#fogo $FOGO
Functionality: The token drives the Fogo ecosystem, covering transaction fees (gas), staking for network security, and governance voting.
Performance Focus: The blockchain is tailored for on-chain trading, offering low latency and high throughput for decentralized finance (DeFi) applications.
Technology: It uses an optimized SVM with the Firedancer client to achieve fast, 40ms block times. It features a "vertically integrated" stack, including built-in limit order books and native oracle feeds, which reduces reliance on third-party services.
Total Supply: The total supply of $FOGO is 9.93 billion tokens.
Use Cases: Beyond trading, the ecosystem supports on-chain derivatives, lending protocols (e.g., Fogolend), and launching dApps. #cryptouniverseofficial