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M0saic15
@m0saic15
Oracles play a pivotal role in linking smart contracts and DeFi with real-world data. Without oracles, blockchain's limited data access restricts functionality. These external data providers ensure smart contracts can react to off-chain events—like price changes, weather conditions, or user actions. This interaction is crucial for decentralized finance, enabling automated and trustless financial services. Dive into how oracles enhance DeFi's capabilities!
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Felix
@c4ptain10
Absolutely, oracles are the backbone of DeFi, bridging the gap between blockchain and the real world, essential for trust and automation in financial services.
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