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🤑 Word of the Day = CONTRACT 📜
👉 WODL👈
The term "contract" refers to a formal agreement between two or more parties that is legally binding. 📑
🤝 In the context of crypto, a "contract" typically refers to smart contracts—self-executing contracts with the terms of the agreement directly written into code. 🔐💻 These contracts automatically execute transactions or agreements once certain conditions are met, without needing intermediaries. 🚀
🔄 Smart contracts are fundamental to decentralized finance (DeFi), enabling trustless transactions and reducing the need for traditional third parties. 🏦⚖️
How do you think smart contracts will reshape the future of finance and investment? 🤔💡
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Thank you!$USDC