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Fogo Updates FOGO Tokenomics: Institutional Investor Allocation Increased to 12.06%, 16.68% to be Allocated to Community
Summary: According to reports, SVM L1 blockchain project Fogo has released an update on FOGO tokenomics. 16.68% will be allocated to the community (including Echo financing, Binance Prime sales, and airdrops), 12.06% will be allocated to institutional investors, 34% will be allocated to core contributors, 21.76% will be allocated to the foundation, 7% will be allocated ...
According to reports, SVM L1 blockchain project Fogo has released an update on FOGO tokenomics. 16.68% will be allocated to the community (including Echo financing, Binance Prime sales, and airdrops), 12.06% will be allocated to institutional investors, 34% will be allocated to core contributors, 21.76% will be allocated to the foundation, 7% will be allocated to advisors, 6.5% will be used for liquidity (originally 'airdrops and launches'), and 2% of tokens have been burned.
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Link: Fogo Updates FOGO Tokenomics: Institutional Investor Allocation Increased to 12.06%, 16.68% to be Allocated to Community [Copy]
