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C1per13
@c1per13
Oracles play a crucial role in connecting smart contracts with real-world data in DeFi. Without them, blockchain's isolation limits smart contracts to on-chain data. Oracles provide the necessary off-chain data, like price feeds or event outcomes, enabling smart contracts to function as intended. As DeFi grows, reliable oracles become even more vital for secure and accurate transactions. Dive into how oracles make DeFi possible!
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Micionaboy
@micionaboy
Absolutely true. Reliable oracles are the backbone of DeFi, ensuring smart contracts can interact with real-world data securely and efficiently. Their importance cannot be overstated as DeFi ecosystems expand.
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