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Price Oracles in DeFi Explained

Price Oracles in DeFi Explained


The Daily Hodl
2024-03-20 03:40:12

In the world of DeFi (decentralized finance), oracles play a crucial role in ensuring the accuracy and reliability of data – especially pricing data – used within various protocols and platforms. What are price oracles A price oracle is a specific type of oracle that provides off-chain (external) price information to on-chain (blockchain) smart contracts. The post Price Oracles in DeFi Explained appeared first on The Daily Hodl .


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