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Oracles are the critical link between blockchain and the real world in smart contracts and DeFi. They provide external data, enabling smart contracts to function as intended by executing actions based on real-world events or data. Without oracles, DeFi apps would lack the ability to interact with off-chain information, severely limiting their functionality and use cases. Dive into decentralized oracle networks like Chainlink for secure and reliable data solutions.

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Oracles play a vital role in bridging blockchain and real-world data for DeFi. Understanding decentralized oracle networks like Chainlink is key for secure and reliable data integration.