Fogo directly gave 20 million dollars in pre-sales to the community! This SVM L1 speed is ridiculously fast, and the trading paradise is officially open! 🔥@Fogo Official $FOGO #Fogo
Brothers! Wake up! Fogo's move has directly turned traditional L1 into a little brother! On February 5th, it just announced the cancellation of a 20 million dollar token pre-sale, giving everything to the community for airdrop, and also conveniently burning 2% of the core contributors' tokens!
This is what it means to truly give benefits to players! Not just talk, but real money being invested!
What is Fogo truly amazing at? It is a pure SVM Layer1, running the “pureblood version” on the Firedancer client, with block times under 40ms, and confirmations only take 1.3 seconds! The trading latency is so low that it makes you question your life, as smooth as CEX, but completely decentralized, with no MEV extraction tax, and fair execution!
Gas-free sessions are arranged directly, Account Abstraction is flying high, you don't even need to sign transactions every time, session keys are easily handled with one click, both newbies and veterans are thrilled! Consensus nodes are all in Tokyo, specially tailored for institutional-level finance, pro traders no longer have to pay the 'delay tax'!
Now that the mainnet is online, it is one of the fastest L1s currently. The ecosystem is also skyrocketing: Pyronfi lending, OnchainOil Dutch auction mining, FogoFishing farms, ValiantTrade perpetuals, ignition LST... it's all there!
Flames Season 2 is in full swing, testing, staking, trading, and providing liquidity can earn you points like crazy, rewards are distributed weekly, and there might be big surprises at the end of the season!
This project has 'born for trading' ingrained in its DNA from financing to mainnet to community distribution. Lagging on Solana, high gas fees, poor UX?
Fogo gives you CEX-level speed + DeFi freedom directly! Brothers, missing this wave is equivalent to missing the next narrative climax! Hurry up!