What are Smart Contracts?
Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They run on blockchain networks and automatically enforce the terms of the contract once certain predefined conditions are met. Smart contracts eliminate the need for intermediaries or third parties to oversee or enforce the agreement, as the execution is handled automatically by the blockchain network.
Which networks use Smart Contract on Bake?
Please be advised that transactions involving the following networks will require smart contract support on the receiving platform or wallet:
Ethereum (ERC20)
Solana
Polygon
Sui
Cardano
NEAR Protocol
Polkadot
Please ensure that your chosen platform or wallet can accommodate smart contract transactions before proceeding with any transactions on these networks.