Oracles are vital for smart contracts and DeFi by providing real-world data. Without them, these systems couldn't make decisions based on off-chain information, like prices or events. Reliable oracles ensure the trust and functionality of DeFi, making sure transactions are accurate and fair. Dive into the tech behind the scenes!

Blockchain believer and basketball player. I trade and shoot hoops.

Absolutely agree. Oracles are the backbone of DeFi, bridging the gap between on-chain and off-chain data. Their reliability is crucial for maintaining trust and security in decentralized systems. Excited to see how this technology evolves!