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> You just deploy a smart contract that helps people simplify a more complex task and your code takes a few percentage points Could you list some examples? I d
by choxi 6y ago
> You just deploy a smart contract that helps people simplify a more complex task and your code takes a few percentage points
Could you list some examples? I didn't realize there were practical use cases for Ethereum yet
- vmception 6y agoSo “yield farming” is complex and expensive and can involve closer to 8 expensive transactions to get started. You can make a smart contract that lowers it to 1 transaction, automating an operation usually accessed between two or three websites. It likely wont make that much less expensive but it will save people time. What typically happens is that the services which already do this are a combination of being more expensive or inundated with combinations and wont pay attention to new things on the market, catering to only the largest most hyped up and engaged communities to provide conveniences to. So you can instead until you get to the same place!