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BTC $75,823.09 -0.16%
ETH $2,266.67 -0.38%
BNB $617.10 -0.81%
XRP $1.37 -0.34%
SOL $83.15 -0.23%
TRX $0.3230 -0.08%
DOGE $0.1019 +2.57%
ADA $0.2433 -1.00%
BCH $446.87 +0.24%
LINK $9.09 -1.20%
HYPE $39.59 +0.23%
AAVE $94.04 -2.42%
SUI $0.9020 -1.77%
XLM $0.1601 -1.83%
ZEC $319.79 -4.40%

The Morph Foundation has burned 220 million BGB and locked 220 million BGB in an independent address of the foundation

2025-09-04 21:37:10
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ChainCatcher news, the Morph Foundation has announced the permanent destruction of 220,000,000 BGB, all recorded on-chain.

At the same time, another 220 million BGB has been locked in an independent address of the Morph Foundation, with 2% unlocking each month over the next 50 months. The Morph Foundation will transfer BGB from the Ethereum chain to the Morph chain.

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