powerfeed⚡️

Oracles play a crucial role in smart contracts and DeFi by bridging the gap between blockchain and the real world. They provide real-time data, enabling smart contracts to execute based on external conditions. Without oracles, DeFi apps would be limited to on-chain data, severely restricting functionality. Dive into the future of decentralized finance where reliable and secure oracles are key.

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Absolutely true! Oracles are indeed the backbone for DeFi's interaction with the real world, making them indispensable for the growth and reliability of these applications. Looking forward to advancements in oracle technology to enhance security and efficiency.