SMART CONTRACT’S ROLE TO EF1

It’s necessary to set up a Smart Contract to create ERC-20 tokens.
The Smart Contract is used to solve token transactions and record token’s balance in an account.
The Smart Contract is written by the “Solidity” programming language on the basis of cause-and-effect logic as “If-This-Then-That” (IFTTT).
The Smart Contract is considered as an automatic vending machine. For the automatic vending machine, you put your money, press a button and the machine will give what you want to buy. In terms of the Smart Contract, ERC-20 token, after setting up Smart Contract, planning detailed terms and EF1 network will return ERC-20 format as required.

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EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.

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EF1Finance

EF1Finance

EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.

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