In a major update for $BGB, 220M $BGB($1.09B) has been burned, and another 220M $BGB($1.09B) has been transferred to a new wallet for locking.

This comes as Bitget (@bitgetglobal) and Morph(@MorphLayer) announce an exclusive strategic partnership.

Morph will adopt $BGB as its gas and governance token, and The Morph Foundation will update the BGB burn mechanism, linking it to Morph network activity, until the total BGB supply is reduced to 100M.

https://etherscan.io/tx/0x4e47cc42f95101631c35a97b4f4228280c8653ce6ae2425c732b31be1a3acf8e

https://etherscan.io/address/0x6ef3c37b4640beecdc1c4ba95d589fda55d7cd12#tokentxns

https://www.bitget.cloud/support/articles/12560603836781

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