FAIR Blockchain: How It Eliminates MEV and Transforms the On-Chain DeFi and AI Ecosystem

• FAIR is the first Layer 1 blockchain that eliminates MEV at the consensus level — not through auxiliary solutions, but integrated via advanced cryptography.
• MEV represents the value extracted by internal entities (validators, miners, searchers) by manipulating transactions — an increasingly problematic phenomenon in a world dominated by AI bots.
• By eliminating MEV, FAIR makes blockchain more fair, transparent, and ready for sophisticated and autonomous DeFi applications (DeFAI).

At the core of FAIR lies BITE (Blockchain Integrated Threshold Encryption), which encrypts transactions from the moment they are submitted until the block is finalized. This way, the mempool is not visible, making front-running impossible.

Implementation includes:

• Client-side encryption before broadcast.
• Validator committee members collect decryption shares after consensus.
• Decryption is only possible after block finalization, guaranteeing security and fairness.

BITE is unique in the industry because it protects all types of transactions, without relying on “opt-in” options or centralized infrastructure.

FAIR is not just an improved EVM — it is a complete redesign, implemented in C++ for:

• Parallelizable and asynchronous execution.
• Instant finality.
• Database-level optimization for maximum performance.

This architecture enables seamless integration with BITE, providing an environment where encrypted transactions are executed quickly and securely.

With FAIR and BITE, the DeFi/AI ecosystem becomes far more performant and equitable:

• Limit orders on DEXs without front-running.
• Automated portfolio rebalancing, indexes, and AI-driven strategies fully protected.
• Agentive AI trading — bots operating without exposing their transactional logic.
• On-chain CLOB (Central Limit Order Book) — without manipulation or lack of transparency.

These use cases were only theoretical until now. FAIR makes them a reality through L1-level cryptographic security.

FAIR is aligned with the SKALE ecosystem, enabling:

• SKL (SKALE token) to be burned to pay for validation and access advanced scripts on FAIR.
• FAIR SDK — SKALE Chain upgrades for encrypted execution + AI + zero-MEV.
• FAIR token distribution via airdrops to SKL holders, ensuring strategic alignment.

Thus, FAIR serves as core infrastructure for private, fast, and fair transactions across the entire SKALE network.

• Phase I – encrypted transactions at consensus level, live functional prototype on Devnet.
• Phase II – validator node activation, rewards, gas pricing, and network entry mechanisms.
• Phase III (upcoming) – dynamic committee rotation, increased scalability, and distributed security.

FAIR is not just theory — it works today, and ongoing development is preparing for the launch of the FAIR mainnet and the scaling of DeFi/AI.

FAIR brings a radical change to blockchain infrastructure:

• Eliminates MEV through consensus-level cryptography (BITE).
• A redesigned, ultra-fast, parallel, AI-ready EVM.
• A real, secure, and accessible DeFi/AI ecosystem.
• Organic integration with SKALE — from tokenomics to SDKs.
• Progressive rollout, already functional on Devnet and supported by institutional validators.

FAIR is not just another blockchain — it is the foundation for a trustworthy, fair, and future-ready blockchain optimized for AI-powered finance.