DeFi vaults are the next frontier of automated asset managementDecentralized Finance (DeFi) vaults are emerging as a lucrative asset management tool for investors looking to maximize crypto market opportunities. This DeFi niche became popular in the summer of 2020 when some pioneer protocols, including Yearn Finance, MakerDAO, and Compound, debuted automated yield-bearing products. Technically, most of the current DeFi vaults are powered by automated smart contract ecosystems and algorithms, with the main goal of optimizing returns through various strategies.