Where Privacy
Lives and MEV Dies

FAIR is a next-gen L1 powered by Proof of Encryption, embedding encrypted transactions into consensus via BITE protocol to eliminate MEV and enable private, programmable execution. Its optimized EVM and AI-native design unlock encrypted DeFi, autonomous agents, and new classes of onchain markets.

MEV (Maximal Extractable Value) refers to profits that validators or bots can make by manipulating the order of transactions in a block through frontrunning, sandwich attacks, and censorship. It’s a hidden tax on users, distorts markets, and undermines blockchain fairness and decentralization. Over $2 Billion has been extracted from blockchain users through MEV.

FAIR is the first L1 to embed Proof of Encryption (via BITE) directly into consensus, making MEV exploits impossible. This foundation not only ensures fairness but also unlocks new classes of applications, like confidential DeFi, private DAOs, and autonomous onchain agents.

FAIR is optimized for AI agents, financial institutions, and DeFi users that require fair, fast, and confidential execution. It's ideal for any protocol that needs privacy, performance, and security without compromise.

BITE stands for Blockchain Integrated Threshold Encryption. It ensures transactions are encrypted before consensus and only decrypted after finalization, eliminating MEV and enabling private computation onchain.

Proof of Encryption (PoE) is a consensus-level innovation that uses BITE protocol to encrypt every transaction before it reaches the blockchain, only decrypting after finalization. PoE eliminates MEV, enabling confidential onchain compute, and unlocks new use cases like private DeFi, enterprise workflows, and autonomous agents.

Yes. FAIR runs FAIR EVM: a high-performance, C++-based, parallelized EVM with instant finality. Developers can use standard Solidity tools while benefiting from built-in MEV protection and native AI features.

FAIR enhances the SKALE ecosystem by providing deep liquidity, native MEV resistance, and access to encrypted AI execution. SKALE chains will upgrade to the FAIR SDK, and SKALE Manager will migrate from Ethereum to FAIR—improving speed, decentralization, and lowering costs. Additionally, SKL holders and the broader SKALE community will receive a portion of FAIR’s native token supply.

FAIR and SKALE operate as a dual-token ecosystem. It is planned that SKL will be burned to run validator nodes on FAIR, unlock advanced SKALE features like RNG, file storage, and BITE access, and more. This creates consistent deflationary pressure on SKL while expanding its utility across both networks.