@Fogo Official 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.
