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Gate Launchpool will open the 354th Launchpool, launching the Fogo (FOGO) project. Users can stake BTC, GUSD, or FOGO tokens to share 2,000,000 FOGO tokens for free, with rewards automatically distributed to spot accounts every hour. The mining period is from 22:00 on January 15, 2026, to 22:00 on January 22, 2026 (UTC+8), with 100% of rewards unlocked.
Fogo is a new generation Layer 1 public chain designed for an ultimate on-chain trading experience. The proportion of user staked assets will determine the reward distribution ratio per hour. The platform supports users staking in advance to lock assets before the official mining begins to earn rewards.
Additionally, users who stake BTC and then redeem and transfer assets into the YubiBao 7-day fixed-term product can receive an extra 50% airdrop bonus on top of the original staking rewards. Users staking GUSD can enjoy minting rewards, automatically distributed daily.