Fair is a standard blockchain tailored to AI activities. Skale’s gas-free, seamless network evolution, chains provide protection from maximum extractable value (MEV) transactions.
AI agents are increasing their presence as they display their analytical capabilities and may trade or select Defi operations. Most still use existing infrastructure in public chains, particularly Ethereum, Solana and BNB smart chains.
According to on-chain data, Ethereum still has more than 32% sandwich deals and there are regular attempts at sandwich attacks.
All three are threatened by front running and MEV losses. Despite measures against sandwich attacks, most Dex collect small taxes based on MEV orders and require premium fees or bes to be paid.
The fair purpose aims to eliminate MEV risk
The FAIR aims to launch as the first blockchain compatible with AI agents, protecting it from malicious actors on the forefront. Most blockchains are threatened by some form of maximum extractable value (MEV) transaction order, often leading to the inability to use chains or direct losses.
The fair purpose aims to end the hidden MEV task problems. The chain applies protection at the protocol level and performs bytes (blockchain integration threshold encryption). The Fair will be launched as a new Layer 1 chain dedicated to new generations of defi and web3 AI agents. Transactions are not used to cause frontline, censored or personal losses. The goal of the fair is to create a new wave of users with the help of AI.
Unlike Ethereum Virtual Machine, Fair offers a new execution environment suitable for high frequency trading, institutions, and AI agents. The chain provides asynchronous processing and fast database access. The chain is built entirely from the ground up in C++ for near real-time execution.
This chain allows users to create new Defi ecosystems where they can’t be on the forefront and even AI agents can implement their strategies without tracking them. The chain aims to provide tools for capital raising, forecast markets, voting and other apps.
Fair expands the scale ecosystem
The fair is the next stage in the scaler chain ecosystem. The existing SKL tokens are burned to run a fair validator node, and the new native fair token is used in L1. A portion of the fair will be broadcast to SKL holders, waiting for a governance vote to coordinate the user base of the two networks. Airdrop follows the release of a fair mainnet and finalizing Tokonemics.
Following the news, the Skl Tokens bounced back from their recent lows, rising to $0.02. SKL is a Binance listed asset with another highly liquid market for HTX. Skale is one of the funded projects, raising $49.5 million from a mix of VC funding and public token sales. That’s what the project was like backing Consensy, Blockchain Ventures, Galaxy Digital, Multicoin Capital, and more.
Skale is currently locked 300 million dollars The total value hosts your own version of Sushiswap. To be fair, Skale aims to expand its app ecosystem and tap on Defi’s recent growth.