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Oracles are the vital link between smart contracts and the real world. They provide external data that smart contracts use to execute actions. In DeFi, this means accurate price feeds, weather data, or any on-chain off-chain interaction. Without oracles, smart contracts are limited to on-chain data, stifling innovation and functionality in decentralized finance. Embracing oracles opens new possibilities, ensuring your DeFi applications are robust and responsive to the real world.
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