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Oracles in DeFi

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Oracles in DeFi | As decentralized finance (DeFi) continues to revolutionize traditional financial architecture, one key but overlooked building block has a supporting role to play: oracles in DeFi. Oracles are the bridges between blockchain-based smart contracts and off-chain data, enabling accurate and dynamic decision-making. DeFi applications would be restricted to on-chain data without oracles, severely limiting their application. In this beginner’s guide, we’ll explore what makes oracles in DeFi so crucial, how they function,…