#fogo $FOGO
Fogo Coin's project burning refers to the process of permanently removing tokens from circulation, which can help increase the value of the remaining tokens. According to the tokenomics, 2% of Fogo's total supply has been burned. The burning process is part of the project's strategy to manage token supply and create a deflationary effect.¹ ²
Fogo Coin has a total supply of 10 billion tokens, with approximately 3.77 billion tokens currently unlocked. The project has a vesting schedule, with allocations to Core Contributors, Foundation, Echo Raises, Institutional Investors, Advisors, Airdrop and Launch, Metaplex Sale, and Burned.
The next unlock for Fogo is scheduled for September 26, 2026, releasing tokens to Advisors.
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