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.

The upcoming Metaplex sale expands this reach. It offers a further portion of tokens to the public. Consequently, the community owns a larger share of $FOGO than traditional investors.

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 (11.25%) The Echo Raise and Metaplex sale combine to form the community ownership category.. This ensures community members hold more tokens than institutional investors.

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

• Echo Raises (9.25%): These tokens are fully locked at TGE. Echo unlocks over 4 years from 26 Sep 2025 with a 12-month cliff.

• Metaplex Sale (2%): We have allocated 2% of the total supply for this sale. Tokens unlocked January 13th. Any unsold tokens return immediately to the Foundation.

Institutional Investors (8.77%) Tokens are fully locked. Institutional Investors unlock over 4 years from 26 Sep 2025 with a 12-month cliff. 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 (30.38%) This allocation funds grants, incentives, and ecosystem programs. These tokens are fully unlocked. The Foundation uses its treasury to support builders, drive growth and distribute rewards to ecosystem participants.

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.

Airdrop and Launch (6.6%) Tokens are fully unlocked. This provides liquidity across exchanges and ensures stable market conditions. The airdrop rewards early community members.

Burned (2%). Burned amount thus far.

Summary

At launch, 59.02% 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 38.98% is unlocked at launch and 2% is burned. This flows to the Foundation, grants, airdrops, liquidity, and the Metaplex sale. This structure rewards active participants and grants the community meaningful ownership immediately.