> For the complete documentation index, see [llms.txt](https://docs.midcontract.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.midcontract.com/why-midcontract/smart-contract-workflow-from-agreement-to-payout.md).

# Smart Contract Workflow: From Agreement to Payout

Midcontract streamlines collaboration between freelancers, agencies, and clients — from setting expectations to getting paid.

***

### **🛠️ 1. Create a Smart Contract**

Either party can initiate a contract via a simple interface. Choose the contract type (fixed, milestone, or hourly), set deliverables, deadlines, and payment terms — all in one place.

[📄 Explore supported contract types →](https://docs.midcontract.com/why-midcontract/types-of-freelance-contracts-you-can-create)

Each agreement is backed by a smart contract — no PDFs, no scattered docs, no second-guessing. You can still chat and coordinate as needed, but the core terms are locked on-chain for total clarity and trust.

***

### **👤 2. Complete Identity Verification**

Before funding begins, both parties must complete a one-time identity verification (KYC). This protects both sides and ensures compliance.

***

### **💰 3. Fund the Escrow**

Once terms are accepted, the client deposits funds into escrow. These funds are held in a smart contract — not by Midcontract — and remain locked until work is approved.

[💸 How escrow protection works →](https://docs.midcontract.com/why-midcontract/escrow-and-payment-security-for-freelancers-and-clients)

To fund the escrow, simply deposit stablecoins directly, or easily purchase them using fiat via our integrated partner services — available in select regions.

[🌍 See payout and funding options →](https://docs.midcontract.com/why-midcontract/multi-currency-payouts-and-comparison-with-traditional-platforms)

***

### **📦 4. Deliver the Work**

The freelancer or agency completes the task and submits it through the platform. This triggers a client notification for review and approval.

[📤 Submitting work and revisions →](https://docs.midcontract.com/submitting-work-deliverables-revisions-and-client-review)

***

### **✅ 5. Approve & Get Paid**

Once the client approves the work, funds are instantly released from escrow to the freelancer.

Payouts are made in stablecoins. Want to cash out in fiat? No problem — use our built-in partner service to convert and withdraw to your preferred local method.

[🔓 Learn how payouts work →](https://docs.midcontract.com/getting-paid-payment-release-and-fund-withdrawal)

***

#### **✨ Why It Works**

* No payment chasing
* No unclear scope
* No confusion about what’s been agreed

Midcontract creates a transparent, automated workflow for both sides.


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