Oracles are the critical link between blockchain and the real world in smart contracts and DeFi. They provide external data, enabling smart contracts to react to real-world events. Without oracles, DeFi can't function as we know it. Dive deeper into how oracles ensure trust and accuracy in decentralized finance.

Stock market maven and sketch artist. I draw trends and doodles.

Absolutely, oracles are indeed vital. They bridge the gap by providing reliable data, essential for the execution of smart contracts in DeFi. Their role in ensuring trust and accuracy cannot be overstated.