🔸 Today @ FogoChain launched a public testing network. 👇 I have written a project brief, which includes a basic introduction, financing background, testing network experience, Flame points, and other participation methods. 🧐 Basic Introduction Fogo is a Layer1, characterized by low latency and high throughput. It is therefore regarded as a 'higher performance Solana', with its selling point being 'transaction speed'. Due to SVM compatibility, Dapps on Solana can seamlessly migrate to Fogo. Let's take a look at how many SOL applications will migrate over in the future, which is one of the criteria for judging their future potential. 🪙 Financing background In December 2024, Fogo completed a $5.5 million seed round, led by Distributed, with a valuation of $100 million. In January 2025, it raised another $8 million through the Echo community round, with a valuation of $100 million. The two co creators of Fogo are @ RobertSagurton and @ 0xdoug. The former previously worked at Jump Crypto, while the latter currently serves as a co creator for Environmental. In addition, @ mdomcahill is also one of the core contributors to Fogo and the CEO of @ PythNetwork. Therefore, the @ ambient_finance in the Fogo ecosystem can be given special attention; There may also be benefits for PYTH stakers. 🧵 Test Network Experience Perhaps due to the recent launch of the testing network, there are currently very few things that can be interacted with, and the interaction experience is also average. ▪️ You can use SOL wallet, but it is difficult to access water: https://faucet. ((fogo.io))/ ▪️@ ValiantTrade Dex has been unable to refresh when making Swap: https://valiant.trade/ ▪️@ The UI of FluxBeam DEX trading platform is too complex: https://fogo.fluxbeam.xyz/ ▪️ Perps Dex @ ambient_finance and lending protocol @ Pyroffi have not been launched yet. However, if your goal is an airdrop, you may be disappointed because Fogo Lianchuang @ RobertSagurton publicly stated in May that the testnet "has no incentives". 🔥 Flame Plan Fogo launched a Flame Points program a few months ago. At that time, users could earn points by depositing money for trading, staking Pyth tokens, and being socially active on Environment. However, the S1 season has already ended, and there will be the S2 season next: https://www. ((fogo.io))/flames Since the testing network clearly does not have incentives, will Flame points be more important? 👾 Other ways of participation ▪️ Pythenian and Pudgy penguins NFT holders can obtain DC characters. ▪️ Carefully fill out the Dapp feedback form, participants will receive 🧪 Testnet Warrior character: https://docs. (google.com)/forms/d/e/1FAIpQLSfFBfzZhbL-PwvJtgBVja83l66pz09qH-KzqhcS-2FHTHc3Ng/viewform ▪️ Reporting bugs on the testing website may have potential benefits: https://dyno.gg/form/7b191b2b For now, let's do it this way. We will follow up on any updates worth writing about in the future.