Fogo is easier to read as a trading venue design than as a chain narrative.
The thesis is simple: make cross chain movement feel like one continuous execution surface, where latency and finality are treated like product constraints, not marketing points.
That is why it leans into an SVM stack and even pulls in the Firedancer client plus a multi local consensus approach to keep the execution path tight when order flow gets messy.
But the incentive structure can cut both ways. Fogo has openly said some allocations are fully unlocked from day one and it also frames a burn component around 2 percent.
That helps liquidity show up fast, yet it also creates a real risk: when markets get stressed, fully available supply can turn into a velocity spike, and liquidity can become rental capital that disappears right when traders need depth the most.