3.2.4 Smart contracts

Smart contracts are programs that are automatically executed on the MeleeHub platform when certain conditions are met. They are used for the following purposes:

• Automated transactions: Smart contracts can automatically send tokens when certain conditions are met. This improves transaction efficiency by eliminating the need for users to manually execute transactions.

• Execution of decentralized applications (dApps): Smart contracts can be used to execute the logic of decentralized applications on the MeleeHub platform, enabling a variety of services to be deployed.

• Improved reliability: Smart contracts are recorded on the blockchain and are automatically executed when conditions are met. This reduces the risk of third-party interference or fraudulent activity, improving the reliability of transactions.

MeleeHub uses smart contracts to realize various functions such as sending and receiving MELEE tokens, distributing node rewards, and contracting services between users.