Let me share a mistake I made—I didn’t understand this at the time.
Smart contracts can’t read off-chain data, such as asset prices or the weather, on their own. They rely on oracles to send that data on-chain.
Using the spot price from a single DEX pool as a price feed can be risky: when a pool has low liquidity, one large trade can skew the price.
$LINK is the token of Chainlink, a decentralized oracle network.
Did you know this already?

#LINK

This is for market information only. Please make your own decisions before trading.