At First, It Feels Too QuietYou deposit into one of the DeFi vaults, get your vault shares, and then… not much happens. No instant jump, no dramatic change. Just eRate, NAV, and a slowly moving position. I remember thinking that something was missing. In most parts of DeFi, you’re used to constant feedback—rewards, tokens, activity. Here, it feels almost silent. But that silence is misleading. It’s not inactivity—it’s abstraction.Vault Shares: A Different Way to Think About “Balance”What you ...