We are very excited to announce FAIR, the next gen Layer 1 blockchain which is fully MEV resistant and runs hyper optimized EVM. This is a critical strategic move for the SKALE ecosystem and for the SKL token. @FAIR_Blockchain @SkaleNetwork FAIR will be a key component of the SKALE Ecosystem and act as the Layer 1 Blockchain to SKALE’s scalability layer. FAIR plus SKALE means synergy. 1+1=10. These are sibling networks that work together. FAIR will be a dual token network utilizing SKL and FAIR’s native token. A native token was needed in order for it to be a true layer 1. However, it will be the first blockchain to utilize a dual token mode as both SKL and the native token will have functional utility within FAIRl. FAIR will be an SKL burning machine. Validators will need to purchase and burn SKL in order to operate nodes in the FAIR blockchain. Devs will need to burn SKL in order to utilize the FAIR SDK in SKALE chains. The goal is to create dynamic synergies between the blockchains and token value capture mechanics. FAIR has a few big advantages 1 - It will start with 350+ dapps connected to it on day 1 due to it’s native connection to the SKALE Network. We are saying goodbye to the value capture loss SKALE experience every day to Ethereum. Now assets and value will stay in the ecosystem. 2 - It will be the first truly MEV resistant Layer 1. This is because encryption lives all the way down at the consensus level. Front running is not possible on this blockchain. This will create a new norm and set the standard for blockchain execution. 3 - It will be the most optimized blockchain in the world for AI agents. AI will be utilized as part of the product, but the product will provide tremendous advantages to AI defi agents. DeFi will be able to operate at parity to centralized finance and execute limit orders and indexes. From the perspective of an application, they will still rely on SKALE chains just as they do today. They will be able to run gasless transactions and will need to purchase and pay for chain access with the SKL token. But now when they want to access deep liquidity, they will be able to do this with the native connection to FAIR and no longer need to go to Ethereum or BNB to access liquidity. Last point - SKL holders will be getting a FAIR airdrop. Please read the SKALE blog to learn more:

SKALE blog: