Fogo

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Fogo

Fogo

@fogo

Stop paying your (latency) taxes | The greatest onchain trading experience | SVM Layer 1

Katılım Nisan 2024
45 Takip Edilen158.6K Takipçiler
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Fogo
Fogo@fogo·
Me. You. And Flames Season 2? Starting today. 2% of the total genesis $FOGO supply, 200,000,000 tokens, is reserved for Flames Season 2. If you're not onchain, you're not on the leaderboard. Here's the deets
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Fogo
Fogo@fogo·
Fogo doesn't just solve a technical problem. It unlocks a product category the industry has been trying to build for years.
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Fogo
Fogo@fogo·
Products that couldn't work on-chain before now can. Deep limit order books. Real-time liquidation engines. Autonomous trading agents.
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Fogo
Fogo@fogo·
The ceiling: execution speed. On-chain order books can't compete with CEX matching engines because blocks are too slow. At 12-second Ethereum blocks, limit orders are almost theoretical. At 400ms Solana blocks, you can build something real but it's still constrained.
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Fogo@fogo·
For dApp developers: this removes the top friction point in user onboarding. For users: on-chain starts feeling like web2. fogo.io/fogo-sessions
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Fogo@fogo·
When the session ends, control returns fully to the user. The paymaster can no longer execute on their behalf.
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Fogo@fogo·
Current flow for any on-chain action: Connect wallet. Approve transaction. Confirm gas. Wait for block. Action completes. For every single action.
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Fogo@fogo·
CEX matching engines have always been co-located. Fogo brings that physical architecture to a programmable, non-custodial chain.
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Fogo@fogo·
Fogo accepts that tradeoff for the performance gain. The target use case is high-performance trading, not maximally distributed consensus.
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Fogo
Fogo@fogo·
Light travels through fiber at roughly 200,000 km/s. A message from New York to London takes ~35ms just for photons to make the trip. For consensus requiring multiple message rounds: you're at 100ms+ before any computation happens.
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Fogo@fogo·
@Pyronfi 🔥(aware that this is the MOST OBVIOUS REPLY EVER)
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Pyron
Pyron@Pyronfi·
Fire Mode is now live on Pyron! Some assets move together, Treating them like separate markets makes no sense. Fire Mode unlocks: • Higher LTV • Higher liquidation threshold • Better capital efficiency Time to turn up the heat!
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Fogo
Fogo@fogo·
CEX matching engines have always been co-located. Fogo brings that physical architecture to a programmable, non-custodial chain.
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Fogo
Fogo@fogo·
Fogo accepts that tradeoff for the performance gain. The target use case is high-performance trading, not maximally distributed consensus.
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Fogo
Fogo@fogo·
Light travels through fiber at roughly 200,000 km/s. A message from New York to London takes ~35ms just for photons to make the trip. For consensus requiring multiple message rounds: you're at 100ms+ before any computation happens.
Fogo tweet media
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