Here is how FAIR is designed to help the SKALE Ecosystem and SKL token holders.
1 - FAIR is designed to help SKALE and the SKL token capture more utility value. Assets, TVL, and value will no longer be lost to other blockchains if we can build a world class DeFi ecosystem in FAIR. Value then stays in the SKALE world as devs will no longer need to bridge to other L1s to access liquidity.
2 - SKALE games, AI apps, DePin, and other consumer focused app categories will benefit massively from having deep liquidity in the FAIR L1. All complexity will be abstracted and end users will be able to swap instantly in the app accessing liquidity and depth on FAIR. The chains will operate seamlessly together to create a next-gen UX.
3 - FAIR is going to burn SKL which decreases the supply of SKL. FAIR will be a dual token network and will utilize both the native FAIR token and the SKL token functionally in the network. This will create a deflationary impact on the SKL token while enabling the FAIR token to generate network revenue. SKL will continue to generate network revenue in SKALE.
4 - The success of FAIR will mean greater success for SKALE. FAIR is a unique, next-gen L1 with full MEV protection. If it meets its potential and becomes a top echelon L1, then it means even more awareness and success in the SKALE network. More TVL, more users, more awareness brings more growth. The chains win together.
In addition to the points of synergy and burning mechanisms, there will also be an airdrop of FAIR to SKL holders. This is great, but it is just the icing on the cake, as the biggest wins come from the increased value capture the networks create together.
There is still a lot of hard work that needs to come together to make the plan a reality. I think it is important though that the app builders, community, validators, and devs are all aligned on the big vision and goals. Let's all keep pushing!
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