X @Lookonchain

Tokenomics Update - 220 million $BGB tokens, valued at $1.09 billion, have been burned [1] - An additional 220 million $BGB tokens, also valued at $1.09 billion, have been transferred to a new wallet for locking [1] - The Morph Foundation will update the BGB burn mechanism, linking it to Morph network activity, aiming to reduce the total BGB supply to 100 million [1] Strategic Partnership - Bitget and Morph have announced an exclusive strategic partnership [1] - Morph will adopt $BGB as its gas and governance token [1]