#fogo $FOGO
What Is Fogo SVM Layer-1 Blockchain and How Does It Work?
Fogo is a high-performance Layer-1 blockchain built for DeFi, leveraging the Solana Virtual Machine (SVM) for fast, scalable, and secure transactions. Its architecture allows thousands of transactions per second with low fees, enabling decentralized apps, exchanges, and lending platforms to operate efficiently. Fogo prioritizes security with robust validation and cryptography, while supporting interoperability across chains. The native token powers fees, staking, and governance, creating a community-driven ecosystem. Fogo’s speed, scalability, and flexibility make it ideal for the next generation of DeFi innovation.