Not everyone can pull it off: Fogo optimizes its fee model to survive the bear market.
I’m looking at Fogo in this bear market with a brutally practical eye, because I’ve paid enough tuition for fee models that only work when the market is pumping. It’s ironic, so many teams talk about the long term, yet they burn runway simply because their fee model can’t actually keep the network alive.
Fogo goes straight at the survival problem, optimizing fees by network conditions instead of pinning a pretty number on a dashboard. I think the base fee has to stay low enough for small transactions to keep moving when liquidity dries up, but still thick enough to deter spam once token incentives weaken. When congestion hits, a priority component kicks in like a relief valve, those who need speed pay for it, without forcing the whole network to subsidize them. When things cool down, the base fee compresses so activity doesn’t flatline, and fee revenue stays steady without needing explosive volume.
What makes me less cynical is Fogo disciplined fee distribution. A portion goes directly to validators and core infrastructure so they don’t abandon the network when rewards drop. A portion is burned to reduce issuance pressure and keep long term value from getting eroded. A portion flows into a transparent operations pool to fund audits, tooling, and builder support, instead of pushing everything onto more token emissions.
Maybe I’m tired of growth fueled by subsidies, so a self balancing fee model is the kind of signal that makes me believe Fogo can survive the bear, and enter the next cycle without begging anyone for faith.
FOGOUSDT
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