Smart Contracts Explained
Advanced Trading & DeFi
The Technology Behind DeFi
A smart contract is a self-executing contract with the agreement directly written in code.
💡 Example: A DeFi lending platform uses smart contracts to automate loan approvals—no paperwork, no delays.
🔹 Key Benefits:
✅ No middlemen – Transactions execute automatically.
✅ Immutable – Once deployed, they cannot be altered.
✅ Transparent – Open-source, anyone can verify the contract.
⚠️ Beware of Smart Contract Bugs!
Not all contracts are 100% secure. Always check audited projects before investing.