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

Jack O'Holleran is the CoFounder of SKALE and CEO at SKALE Labs.In this episode, Jack breaks down why they built FAIR, a new L1 blockchain designed to eliminate MEV at the consensus level and unlock a new wave of AI and DeFi applications.------ 🔗 Essential Show Links 🔗► Newsletter: https://the-edge.xyz► Youtube: https://youtube.com/@DeFiDad► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------The Edge Podcast Sponsor Resources🪄 NEWTON | SIMPLER CRYPTO UX WITH VERIFIABLE AI AGENTS🔮 PYTH NETWORK | SMARTER DATA FOR SMARTER CONTRACTS📊 iYIELD | YOUR FINANCIAL PICTURE, SIMPLIFIED🏦 MANTLE | INNOVATING THE FUTURE OF ONCHAIN FINANCE🐡 PUFFER UNIFI | A BASED ROLLUP TO ETHEREUM WITH NATIVE YIELDS🌔 MOONWELL | THE LEADING LENDING AND BORROWING APP ON BASE⚙️ GEARBOX PROTOCOL | ONCHAIN LENDING REIMAGINED🥞 SYRUP.FI | INSTITUTIONAL-GRADE YIELD------Timestamps0:00 - Intro7:01 - Jack’s background12:52 - Building in crypto under hostile regulators vs today18:14 - Mission behind SKALE20:10 - Why build FAIR?21:42 - Early traction with SKALE24:08 - Sponsor break24:49 - How 0 gas fees work on SKALE27:02 - What is BITE Protocol and why MEV is bad for users?29:05 - Thoughts on REV32:58 - What’s the connection between SKALE and FAIR?35:49 - Is FAIR its own L1 or could it work alongside Ethereum?37:43 - How will FAIR attract users?41:10 - Sponsor break42:49 - What new products might be possible on FAIR?45:53 - Which users should look at FAIR?47:16 - Did retail ever return this cycle?49:02 - Why this time is different for crypto / DeFi adoption?53:22 - FAIR Testnet and what’s next?54:56 - Closing------🔗 Guest Links 🔗► FAIR website: https://www.fairchain.ai/► SKALE website: https://skale.space/► FAIR on X: https://x.com/FAIR_Blockchain► SKALE on X: https://x.com/SkaleNetwork► Jack on X: https://x.com/jackoholleran------All opinions expressed by hosts and podcast guests are solely their own opinions. Podcast guests and hosts may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.