Definition ∞ Smart contract completion refers to the successful execution of all predefined conditions and actions within a self-executing agreement on a blockchain. Once all parameters are met, the contract’s code automatically processes the agreed-upon transaction or outcome. This finalization signifies the successful conclusion of the automated agreement.
Context ∞ News frequently reports on the completion of smart contracts in various decentralized finance applications, such as lending protocols or automated market makers. The integrity and immutability of smart contract completion are central to the trustworthiness of blockchain-based systems. Any issues with completion, such as failures or unintended outcomes, often draw significant attention.