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Bl1zz23
@bl1zz233
Oracles connect the blockchain to the real world, feeding smart contracts essential data like prices and events. In DeFi, this means accurate and timely data for lending, trading, and insurance. Without reliable oracles, DeFi risks losing its trustless advantage. Innovations in oracle tech, like Chainlink's decentralized network, are key to scaling DeFi's potential.
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