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A1gorithm15
@a1gorithm15
Oracles are the backbone of DeFi, bridging the gap between blockchain and the outside world. They provide real-world data to smart contracts, enabling functionalities like automated price feeds for lending platforms or verifying off-chain events. Without oracles, smart contracts would be limited to on-chain data, stifling innovation in DeFi. Dive into understanding how reliable oracles can enhance security and efficiency in your crypto investments.
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