#fogo $FOGO 🔥 WEEKLY SUMMARY OF FOGO
Another amazing week for @fogo.
The more people participate in staking, the more value is locked. The more opportunities to generate direct profits on-chain.
Here are the highlights:
► Direct staking from Nightly
Now you can stake $FOGO and mint $iFOGO directly from your Nightly wallet.
No additional intermediary steps needed.
Still maintain liquidity while continuing to receive staking rewards.
► 160 million FOGO locked on Ignition
The iFOGO campaign has locked 160 million FOGO — equivalent to 1.6% of the total initial supply.
In just one week:
• 📈 TVL increased by 39%
• 👥 Over 1,360 new users joined staking
Strong growth — and the ecosystem is still in its early stages.
► The launch lock campaign has been completed
The 6-month lock program has ended with impressive results:
• Base APY over 24%/year
• 💰 25 million USD locked
• 🔒 868 vaults
• 🎁 Additional 50% rewards upon unlocking tokens
• ⚡ 3x DeFi multiplier
📅 Tokens will be unlocked on 14/08/2026.
► Brasa exceeded 2 million USD in staking
Brasa has now attracted over 2 million USD in staking value.
The demand for liquid staking on Fogo continues to grow steadily.
► “Diamond Hand” offer from Brasa
From 14/02 to 13/08, if you hold and use stFOGO continuously during this period, you will receive:
✨ An additional 50% FOGO rewards
You can:
• Hold
• Provide liquidity
• Use in DeFi
Just don't swap back to FOGO during the program period.
► Optimize profits with Pyron
Use one application — or multiple strategies at the same time.
Pyron allows a capital to earn rewards from various sources.