Fogo is a cutting-edge Layer 1 (L1) blockchain that harnesses the Solana Virtual Machine (SVM) for exceptional performance, emphasizing ultra-low latency and high throughput ideal for DeFi and real-time apps. Built on Firedancer—a high-performance Solana validator client—Fogo ensures seamless SVM compatibility, enabling zero-code migrations from Solana projects. It achieves sub-second transaction finality and thousands of TPS via multi-local consensus, parallel processing, and optimizations inspired by Solana's PoH and PoS mechanisms.
As a sovereign L1, Fogo targets institutional-grade use cases like high-frequency trading, gaming, and NFTs, where speed minimizes slippage and enhances user experience. Its native token, $FOGO, handles fees, staking, and governance, with community incentives driving adoption since its 2026 launch on exchanges like KuCoin. The ecosystem taps into Solana's tools and libraries, supporting Rust-based development.
Future plans include cross-chain bridges, privacy enhancements, and further Firedancer tweaks for scalability. Overall, Fogo evolves the SVM landscape, offering a fast, secure alternative for Web3 builders seeking performance without compromise.
For more, visit fogo.io.