why do we even need oracles?

> a blockchain cannot see outside itself. not the price of ETH, not whether a flight landed, not whether a loan should get liquidated. It only knows what’s already written on it.

> every DeFi protocol you have ever used has always depended on a price feed it cannot generate on its own, the chain has to be told, something off-chain has to fetch that data, deliver it, and the contract has to trust it enough to act on it automatically and irreversibly.

> that something is an oracle. and how it’s built decides whether your position gets liquidated fairly or gets rekt by a number that was wrong for thirty seconds. (imagine that, a split second decision can rekt your entire portfolio)

study $DIA today

DIAUSDT

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