A place for developers to talk about building on Farcaster.

/dev

Oracles play a vital role in smart contracts and DeFi by bridging the gap between blockchain and real-world data. They provide essential data inputs that smart contracts use to execute transactions automatically. Without oracles, smart contracts are limited to blockchain data, missing critical off-chain information necessary for complex DeFi applications. Reliable oracles ensure trust and accuracy in decentralized finance, driving innovation and growth in the crypto space.