
Edgy - The DeFi Edge 🗡️|Jun 06, 2025 01:41
Most crypto users think privacy is about hiding wallet addresses but it goes much deeper.
Every single transaction you send hits a public mempool: It's instantly visible to bots that make billions by front-running your trades (MEV).
The real solution isn’t hiding your wallet. It's encrypting your transaction before it ever hits the mempool which make MEV impossible.
That’s exactly what BITE Protocol does for SKALE’s new L1 blockchain - FAIR
• Transactions encrypted before entering the mempool
• Decrypted only after consensus is finalized
• Eliminates MEV entirely - No front-running. No sandwich attacks. No leaks
BITE makes FAIR the world’s first blockchain to eliminate MEV at the root - encrypting every transaction before consensus to ensure no one can front-run, censor or exploit.
Designed for the age of AI and DeFi convergence, FAIR gives agents, protocols and users a level playing field where strategies stay private and execution is provably fair.
What’s next?
• Dual Token Model: SKL holders get a 10% FAIR token airdrop (TGE).
• SKL Burn Mechanics: Validators burn SKL to run FAIR nodes and unlock advanced SKALE features like RNG, storage and BITE access - creating consistent deflationary pressure and deeper token utility.
This positions SKALE as a hub for AI-driven liquidity and DeFi growth, boosting ecosystem adoption and token value.
Fairness isn’t an option. It's a requirement for the future of blockchain. Glad to partner with @SkaleNetwork as they set a new standard for blockchain fairness and transparency.
If you wanna dig deeper check out http://fairchain.ai
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