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To participate in Flame Season 2 of the Fogo ecosystem, I personally utilized Valiant, a key protocol within the ecosystem. I used Backpack Wallet, which offers excellent visibility for Fogo assets, and utilized Fogo's USDC. 1. Deposit Process and Bridging Workflow The first feature encountered when using Valiant is the path for assets to move between chains. • Necessity of Cross-Chain Bridging: Currently, to use assets as trading assets on Valiant, a process of bridging Fogo's USDC to the Solana chain's USDC must be completed beforehand. While the inability to make immediate deposits within the native chain can be somewhat cumbersome, the UI appeared to prioritize convenience as much as possible. • Swap Convenience: If you hold a small amount of SOL and FOGO during the deposit process, the system automatically supports the swap within the deposit procedure. From a user's perspective, I believe the bridging process is designed to be very smooth. 2. Trading Experience • It was impressive that it supports over 200 trading pairs, despite being an early-stage protocol. • Maximum leverage is set differentially for each pair, taking volatility into account. This appears to be a mechanism designed to ensure protocol stability and protect traders' assets. • Swap and order execution speeds were very smooth, making it easy to respond to real-time volatility. • Trading volumes for both spot and futures can be viewed intuitively, along with rankings. **Areas for Improvement** While the overall UI/UX is decent, there are two areas for improvement from a user's perspective. • Deposit Path Optimization: The fact that transactions must go through the Solana chain despite using Fogo-based assets is an area that needs improvement through the expansion of native features in the future. • Liquidity Transparency (Orderbook): Currently, there is no separate orderbook visualization, making it difficult to identify exact liquidity providers or execution paths. I believe that the introduction of an orderbook UI would create a more reliable trading environment. #fogo #ad

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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