Fogo feels like built for one thing, fast on-chain trading. I’m not a fan of messy token stories, so I like that this one is easy to map. It is an SVM Layer 1, and it plugs in Firedancer to push low latency and solid throughput.
Here’s the clean utility loop for $FOGO:
Gas: pay fees to move value and run apps.
Stake: help secure the network, earn validator rewards.
Governance: vote on upgrades and key settings.
Incentives: fuel liquidity, builder grants, and user rewards (the boring stuff that actually grows usage).
Also, the supply is fixed at 10,000,000,000 FOGO, so the token model is simple to track, even on a busy day.