From Fogo’s bold vision for traders to stFogo’s integration into Pyron, Fogo Fest at @kbwofficial Innovative Finance Day Seoul, and Jonathan Edwards joining the @FogoFoundation, here’s everything you need to know this week on @FogoChain.
🚨 New Expedition: Fogonomics Utility Challenge
Fogees, we have lots of brilliant minds and creatives in our community. Let’s put your creativity to work in this challenge.
Hypothetically speaking, If you had the ability to design the Fogo token utility, what would the Fogo token be used for? We want to know!
Here are two options
• Go serious with a compelling proposal
• Or go completely ridiculous, memetic, and lore-driven. It can be the most ridiculous usecase, have fun with it.
How to participate:
Create your ideas and follow the instructions in the comments.
‼️Acceptable formats
• Slides / graphics
• Doc proposal
• Tweet thread
• Blog / article
Three winners will be selected on 9/29.
Winners will earn a Ember stone.
🚨Instructions on how to submit in the comments.
I will Tell you why @FogoChain "lost" the hype it got in your words.
It's definitely not because of you bro.
It's because @thebookofjoey disliked the way the project was being farmed.
Fogo got a lot of farmers who botted tweets, grinded discord and overall contributed little to the project.
So Jowe did a clean up, to prioritize real community members who are here to stay and not just extract.
First thing he did
✓ Suspension of the Flames campaign, this drastically reduced the amount of bot replies @FogoChain's posts
✓ Introduced more Discord roles to identify real members and make role promotion merit-based. This separated the sheep from wolves.
✓ Did Role purging inactive members to foster activity and reward real members.
So don't worry, the reduction in hype is intentional, and so far they have Been building and launched at least 6 DApps.
Everything is going to plan.
gfogo.
slowly then all at once.
It's better to have a small community that will stick around after Mainnet, than a large community that won't.
How and why did @FogoChain lose all the hype it got Q2
Is it because I stopped tweeting or it just vanished.
Their nft is gonna be a good cope so try and get it
Will do my best to get some for my active supporters. No giveaway, lock tweet and all!!!
Airdrop from avantisfi for holding a @PytheniansNFT
If you had bought an NFT today - you would have already made 3x!
I sold the tokens for $1080 and here is how I am allocating the funds:
Step 1. Buying another Pythenians NFT for 2 SOL (~$420)
Step 2. Buying 4,177 PYTH tokens and putting them in deposit at 8% APR
And you - did you sell the tokens or put them into staking to get an additional 35%?
. @FogoChain Statistics💥
Fogo keeps pushing forward:
- 15 active validators
- 85 $FOGO in daily fees (today)
- Almost 10k TPS
- 39.2B+ total transactions
High performance of the leading blockchain ✍️
How can you contribute to @FogoChain ?
It’s simple: find your local community in DC, connect with other fogees, create art, share on Twitter, test the network, and most importantly, have fun.
The key is to build community, enjoy the journey, and learn from the Fogo ecosystem!
Perps drive DeFi growth, everyone knows that. The real fight is not AMMs vs CLOBs anymore, it is @HyperliquidX vs @FogoChain.
One built for speed and hype today, the other designed for fairness and institutions tomorrow. Let’s break down why this battle matters.
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