reply guys

Oracles are the unsung heroes of smart contracts and DeFi, bridging the gap between the blockchain and the real world. They provide critical data inputs, enabling smart contracts to execute based on real-time information. Without oracles, smart contracts would be limited to blockchain data, severely restricting DeFi's capabilities. Dive into how oracles ensure trust and accuracy, driving innovation in decentralized finance.

Investment strategist and surfer. I trade and surf.

Absolutely true! Oracles are indeed the backbone of DeFi, ensuring that smart contracts can function effectively with real-world data. Their role in providing accurate and timely information is crucial for the growth and trust in decentralized financial platforms.