Yeliz Akmaca 
Bitget has positioned $BGB as the gas and governance token on Morph Chain; half of 440 million tokens will be burned, and the rest will be locked.
BGB & Morph Ecosystem Integration
Bitget transferred all 440 million BGB tokens held by its team to the Morph Foundation. According to the BGB whitepaper, 300 million tokens were reserved for the ecosystem, while 140 million were allocated for team incentives. This partnership makes BGB the primary gas and governance token on Morph Chain.
The Morph Foundation will burn 220 million BGB tokens immediately. The remaining 220 million will be locked, with 2% released each month to support liquidity incentives, ecosystem expansion, education, and awareness about BGB.
BGB will now play a central role in the Morph ecosystem. The token will be used for Launchpool token mining, fee discounts, and other applications. Existing partnerships with exchanges and wallets will continue.
Morph Chain Performance Upgrade
Since its launch in 2023, Morph has attracted institutional investors including Dragonfly Capital and Pantera Capital. The chain has developed developer-focused tools like Morph Rails and retail payment solutions such as Morph Pay and Morph Black, quickly emerging as a promising public chain.
The Morph Foundation will oversee the BGB development roadmap. Morph Chain aims to increase transaction throughput and reduce gas fees, positioning itself among the top five public chains.
Bitget and Bitget Wallet will adopt Morph as their payment infrastructure and PayFi settlement layer. Additionally, stablecoin issuers and global payment providers will join the ecosystem. Morph’s mainnet launched in Q4 2024, achieving a peak TVL of over $150M.
Blockchain developers are invited to join Morph to build high-performance, low-latency Web3 payment applications. This initiative enables daily payments to be fully on-chain. Detailed information is available on the Morph Developer Portal.
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