Fogo was founded on a simple belief: true decentralization and high performance can exist together. The mission is to build the most performant SVM Layer 1, proving that speed, scalability, and community ownership can align without compromise.

From day one, Fogo has focused on delivering real performance. The network launches with a custom Firedancer client optimized for stability and speed. Validators operate in high-performance infrastructure centers to ensure uptime and resilience. Builders can deploy permissionlessly and co-locate next to validators, creating a level playing field for performance.

$FOGO follows a simple principle: build for now, design for the future. The token aligns builders, contributors, and the community. It links participation to long-term success.

A Community-Led Approach to Building an L1
Most Layer 1 networks rely on venture capital. Fogo chose a community-first path. The Echo Raise distributed ownership directly to early supporters.

Utility & Value Accrual
$FOGO drives the network economy. The token links ecosystem growth directly to value accrual through three primary mechanisms:

• Network Gas: $FOGO is the native fuel for transactions. dApps can sponsor these costs, offering users a seamless, gas-free experience.

• Staking Yield: Token holders and validators earn native yield for securing the network.

• The Fogo Flywheel: The Foundation supports high-impact projects built on Fogo through grants and investments. In return, partners commit to a revenue-sharing model that directs value back to Fogo. Several agreements are already in place, cementing value accrual not just as a feature, but as a central pillar of the Fogo thesis.

Token Distribution

Community Ownership (16.68%) The Echo raise, Binance Prime Sale and Airdrop are combined into the Community Ownership category. We consolidated these allocations to prioritize active participants, bringing together capital raised via Echo and Binance with the Airdrop allocation.

Two raises were completed on Echo: $8M at a $100M FDV and $1.25M at a $200M FDV across approximately 3200 participants.

• Echo Raises (8.68%): These tokens are fully locked at TGE. Echo unlocks over 4 years from 26 Sep 2025 with a 12-month cliff.

• Binance Prime Sale (2%): These tokens are fully unlocked.

• Community Airdrop (6%): Tokens are fully unlocked. 6% of the genesis supply is allocated to the Airdrop.

  • Jan 15th distribution (1.5%): 1.5% will be distributed at public mainnet launch, rewarding early community members and initial network engagement.

  • Future Rewards (4.5%): The remaining 4.5% is reserved for continued promotional campaigns to support the healthy adoption of Fogo mainnet. 

Institutional Investors (12.06%) Tokens are fully locked. Institutional Investors unlock starts from 26 Sep 2026. This structure maintains decentralization and aligns early investors with Fogo’s long-term success.

Core Contributors (34%) Core contributors hold 34% of the supply. Tokens are fully locked. Core contributors unlock over 4 years from 26 Sep 2025 with a 12-month cliff. This structure ensures steady funding for technical progress and aligns the team with long-term success.

Foundation (21.76%) This allocation funds grants, incentives, and ecosystem programs. These tokens are fully unlocked. The Foundation uses its treasury to support builders and sponsor ecosystem rewards or incentive programs.

Advisors (7%) Tokens are fully locked. Advisors unlock over 4 years from 26 Sep 2025 with a 12-month cliff. This rewards strategic support and sustained contribution.

Launch Liquidity (6.5%) (Formerly "Airdrop and Launch"). Tokens are fully unlocked to support third party liquidity provisioning at launch.

Burned (2%). Burned amount thus far.

Summary

At launch, 63.74% of the Genesis $FOGO supply is locked. These tokens unlock gradually over four years. This aligns contributors, investors, and the community with the network’s future.

The remaining 36.26% is unlocked at launch and 2% is burned. This flows to the Foundation, grants, airdrops, and liquidity. This structure rewards active participants and grants the community meaningful ownership immediately.