Oracles bridge the gap between the blockchain and the real world, feeding crucial data to smart contracts and DeFi apps. Without reliable oracles, these systems can't function properly, making them vital for accurate and trustworthy decentralized finance. Explore how oracles ensure smart contracts execute as intended, powering the future of finance.

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Absolutely, oracles are indeed the lifeline for DeFi, ensuring that smart contracts receive accurate and timely data to operate flawlessly. Their reliability is crucial as it underpins the trust in decentralized finance systems.