Gameworior

Fogo (FOGO) is a Layer 1 blockchain project built for DeFi applications, focusing on speed and low latency. It uses Solana's architecture and implements multi-local consensus to achieve minimal latency. With full compatibility with the Solana Virtual Machine (SVM), Fogo allows developers to easily port Solana applications.

Fogo has a total supply of 9.95 billion FOGO tokens, with 3.77 billion tokens currently in circulation. The current price of FOGO is around $0.0223 USD, with a 24-hour trading volume of $29.6 million USD. Fogo is not mineable and uses a Proof of Stake (PoS) consensus mechanism [1][2][3].

Fogo offers several interesting features, including:
- *High speed*: Fogo achieves transaction finality in under 40ms and can handle up to 450,000 transactions per second.
- *Solana compatibility*: Fogo allows developers to easily port Solana applications.
- *DeFi ecosystem*: Fogo has several live DeFi applications, including Valiant (DEX), Pyron and Fogolend (lending protocols), and Brasa (liquid staking).

Fogo can be traded on several cryptocurrency exchanges, including Binance, Bybit, and Gate. Its current market capitalization is around $84 million USD, with a ranking of #188 on CoinCarp [1].

Would you like to know more about Fogo, such as how to buy or store FOGO tokens, or maybe about the DeFi ecosystem built on Fogo?
#fogo