Fogo updates FOGO tokenomics: the allocation ratio for institutional investors is raised to 12.06%, and 16.68% will be allocated to the community

SVM L1 blockchain project Fogo has released an update on the FOGO tokenomics. Of this, 16.68% will be allocated to the community (including Echo financing, Binance Prime sale, 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 launch"), and 2% of the tokens have been burned.