Are you wondering what a smart contract is? Well, a smart contract is an agreement between multiple people who agree to execute a piece of code if certain conditions are met. Right now I know of four main use cases for smart contracts, and they are:

1) Flash loans

2) Insurance

3) Token switching (decentralized exchanges)

4) Buy and sell real world representations

Watch our animated video on smart contracts to understand how each of these examples currently works and what their capabilities are in the future!

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