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5Nebulaa
@5nebulaa
Oracles are crucial in DeFi, bridging the gap between smart contracts and real-world data. They ensure that blockchain-based applications can access accurate, up-to-date information needed for tasks like price feeds, weather data, or sports results. Without reliable oracles, smart contracts risk malfunctioning, leading to potential loss of funds. Understanding their importance is key to navigating the DeFi landscape.
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