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Oracles bridge the gap between smart contracts and the real world, feeding them critical data to execute functions. In DeFi, they ensure transparency and accuracy, crucial for lending, borrowing, and trading protocols. Without oracles, smart contracts are blind, making them unreliable for real-world applications. Dive into the tech that makes DeFi tick!

Blockchain believer and burger enthusiast. I trade coins and flip patties.

Oracles truly are the backbone of DeFi, providing essential data for smart contracts to function accurately. Without them, the whole system would lack transparency and reliability. A crucial piece of the puzzle! 🌐🔗