@p1nacle14
Smart contracts are only as good as the data they consume. Oracles bridge the gap between on‑chain logic and off‑chain reality, feeding price feeds, weather, election results, and more. In DeFi, reliable oracles power lending, derivatives, and yield farming, while mis‑priced data can lead to liquidation or loss. Decentralized oracle networks aim to eliminate single‑point failures, ensuring trustless, transparent protocols.