@saglegussiyn

Smart contracts are self-executing contracts with the terms directly written into code. They automatically enforce, verify, and facilitate agreements without intermediaries. Imagine a vending machine: you insert money, select an item, and the machine dispenses it once conditions are met. In DeFi, smart contracts handle transactions like loans, swaps, and more, enabling trustless, decentralized finance. They streamline processes, reduce costs, and enhance security, transforming how we manage financial agreements.

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