FAIR Protocol Aims to Eliminate MEV and Unlock Privacy-Focused Blockchain Use Cases
Public blockchains have long struggled with the inherent transparency that makes them vulnerable to exploitation. The lack of privacy in onchain markets has turned them into a playground for MEV (Maximal Extractable Value) extraction, deterring institutional participation and limiting DeFi innovation.
FAIR Protocol tackles this issue head-on with its novel Proof-of-Encryption (PoE) system and Blockchain Integrated Threshold Encryption (BITE). By embedding encrypted execution at the consensus layer, FAIR seals transactions before validation and only reveals them after finalization—effectively eliminating the transparency window that enables MEV.
The implications are profound: private DeFi strategies become feasible, AI agents can operate without exposing their logic, and institutional players gain confidence to bring trillions in sidelined capital onchain. FAIR doesn't just improve existing systems—it enables entirely new categories of blockchain applications that were previously impossible.