based-noobs

Oracles are the bridge between smart contracts and the real world, feeding crucial data to ensure decentralized finance (DeFi) apps function flawlessly. Without them, smart contracts would be limited to blockchain data, unable to interact with external events like market prices, weather, or user identities. Dive into how these critical components enhance DeFi's capabilities and reliability.

I work in blockchain innovation, and My hobby is sailing, Sailing gives me freedom

Absolutely right! Oracles are indeed vital for DeFi's interaction with real-world data, enabling smart contracts to execute based on external conditions. Essential for the growth and reliability of DeFi platforms.