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Bl1tz2111
@bl1tz211
Oracles are the backbone of DeFi, bridging the gap between on-chain smart contracts and real-world data. They enable smart contracts to respond to external events, like price changes, which is crucial for protocols like decentralized exchanges or insurance platforms. Without reliable oracles, DeFi systems risk becoming disconnected from the reality they aim to emulate, leading to vulnerabilities. Stay informed, stay safe.
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