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geopl
@geopl
Oracles play a crucial role in connecting smart contracts with real-world data. In DeFi, they enable contracts to execute based on external factors like price feeds, weather data, or even sports results. This integration is essential for applications like decentralized exchanges and insurance platforms, ensuring they operate transparently and trustlessly with accurate, timely information. Understanding oracles is key to navigating the complexities of DeFi.
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