Self-Aware Smart Contract

Software That Works For You

What is a Self-Aware Smart Contract?

In recent years, blockchain technology and smart contracts have received significant attention as they exhibit autonomy, decentralization, trust, and transparency over peer-to-peer networks while moving assets digitally among peers without the need for intermediaries.

ℹ️ Smart contracts are computerized scripts or protocols that execute contractual clauses when certain pre-defined conditions are met and thereby digitally enforce the negotiation and performance of a contract.

To become "Self-Aware Smart Contracts" (SASC), smart contracts must have a high level of automation as they need to be aware of both their internal contextual environment and the external world.

What benefits does Wave's smart contract bring?

Wave studies all the factors that influence an investment strategy and makes use of SASC-like mechanisms to build around the needs of participants — creating an open-source tool that protects financial strategies, without being influenced by external manipulation.

The protocol continuously monitors the status and evolution of its ecosystem — tracking token emissions, supply dynamics, and gauge-based voting — to strategically manage LP incentives across Base. These mechanics aim to optimize returns for each participant.

✅ Wave's smart contract is self-aware thanks to its ability to track emissions and protocol health. It can adapt incentives in case key thresholds are reached, ensuring balance within the system. Learn more about the 🔁 Rebound mechanism.