#Fogo

$FOGO is the native cryptocurrency of @Fogo Official , a high-performance Layer-1 blockchain built to run on the Solana Virtual Machine (SVM) with ultra-low latency and very fast block times (~40 ms) for real-time trading and DeFi applications.

Key points:

Network role: $FOGO is used to pay transaction (gas) fees, stake to secure the network, and participate in ecosystem incentives and governance.

Performance focus: The chain aims for high throughput, fast finality, and reduced friction for on-chain trading and decentralized finance.

Tokenomics: There’s a fixed supply of 10 billion FOGO tokens, with portions allocated to the community, core contributors, foundation, and other stakeholders under long-term vesting.

Market status (early 2026): FOGO began trading on major exchanges like Binance with a volatile price typical of newly listed tokens.

In short, FOGO is both the utility token and economic heart of a Solana-compatible blockchain built for extremely fast DeFi and trading use cases.