People love the idea of decentralized finance (DeFi) because they are free to control their own money. But truthfully, using DeFi can sometimes be slow, expensive, and frustrating compared to centralized exchanges (CEXs).Fogo is a Layer 1 blockchain built on the Solana Virtual Machine (SVM), specifically optimized for decentralized trading and financial applications.
The network integrates the Firedancer validator client to achieve high throughput, low latency, and reliability. The project’s goal is to bridge the gap between centralized and decentralized exchanges in terms of performance and user experience.
Fogo features an "enshrined" limit order book and native oracle infrastructure directly at the protocol level, reducing fragmentation and dependency on third-party services.
The FOGO token is the native utility asset used for gas fees, staking security, and governance within the ecosystem.#DelistingAlert $FOGO