> 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/types-of-freelance-contracts-you-can-create.md). # Types of Freelance Contracts You Can Create Midcontract supports multiple contract structures, so you can work in the way that fits your projects β€” from one-off gigs to long-term retainers. *** ### **πŸ’° Fixed-Price Contracts** Ideal for clear, scoped deliverables β€” with upfront funding and guaranteed payouts. * Full payment is deposited into escrow before work begins * Clients have 5 days to review submitted work β€” after that, it’s auto-approved by the system to prevent stalling * Revisions? No problem β€” clients can request changes, and contractors can resubmit via the same workflow * Payments unlock automatically upon approval (or auto-approval) and are instantly available for withdrawal * Milestone variation supported β€” break large projects into phases with separate approvals and payouts Perfect for one-off tasks like design, dev, writing, and anything with a defined outcome and deadline. *** ### **🧱 Milestone-Based Contracts** Split your project into multiple phases β€” each with its own funding, submission, and approval. * Each milestone is pre-funded before work begins β€” no need to commit the full budget upfront * Deliverables are submitted per milestone, keeping the scope tight and progress easy to track * Milestones can run sequentially or in parallel β€” based on project needs and mutual agreement * 5-day client review period applies to each milestone. If no action is taken, it’s auto-approved and paid out * Smart notifications remind both parties of pending reviews, upcoming due dates, or approval deadlines Great for multi-phase builds, campaigns, launches, and anything that benefits from structured progress. *** ### **⏱ Hourly Contracts** Pay for the actual hours worked β€” with built-in automation, transparency, and protection for both sides. * Set an hourly rate and (optionally) a weekly limit when creating the contract * Log time manually through the platform β€” your timesheet is automatically submitted and locked every Monday at 00:00 UTC * Clients review timesheets within 3 days β€” or the system auto-approves them to avoid unnecessary delays * Prepay or pay-as-you-go: Clients can preload funds or top up as needed * If the balance runs out, the contract is paused until it’s refilled * Rate flexibility with rules: Contractors can lower their rate (effective next Monday), clients can raise it instantly Perfect for ongoing support, consulting, content, or any long-term collaboration where time is the key deliverable. *** ### **πŸ” Retainer Contracts** #### **(coming soon)** Recurring agreements for long-term work. * Fixed payments on a weekly, bi-weekly, or monthly basis * Ideal for agency retainers, consulting, or managed services All contract types are backed by smart contracts β€” meaning clear, automated, and tamper-proof execution every time.