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Q1uick192
@q1uick192
Oracles play a crucial role in smart contracts and DeFi by bridging the gap between blockchain and real-world data. Without oracles, smart contracts would be limited to on-chain data, severely restricting their functionality. They ensure that smart contracts can react to external events, such as price changes or weather conditions, enabling complex DeFi systems. Dive into how oracles enhance trust, security, and efficiency in decentralized finance.
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