火星财经消息, 由前华尔街高管创建的 Layer 1 区块链 Fogo 于周二宣布，其公测网正式上线。Fogo 旨在在不牺牲去中心化与可组合性的前提下，将传统金融的执行速度引入去中心化金融领域。团队表示，Fogo 网络可实现 40 毫秒区块时间，并通过原生基础设施和垂直整合，为链上交易产品提供独特优势。其他创新还包括减少 MEV 风险、实时交易执行的共址节点架构，以及基于会话的账户管理体验提升。Fogo 计划率先完整部署 Firedancer 验证器客户端，目前已采用 Frankendancer 混合客户端，并将逐步过渡至 Firedancer。（The Block）

<div>火星财经消息, 由前华尔街高管创建的 Layer 1 区块链 Fogo 于周二宣布，其公测网正式上线。Fogo 旨在在不牺牲去中心化与可组合性的前提下，将传统金融的执行速度引入去中心化金融领域。团队表示，Fogo 网络可实现 40 毫秒区块时间，并通过原生基础设施和垂直整合，为链上交易产品提供独特优势。其他创新还包括减少 MEV 风险、实时交易执行的共址节点架构，以及基于会话的账户管理体验提升。Fogo 计划率先完整部署 Firedancer 验证器客户端，目前已采用 Frankendancer 混合客户端，并将逐步过渡至 Firedancer。（The Block）</div>

Fogo推出高性能Layer 1 SVM链公测网，区块时间40毫秒

<Mars Finance> News, a Layer 1 blockchain Fogo, established by former Wall Street executives, announced on Tuesday that its public test network is officially online. Fogo aims to introduce traditional financial execution speed to the decentralized finance sector without sacrificing decentralization and composability. The team stated that the Fogo network can achieve a 40-millisecond block time and provide unique advantages for on-chain trading products through native infrastructure and vertical integration. Other innovations include reducing MEV risks, co-located node architecture for real-time transaction execution, and an enhanced session-based account management experience. Fogo plans to be the first to fully deploy the Firedancer validator client, currently using the Frankendancer hybrid client, and will gradually transition to Firedancer. (<The Block>)

<div>Mars Finance News: Fogo, a Layer 1 blockchain created by former Wall Street executives, announced on Tuesday that its public test network is officially online. Fogo aims to bring traditional financial execution speed to the decentralized finance sector without sacrificing decentralization and composability. The team stated that the Fogo network can achieve a 40-millisecond block time and provide unique advantages for on-chain trading products through native infrastructure and vertical integration. Other innovations include reducing MEV risks, co-located node architecture for real-time transaction execution, and an improved session-based account management experience. Fogo plans to be the first to fully deploy the Firedancer validator client, currently using the Frankendancer hybrid client, and will gradually transition to Firedancer. (The Block)</div>

Fogo launches high-performance Layer 1 SVM chain public beta network with a block time of 40 milliseconds

Original text from Prince
Compiled by Odaily Odaily Golem (@web 3_golem)
The failure of fixed-rate lending in the crypto space is not simply because DeFi users reject it. Another reason for its failure is that DeFi protocols designed their credit products using money market assumptions and then deployed them into a liquidity-driven ecosystem; the mismatch between user assumptions and actual capital behavior keeps fixed-rate lending a niche market.
Fixed-rate products are unpopular in the crypto space. Currently, almost all mainstream lending...

Why do DeFi users reject fixed interest rates?

Next Week's Key Preview

December 22nd

Aster: Phase 5 airdrop will begin on December 22nd and last for 6 weeks;

Espresso will open airdrop registration on December 22nd;

December 23rd

The U.S. Bureau of Economic Analysis will release third-quarter GDP data on December 23rd;

December 24th
U.S. and European stock markets will be closed for Christmas, and whether a "Christmas rally" will materialize remains uncertain;

The U.S. will release initial jobless claims for the week ending December 20th;...

Must-watch items next week: US Bureau of Economic Analysis to release Q3 GDP data; Aster launches fifth phase of airdrop (December 22-28).

Sean Farrell, Fundstrat’s director of cryptocurrency strategy, responded in a written statement to criticism that his market views within the firm did not align with Tom Lee’s.
Farrell argued that Fun...