Fogo's latest tokenomics is explosive! Community 16.68%, institutions only 12%! Presale canceled and switched to airdrop, officially announced on February 5th!@Fogo Official $FOGO #Fogo
Wow, brothers, Fogo's update is so intense! On January 13th, they first made the tokenomics public, raising the community portion directly to 16.68% (including Echo financing + Binance Prime + airdrops), while institutional investors only get 12.06%, with the remainder allocated to ecology, team, and reserves.
As a result, on February 5th, a major move was made—originally planned $20 million presale (accounting for 2% of total supply) was completely canceled, and all tokens were given to the community as airdrops, while also burning the original 2% intended for core contributors! This action directly writes 'Community First' in black and white!
The airdrop opened on January 15th, with about 22,300 addresses, averaging 6,700 FOGO per wallet, completely unlocked! OKX flash profit is also online, lock up OKB/BTC/ETH to share 10 million tokens. The query page claim.fogo.io has been online for a long time, and you can still claim now!
Why is this project worth the struggle? Because it's not just another 'storytelling' L1, it's a monster specifically built for on-chain trading. SVM + pure Firedancer, 54K TPS, sub-40ms block time, gas-free sessions + AA, making Web3 finally as user-friendly as Web2.
Consensus across multiple locations in Tokyo, with delays minimized, a fair execution mechanism directly eliminating MEV, and traders can finally sleep well!
The mainnet is now running hot, and Flames Season 2 is also in progress, with over 20 ecological projects: lending, perpetual, mining, gaming, and farming all covered.
The total project financing exceeds 20 million USD, with institutions like GSR and Selini Capital just increasing their investments, the foundation is incredibly solid!
This is not empty talk; it truly treats the community like God. Institutions take less, players take more, tokens are completely unlocked without lock-up pressure, and the ecological TVL and trading volume are about to take off!
Brothers, this narrative from Fogo directly combines 'speed + community + trading' into one. If it doesn't become the next hot topic, who will?