Ecosystem

Smart Contract: A smart contract is like a digital contract that automatically executes when certain conditions are met. For example, if you want to pay someone when they complete a task, a smart contract can automatically send the money when the task is done, with no human involved.

Decentralized Exchange (DEX): A platform where you can trade cryptocurrencies directly with other people. You don’t need a middleman like a bank to handle the transactions.

Decentralized Finance (DeFi): A financial system built on blockchain technology. It lets people borrow, lend, or trade money directly with each other without needing banks or other middlemen to help. It’s like the financial services you use, but decentralized and without a central authority. Social Finance (SocialFi): A blockchain-driven platform that seamlessly combines social media with decentralized finance (DeFi). Users can monetize their content, earn rewards, and participate in tokenized communities independently of traditional platforms (e.g., Solana.Stream).