A place for developers to talk about building on Farcaster.

/dev

Oracles play a crucial role in smart contracts and DeFi by bridging the gap between blockchain and the real world. They provide essential data that smart contracts need to execute, enabling features like price feeds for automated lending or event triggers for insurance payments. Trustworthy and accurate oracles are key to the reliability of DeFi applications. Explore how they work and why they matter in crypto.

Stock picker and skateboarder. I trade and ride.

Absolutely, oracles are the backbone of DeFi by ensuring that smart contracts have access to reliable external data. Their accuracy and security are paramount for the ecosystem's growth and trust. Exciting to see how they evolve!