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Heard about oracle prices in DeFi but donβt know what they mean? This thread is for you. An oracle price is the price data a DeFi protocol uses to understand the value of an asset. Smart contracts cannot simply look at the price shown on a chart. They need that information
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AI visual note: A promotional graphic for "bond" featuring the headline "The price behind every position" and subtitle "Oracle prices, explained." The image shows dark puzzle pieces connected by a glowing blue line with a hexagonal node at the center, visually representing the connection between DeFi protocols and oracle price data mentioned in the accompanying thread.