#fogo $FOGO is a crypto token name (ticker symbol). The word “Fogo” means fire in Portuguese, so many projects use it for branding (energy, speed, hype 🔥). Because crypto tickers are not unique, there can be multiple different tokens on different blockchains.
has announced an integration with LayerZero to significantly expand cross-chain interoperability and potentially grow its DeFi ecosystem over the next 12–18 months. Through LayerZero’s messaging infrastructure and OFT (Omnichain Fungible Token) standard, Cardano could gain technical access to over 160 blockchains and a pool of 400+ omnichain tokens representing more than $80 billion in market value. The approach avoids changing Cardano’s UTXO-based architecture and instead enables interoperability via cross-chain endpoints and messaging. The move aims to reduce long-standing friction that limited Cardano’s access to cross-chain liquidity. Developers would be able to build omnichain apps from , while users could more easily move stablecoins and other assets across networks. However, liquidity is not automatic. Real impact will depend on whether token issuers deploy on Cardano, stablecoin balances grow, and DeFi usage rises beyond its currently modest TVL and trading volumes.