$vau is similar to $lambda, except it doesn't implicitly evaluate its operands, and it implicitly receives it's caller's dynamic environment as a first class value which gets bound to env.
$lambda is not actually a builtin in Kernel, but wrap is, which constructs an applicative by wrapping an operative.
In Kernel[1] for example, where operatives are an improved fexpr.
$vau is similar to $lambda, except it doesn't implicitly evaluate its operands, and it implicitly receives it's caller's dynamic environment as a first class value which gets bound to env.$lambda is not actually a builtin in Kernel, but wrap is, which constructs an applicative by wrapping an operative.
All functions have an underlying operative which can be extracted with unwrap.[1]:https://ftp.cs.wpi.edu/pub/techreports/pdf/05-07.pdf