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ETH $2,366.23 +2.35%
BNB $635.29 +1.01%
XRP $1.42 -1.03%
SOL $85.82 -0.62%
TRX $0.3239 -0.07%
DOGE $0.0977 -0.55%
ADA $0.2497 -0.50%
BCH $453.60 +0.14%
LINK $9.32 -0.77%
HYPE $41.27 -0.02%
AAVE $93.95 -0.59%
SUI $0.9480 +1.43%
XLM $0.1703 -1.80%
ZEC $355.96 -0.66%

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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