[Fogo Updates FOGO Tokenomics: Institutional Investor Allocation Increased to 12.06%, 16.68% Allocated to the Community] Foresight News reports that the SVM L1 blockchain project Fogo has released an update to the FOGO tokenomics. Among the allocations, 16.68% will be distributed to the community (including Echo funding, Binance Prime sales, and airdrops, all categorized under this group), 12.06% will be allocated to institutional investors, 34% will go to core contributors, 21.76% will be allocated to the foundation, 7% will be distributed to advisors, 6.5% will be used for liquidity (previously categorized as 'Airdrops and Launch'), and 2% of the tokens have been burned.