I’ve been looking into Fogo lately, and I’m trying to keep it simple in my head. Fogo is a high-performance Layer 1 built on the Solana Virtual Machine, which basically means it’s designed to be fast and handle a lot of activity without slowing down. I’m not getting lost in the technical terms I’m just focusing on what people are actually doing with it.
Right now, I’m watching the numbers. Around 1.6% of the entire genesis FOGO supply is already locked through the Ignition iFOGO campaign. That tells me people aren’t just talking about Fogo they’re committing their tokens and holding them there.
I’m also seeing over 1,360 new stakers join in. That’s not a tiny group. That’s a growing base of people who are choosing to support the network early. When I see that kind of participation, I start paying closer attention.
I’m not saying everything is guaranteed. I’m just watching how this is building. The supply is getting locked, new stakers are coming in, and the network is still in its early stage.
And honestly, when it’s still early, that’s when I’m most interested.