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$FOGO L1: Ending the Latency Tax Era — Ultra-Fast Trading, Smooth as CEX
Fogo is a high-performance Layer-1 blockchain built on the Solana Virtual Machine (SVM) with one explicit goal: eliminate the traditional “latency tax” in decentralized finance and make on-chain trading feel instant — similar to centralized exchanges (CEX). �
fogo.io
🚀 What Is Fogo?
Core concept: A blockchain engineered for ultra-low latency and high throughput to support trading, DeFi, and real-time finance use cases that historically have only been feasible on centralized platforms. �
fogo.io
Latency focus: Average block times around 40 ms, meaning extremely fast confirmation cycles and reduced waiting vs. typical L1 networks. �
fogo.io
Architecture: Built using Solana’s parallel processing strengths via the SVM, optimized consensus design, and performance-focused client software — aiming to remove bottlenecks that cause slow finality on legacy blockchains. �
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🧠 “Latency Tax” — What It Means
In traditional blockchains, transaction speed is constrained by consensus overhead and network propagation delays — known as the latency tax. Fogo’s 40 ms block cadence is marketed as a breakthrough reducing these delays, enabling on-chain activity (like trading or order execution) that feels clos
fogo.io
📅 Recent & Key Updates
🟢 Mainnet Live with 40ms Blocks
Fogo launched its public mainnet in January 2026.
The chain now runs with 40-millisecond block times and above 1,000 transactions per second (TPS) — positioning it as one of the fastest L1 networks in operation. �
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This ultra-fast cadence is part of Fogo’s strategy to support real-time trading and DeFi that competes with centralized systems.
💰 Token Distribution Shift
Its originally planned $20M token presale was canceled; instead Fogo opted for airdrops and incentives via the Fogo Flames program to reward early users and participants. �
MEXC
The token (ticker: FOGO) plays roles in network fees, governance, and staking. �
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