$FOGO
FOGO
0.02344
+7.67%
Publier
Crypto_Alchemy
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Most DeFi Feels Like a Toy Market Because Crypto People Built It and Fogo Let Wall Street Fix That
Gonna say something that annoys half this timeline. Most DeFi feels like toy markets because the people who built them never worked a real trading floor.
Read about order books in blog posts then coded one. Result feels like it. Laggy fills.
Weird slippage on basic pairs. Liquidations triggering late wrecking people who should have been fine.
Fogo founding team is Douglas Colkitt from Citadel and Robert Sagurton from Jump and JPMorgan.
Did not learn market microstructure from crypto Twitter. Lived it. Years in rooms where five milliseconds of delay costs real money not forum arguments.
So when Fogo ships 40ms blocks and picks Firedancer as only client that is not marketing.
Muscle memory from environments where second best execution means you lose the desk.
Built a chain like you would build a trading venue if you already knew what kills performance before writing line one.
Ten apps live on Fogo mainnet day one including Ambient for perps and Pyth for price feeds.
Not empty launch then beg developers. Infrastructure ready because the team knew what traders need before anybody asked.
$FOGO #fogo @Fogo Official
Gonna say something that annoys half this timeline. Most DeFi feels like toy markets because the people who built them never worked a real trading floor.
Read about order books in blog posts then coded one. Result feels like it. Laggy fills.
Weird slippage on basic pairs. Liquidations triggering late wrecking people who should have been fine.
Fogo founding team is Douglas Colkitt from Citadel and Robert Sagurton from Jump and JPMorgan.
Did not learn market microstructure from crypto Twitter. Lived it. Years in rooms where five milliseconds of delay costs real money not forum arguments.
So when Fogo ships 40ms blocks and picks Firedancer as only client that is not marketing.
Muscle memory from environments where second best execution means you lose the desk.
Built a chain like you would build a trading venue if you already knew what kills performance before writing line one.
Ten apps live on Fogo mainnet day one including Ambient for perps and Pyth for price feeds.
Not empty launch then beg developers. Infrastructure ready because the team knew what traders need before anybody asked.
$FOGO #fogo @Fogo Official
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