Hey @kladkogex
Before I leave any comments, I want to outline the above with some extra details for the community on each of the phases:
Before
Today, SKALE Manager & all the SKALE Chains rely on Ethereum for orchestration, primary bridging, etc. Why? Because SKALE was originally created as a scaling solution or Ethereum. While sChains are far more decentralized, distributed, and scalable than rollups; the limitations of Ethereum from both costs (even with sharp drops in costs) as well as limitations of the base actually limit scale from scaling to it’s full potential.
We’ll talk more about this, but there are multiple instances of the SKALE team making technical decisions due to direct Ethereum limitations.
Phase I
While SKALE itself is a permissionless validator network, the chains themselves are optionally semi-permissioned which allow them to be smaller, yet incredibly powerful while also maintaining their containerized nature. This is great for theoretically infinite scalability, however, does not lend itself as well to state growth.
A critical piece of the Layer 1 is the permisionless nature in general which when combined with BITE will enable:
a. The world’s first FAIR blockchain. Built for real people to do real activity privately in a trust-less manner
2. Layer 1 blockchains that are permissionless (which SKALE Europa is not) have an easier time accruing value since the chains don’t have deployment layers that are there to protect Application or Hub Chains
- This is especially true in the case of SKALE where chains are pre-paid in advance and compute must be protected to avoid abuse
- While the SKALE Network validator set is permisionless and can continue to grow, individual sChain are currently capped at 16 nodes. While sChains are Layer 1 blockchains, they make specific trade offs to operate as a scaling solution. FAIR is being designed to ensure that it is designed as a BASE Layer. Projects that need more compute or more efficient pricing? → Try a SKALE Chain!
There is a lot more content but I think to start it’s important to recognize that FAIR intends to be the composable liquidity layer for the entire SKALE Network.
Phase II
If Phase I wasn’t enough (since TVL & Value) is important for developers; Phase II brings a MAJOR upgrade to SKALE Chains. Upgrading to the FAIR SDK, which are the key components that make FAIR the world’s fairest blockchain built for AI, DeFi, Privacy, Censorship Resistance, etc; will enable games building with Zero Gas Fees to ALSO begin to integrate with the various BITE features, in addition to their access to composable liquidity from FAIR.
Phase III
This is a really unique situation since there is actually many different ways to achieve this.
However, the end goal is bare minimum to bring SKALE Manager, SKALE Chain Orchestration, etc onto FAIR directly to ensure that SKALE can truly scale to its full potential and have a network of thousands, tens of thousands, or even millions of SKALE Chains powering businesses, governments, games, financial applications, and more all interoperable, composable, and secured by FAIR and the SKALE Network validators.
Overall – I personally am very excited by this opportunity for the SKALE Ecosystem. The reality of today (in my opinion) is that:
- Ethereum 2.0 enables MEV directly through a highly centralized block creation, proposal, and submission process which in itself is harmful to decentralized networks like SKALE
- Ethereum has decided that rollups are the best way to scale, even though we have proven otherwise for years. Why should SKALE pay fees and value to a network that doesn’t actually work well for it?
FAIR allows the SKALE Ecosystem to have the base layer it really deserves both from a decentralization and security standpoint as well as from a composable liquidity perspective.
I will be doing everything I can both from my work with SKALE Labs as well as my work with Eidolon & Dirt Road Dev on the ecosystem side to continue to help the SKALE Ecosystem grow and dominate as it explores and advances into this new phase with FAIR as it’s base. If you have questions, please don’t ever hesitate to reach out in Discord: SKALE and tag me (TheGreatAxios), tag me here in a question, or reach out on X (TheGreatAxios).
Thanks (and thank you to @kladkogex for sharing this graphic).
Can u tell us more about fair airdrop for Skl holders? For instance I been holding since 22 on exchange only not private wallet how would that work?
Hi - It’s ultimately up to each exchange if they distribute FAIR tokens to their holders/users. Rest assured, we will approach all major exchanges ahead of the airdrop to discuss this topic. It’s in our best interest to incentivise long term supporters of SKALE!
Yes I see but I could also transfer out of exchange to self custody but then how would u know I am a long term holder. Or it will be anyone holding Skl gets the fair drop???
Interesting question …
I think someone needs to research recent airdrops from other projects - how they handled that …
If u watched their video interview they said we wanna reward long term holders they also said we will take snapshots of holders but that’s if ur self custody holding im long term but on exchange. And what if exchange refuses to distribute like if ur in a state that don’t permit airdrops there are few in USA then what???
The only fair way to conduct the airdrop is to give first priority to those who have held their tokens on-chain and have actively used their wallets on the SKALE Network. Those who keep their tokens on exchanges are merely token holders if they haven’t undertaken any on-chain activity—what value do they bring if they’ve done nothing on the SKALE Network?
This targets and rewards genuine protocol usage and small-holder loyalty, discouraging Sybil-style farming and front-running of snapshots
- Loyality Tier 1 - On-chain SKL held ≥ 24 months; ascending bonus for duration + SKL tokens held on SKALE Network
- Loyality Tier 2 - On-chain SKL held ≥ 12 months; ascending bonus for duration + SKL tokens held on SKALE Network
- Loyality Tier 3 - On-chain SKL held 6 - 12 months; ascending bonus for duration + SKL tokens held on SKALE Network
- Engagement Tier - On-chain activity (bridging, transactions, staking) over past 6 months
- Exchange Allocation - Pro-rata to exchange-custodied SKL at snapshot
- New User Incentive - Snapshots of small on-chain SKL purchases (< $1 000) in 30 days before TGE to onboard fresh participants
Wen flair announced airdrop for Xrp holders they just said hold in self custody on so on date get airdrop. Simple. Ps. So buying n holding Skl on exchange is not being a supporter? Genius thinking
Hey,
I don’t think that’s quite right, @Ooyi. The community is still figuring out the rules (see what Joonas wrote above, for example). I think we should definitely have a vote on these things. Right now, everything being discussed around tokenomics is just ideas—nothing’s set in stone yet.
I get that people are a bit impatient, but putting together proper proposals takes time. With FAIR, we’ve got a lot of moving parts that all need attention.
The issue with airdropping to exchanges is that, even if we vote for it, it might not be doable. It depends on the exchanges agreeing to work with us, and chances are they either won’t—or they’ll ask for a ton of money. It’s way easier for users to just move tokens on-chain than for us to try and make deals with every exchange. I agree with Joonas—on-chain, long-term holders bring more value than people who keep SKL on exchanges and can’t even move it. Moving things on-chain is super easy, so why wouldn’t they do it? Maybe they’re just short-term traders.
Anyway, that’s just my personal take—not something we’re focused on in the engineering team. In the end, the community will decide.
will fair blockhain bbe capped whats the max
Hey - my personal opinion it should be. Also the poll on twitter has shown most people prefer BTC-like finite supply vs ETH-like unlimited supply
The community will ultimately decide …
My feedback
I think the conditions for @FAIR_Blockchain airdrop are only
1- Staking @SkaleNetwork token
2-The longer staking #SKL period, the higher airdrop rewards.
3-Keeping the token in a wallet or exchanges without staking $SKL is considered non-participation in the @SkaleNetwork and therefore ineligible for airdrop
4-A person who staking $SKL on their old wallet, then transferred the token to a new wallet and continued staking $SKL is eligible, and staking periods are counted on both wallets.
5-Conclusion: Those who only staking $SKL should be rewarded. Those who hold the token in the wallet or exchanges and only trade should not be rewarded.
@FAIR_Blockchain for only those staking There’s $SKL token and securing the network.
Note:
Those who hold tokens on exchanges and wallets are merely traders seeking to make profits in the medium to short term.
Therefore, I believe they are not eligible for the fair airdrop. If they truly want to be eligible, they must participate in staking for a minimum of three months. ( Staking and proof of eligibility for $Fair airdrops )
What is the probabilities that CEX holders will put airdropped tokens to liquidity pool or stake them vs sell it in the short term?
I agree that CEX allocation shouldn’t be 0 but it also shouldn’t be high.
I agree that the advantage of burning is that it benefits all in a simple way.
For the airdrop, airdropping to centralized exchanges is technologically pretty hard and it is even harder to get their cooperation.