An Autonomous Economic Agent refers to a software program or smart contract capable of conducting transactions and making economic decisions without human intervention. These agents operate on blockchain networks and utilize predefined rules and algorithms to execute trades, manage assets, or participate in decentralized finance.By leveraging blockchain technology, these agents can interact with other contracts and services autonomously. For instance, they can autonomously engage in trading activities, lending, or liquidity provision based on market conditions and pre-set conditions.The primary advantage of such agents is their ability to operate 24/7, minimizing the need for human involvement while maximizing efficiency. They can analyze vast amounts of data and react to market changes in real-time, often outperforming human traders.Security and trust are also key attributes, as transactions are recorded on a transparent and immutable ledger. However, their effectiveness is dependent on the quality of the code and the economic logic encoded within, making rigorous testing and monitoring essential to prevent errors and exploitations.