A smart contract is a program stored on a blockchain that runs automatically when its conditions are met. It enforces rules without a trusted intermediary: tokens, swaps, staking, airdrop claims, and lending all run on smart contracts. Because the code is public and immutable once deployed, everyone can see and rely on how it behaves.<\/p>\n
This matters because interacting with crypto usually means interacting with contracts. Understanding that a claim or swap is really a call to code helps you appreciate both the power and the risk involved.<\/p>\n
Example: an airdrop claim is a smart contract that checks whether your address is eligible and, if so, sends you the tokens when you call it.<\/p>\n
Safety note: smart contracts do exactly what they are coded to do, including malicious things if written by a scammer. A contract can be a honeypot that lets you buy but not sell, or can request a dangerous token approval. Favour audited contracts, read what you are signing, and never assume “it is on-chain, so it must be safe.” Related terms include token approval, honeypot, smart contract audit, and DeFi.<\/p>\n","protected":false},"excerpt":{"rendered":"
Self-executing code on a blockchain that runs exactly as written, powering tokens, DeFi, airdrops, and more without a middleman.<\/p>\n","protected":false},"template":"","meta":[],"class_list":["post-95","glossary","type-glossary","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/tokenspin.de.com\/fr\/wp-json\/wp\/v2\/glossary\/95","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tokenspin.de.com\/fr\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/tokenspin.de.com\/fr\/wp-json\/wp\/v2\/types\/glossary"}],"wp:attachment":[{"href":"https:\/\/tokenspin.de.com\/fr\/wp-json\/wp\/v2\/media?parent=95"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}