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Fogo just unveiled its tokenomics structure and mainnet launch roadmap. Here's what's on the table:
The project allocated 6% of total supply for community airdrops, with 1.5% hitting wallets at Token Generation Event. A solid chunk—36% of the token supply—unlocks right at TGE, signaling confidence in early momentum.
Notably, there's a presale via major wallet platforms targeting 2% of tokens at a $350M valuation, with full unlock at TGE. This positions early supporters to benefit immediately from network activation.
What caught attention: FOGO functions as the network's gas token while offering staking opportunities for yield generation. That dual utility—covering transaction fees while rewarding long-term holders—creates natural incentive alignment within the ecosystem.