My point of view as someone building industry leading analytical products covering the vaults ecosystem:
I find the Steakhouse perspective on vaults very compelling, and in close alignment with my personal view of the sector.
- Trustless onchain NAV accounting
- Automated, transparent strategies
- Strict noncustodiality
Reassuring for the industry that segment leaders like Steakhouse actively hold themselves and the rest of the space to a high, publicly documented standard.