Lookonchain: Bitget has burned 220 million BGB and locked 220 million BGB to a new Wallet.

According to Foresight News, monitored by Lookonchain, BGB has completed a significant update, having burned 220 million BGB (worth approximately $1.09 billion), and will transfer another 220 million BGB (worth approximately $1.09 billion) to a new Wallet for locking. This move is related to the exclusive strategic partnership announced between Bitget and Morph. Morph will use BGB as its Gas and governance token, and the Morph Foundation will update the BGB Burn Mechanism, linking it to Morph network activities until the total supply of BGB is reduced to 100 million.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)