Fogo’s token is fuel when it’s doing real work—paying fees, backing staking security, and carrying governance—and that work shows up in everyday mainnet activity (the public mainnet went live Jan 15, 2026).
It turns into a burden when growth relies on making the token disappear. Gas sponsorship can make UX feel “free,” but it also loosens the link between usage and token demand—because someone still covers the cost.
Then there’s supply pressure: Fogo says about 63.74% of genesis supply is locked, unlocking over four years. That can help alignment, but it also creates a schedule traders track.
