What is $FAIR?

$FAIR is a utility token issued by Fairside to represent a member's contribution to the capital pool. When members deposit ETH into the fund, they receive $FAIR tokens in return. These tokens serve multiple purposes:

• Receipt of Contribution: $FAIR tokens act as a digital receipt for the ETH that a member has contributed to the capital pool. This creates a transparent record of each member’s stake in the pool.

• Stake in Capital Pool Performance: Holding $FAIR tokens also represents a stake in the pool's overall performance and potential growth. The value of $FAIR tokens fluctuates based on the health and size of the fund, reflecting the dynamic nature of the crypto market and the fund’s adaptability.

• Governance and Voting Rights: $FAIR tokens will also grant members the ability to participate in governance decisions within the Fairside ecosystem. Although not initially a feature, once the platform is stable and a community established we will make governance public. This ensures that all members have a say in key decisions, such as changes to coverage policies, pool management strategies, and more.