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hi everyone I hope you guys are doing good and welcome to another video on um on defy and smart contracts in this video we are going to talk specifically about smart contracts we talked about D5 what D5 is decentralized finance basically and how does it work what are the different uh key areas in D5 ecosystem in the last video so if you havent seen that last video then please pause this and go back to the last video and check it out and in this video were going to talk about smart contract because I think its a bit critical to understand how this thing works okay now there is nothing fancy in smart contract will come straight to the point here there is nothing fancy about it its a very very simple terminology its its as simple as any other smart device for that matter right um the the word smart and the word contract are not new to us and these days when whenever we add the word smart with anything um around us we kind of mean that we have to spend less time with manual interven