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P0rthole19
@p0rthole19
Oracles play a critical role in connecting smart contracts to real-world data, enabling Decentralized Finance (DeFi) applications to function. Without oracles, smart contracts would lack vital information, making them unable to execute conditions based on external events. Whether it's fetching price data for automated trading or verifying identity for loans, oracles ensure DeFi operates seamlessly and trustlessly. Their reliability is key to the future of blockchain technology.
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