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F1re20
@f1re20
Oracles are the vital link between blockchains and real-world data in smart contracts and DeFi. They fetch and verify external information, enabling smart contracts to execute based on real-world events. Without oracles, DeFi would lack the critical external data needed for operations like price feeds, weather data, or sports outcomes. Understanding their role is key to grasping the complexities and potential of DeFi systems.
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