Without smart contracts there is no DeFi.  But do we really understand what smart contracts are and how they work?  In this episode we try to shed some light on how smart contracts work on the Ethereum platform and and introduce several other platforms that are trying to compete.Please note that I am not a financial advisor and nothing in this podcast constitutes a financial advice.  Please do you own research before investing or trading!Join our Telegram group at  https://t.me/defipodcastEmail feedback and suggestions to  info@cryptodan.clubVisit our home page at https://podcast.cryptodan.club/Mentioned on this episode:Etherscan: https://etherscan.ioToken smart contract example - USDC: https://etherscan.io/address/0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48Staking smart contract example - Sushi: https://etherscan.io/address/0xc2edad668740f1aa35e4d8f227fb8e17dca888cdCoinGecko: https://www.coingecko.com/Music credit: "Sora No Iro No Kuruma" and “Five Passengers - No Smoking” by Springtide on https://freemusicarchive.org/Art credit: https://pixy.orgSpecial effects credit: Kinoton on  https://freesound.org/All content provided on this podcast  is for your general information only. We make no warranties of any kind in relation to our content and services (such as token swap functionalities), including but not limited to accuracy, security and updatedness. No part of the content and services that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose, nor any dealing in (or promotion of) securities for which a license is required. Any use or reliance on our content and services is solely at your own risk and discretion. You should conduct your own research, review, analyze and verify our content and services before relying on or using them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.