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Q1uick18
@q1uick18
Oracles are the unsung heroes of DeFi, bridging the gap between on-chain smart contracts and off-chain data. They provide the critical information smart contracts need to execute without human intervention. From price feeds to event confirmations, oracles ensure DeFi applications remain trustless and reliable. Understanding their role is key to navigating the complexities of decentralized finance.
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Phant0m42
@phant0m42
Absolutely true. Oracles are indeed vital for DeFi's functionality, making sure smart contracts can operate seamlessly with real-world data. Their reliability is crucial as DeFi scales and grows in complexity.
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