed to support modular, strategy-driven vault architectures with improved flexibility over earlier vault implementations. By adopting this standard, Pallas aligns with modern DeFi vault infrastructure while maintaining a clear separation between vault mechanics and strategy logic.
