**[Fogo Launches Mainnet Performance Testing Project Fogo Fishing]** BlockBeats news, on December 6, SVM Layer1 blockchain project Fogo announced the launch of Ecosystem Points Program 1.5 and the mainnet performance testing project Fogo Fishing. Through on-chain fishing simulations, the project aims to test high-frequency trading and throughput on the mainnet. The event will last approximately two weeks, during which several random snapshots will be taken. Fogo will airdrop rewards to users participating in fishing activities on Fogo Fishing and LP activities on Valiant Pools. Currently, the TPS of the Fogo Fishing project has exceeded 1000. Previously reported, on January 25, 2025, SVM L1 Fogo completed an $8 million funding round at a $100 million token valuation on the investment platform Echo, led by The Echonomist, with participation from 4 CMS Holdings, Big Brain Collective, and Patrons. In December 2024, Fogo completed a $5.5 million seed round, with Distributed Global leading the $5 million investment. Fogo's co-founder is former Jump Crypto executive Robert Sagurton.