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FAIR: SKALE’s New L1 To Eliminate MEV and Unlock AI-Powered DeFi

The Edge Podcast

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Revolutionizing DeFi: SKALE and FAIR Protocols

This chapter explores the innovative features of the SKALE network, particularly its mechanism to eliminate gas fees and its unique validator model that fosters collaboration. It introduces the Byte protocol designed to mitigate miner extractable value (MEV), discussing its potential impacts on decentralized finance and the benefits of an MEV-resistant blockchain like FAIR. The conversation emphasizes the importance of aligning blockchain economics with user-friendly practices, exploring the relationship between Real Economic Value (REV) and the future of DeFi.

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