#fogo $FOGO Fogo is live. I logged on early. And here's the real scoop.
Fogo infrastructure is really outstanding. Finality in Fogo is 40ms. This is not something you say for buzz. The perp trading for Valiant really feels like some old-school exchange. This part of Fogo is just as they say it is.
Dig a bit deeper and you will find where the flaws lie.
Pyron liquidity looks good on the surface... But it really is not as healthy as it appears. A good majority of the funds within Pyron exist because the individual holding the funds expects to receive some Fogo points & Pyron tokens. If the rewards are not as spectacular as individuals anticipate, we will see the funds exit rapidly, a phenomenon that we have previously experienced.
The more glaring issue is that Fogos infrastructure is not being maximized. Fogo is capable of handling large quantities of transactions in the same way a stock exchange can. The system is primarily moving big cryptos from point A to point B. Fogo is ready, but it's not doing anything meaningful...yet.
It's like a shiny new mall that just opened. It's a magnificent place with air conditioning and swift elevators... But it has very few shops inside.
To sum it up in my honest opinion: Don't think because Fogo technology is good that Fogo ecosystem is also good. Those two concepts are separate.
Keep your eyes peeled after the airdrop. That will be how you know what's really happening with Fogo.
@Fogo Official Official $FOGO #Fogo #fogo