#fogo $FOGO

At some point the price of something becomes really important. It starts to affect how people who build things think. This is what is happening now with FOGOs price feed being available through Pyth on than 100 chains. It may not seem like news at first but for people who build things for DeFi it is a big deal because it changes the way they do things.

With Pyth Network people can get the price of FOGO without having to find ways around it. Developers can get the price in time and it is the same across all systems. This is more important than it sounds because when people try to use things across systems it often does not work well and the price is often the problem.

FOGO is still new in the DeFi world. Having its price available through a system that many apps use makes it easier for people to use. Lending protocols can try things without having to make their own price feeds. People who build things like options can make plans because they have a more accurate price. Even the people who make analytics dashboards benefit because everyone is looking at the price, not different prices.

There is also another effect that's not as obvious. When a token is supported by a system like Pyth it shows that people are serious about it. This does not mean it is mature. It shows that people are trying. Builders notice this. Some will start to build things even if the token is not very liquid or if the price is changing a lot.

As Cryptowisser said, having a system like Pyth often happens before people start to use something. It does not mean people will definitely use it. It removes an excuse, for not trying. For DeFi developers this is often enough to start trying out ideas of putting them aside.@Fogo Official $ESP $XRP