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SOL $75.84 +0.65%
TRX $0.3313 -0.03%
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SUI $0.6761 -0.30%
XLM $0.1580 +0.22%
ZEC $513.91 +3.97%
BTC $63,819.44 +1.23%
ETH $1,903.82 +1.18%
BNB $606.48 -0.12%
XRP $1.00 +0.22%
SOL $75.84 +0.65%
TRX $0.3313 -0.03%
DOGE $0.0702 +0.41%
ADA $0.1744 -1.04%
BCH $204.39 +0.06%
LINK $9.52 +1.80%
HYPE $59.43 +3.98%
AAVE $87.94 +1.54%
SUI $0.6761 -0.30%
XLM $0.1580 +0.22%
ZEC $513.91 +3.97%

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

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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