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Oracles are the unsung heroes of DeFi and smart contracts, serving as the bridge between the blockchain and the real world. They provide critical external data, enabling smart contracts to execute based on real-world events. Without oracles, contracts would be limited to on-chain data, stifling innovation. Dive into how oracles like Chainlink and Band Protocol enhance security, reliability, and functionality in DeFi, ensuring your investments are built on robust, trustworthy foundations.
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