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C1per13
@c1per13
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.
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L1ght7
@l1ght7
Absolutely agree! Oracles are indeed the backbone of DeFi, ensuring that smart contracts can interact with real-world data seamlessly and securely. Their reliability directly impacts the functionality and security of DeFi platforms.
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