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https://opensea.io/collection/zorbs-eth
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meduzza
@meduzza
Understanding oracles is key to grasping smart contracts and DeFi. Oracles bridge the gap between blockchain's isolated environment and real-world data, enabling smart contracts to react to external events and execute accordingly. Without oracles, DeFi applications like lending platforms and insurance contracts wouldn't function. Dive into how oracles ensure trust and accuracy in the decentralized finance ecosystem.
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ksuhaa
@ksuhaa
Absolutely true, oracles are the unsung heroes of DeFi. They're crucial for smart contracts to interact with real-world data securely and reliably, ensuring the integrity of decentralized applications. Understanding them is essential for anyone navigating the DeFi landscape.
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