A New Era for Morph with BGB as the Native Token

We are entering an exciting new era for Morph, with Bitget committing its ecosystem to Morph, positioning it as the dedicated settlement layer for Web3, PayFi, and the future of Onchain Consumer Finance.

BGB will serve as the native token of the Morph chain, powering all gas, governance, and settlement across the ecosystem. This alignment brings together Bitget Exchange, Bitget Wallet, and Morph into a unified foundation for payments and consumer finance onchain.We know you may have questions. Here’s what you need to know:

Frequently Asked Questions

1. Will there still be community campaigns and rewards?
   Yes. Campaigns and rewards will continue, with payouts in BGB. Some existing initiatives will be adapted, and new ones introduced. Detailed plans will follow.
   
2. What additional value and capabilities will BGB gain through Morph?
   BGB will be applied across all major onchain scenarios on Morph, including gas, governance, settlement, and payments. Future features such as community governance, staking, and privacy-enhancing payment technologies will further expand BGB’s role in DeFi, PayFi, and other onchain utilities.
   
3. What will happen to Morph Hub?
   Thank you to everyone who participated in Morph Hub and brought so much energy to the platform. Morph Hub will be paused for now, and updates on its future will be shared with the community.
   
4. What will happen to the Mainnet, Morph Zoo, and Zootosis campaigns?
   Contributions from these campaigns will be recognized. Every participant will be honored, with more information to be announced later.
   
5. What will happen to Bantr?
   Bantr will continue as its own initiative. Existing and upcoming campaigns will remain active with added ecosystem support from the very active BGB community.
   
6. What will happen to the Morph Creators Program?In this new chapter, Morph will need its Creators now more than ever, so the Morph Creators Program will continue with a refreshed structure and expanded opportunities for contributors within the ecosystem. We will also release further details outlining BGB onboarding for our most active Creators.
   
7. What will happen to Morph Black and Morph Platinum?
   A redemption program will be introduced to ensure holders retain their original mint value and have unique new opportunities to participate in Bitget Wallet’s robust card and payment ecosystem. Specific details will be communicated directly to cardholders.
   
8. What will happen to Morph Points?
   Morph and Bitget both value the tremendous level of support that the community has provided through the various rounds of points and will create a program to onboard Morph Points participants into the BGB ecosystem, and intend to recognize the existing points that the community has accumulated. Rewards will be transitioned into BGB, with a structured plan to be announced. More details will be shared with the community.
   
9. What will the future of Morph look like?
   Morph will continue to evolve as the settlement layer for PayFi and Onchain Consumer Finance. With Bitget putting its full ecosystem behind the chain, Morph is positioned to scale global payments, empower developers, and become a core part of Web3’s financial infrastructure.
   
10. What will this mean for BGB?
    BGB is entering a new chapter and finally has its own native onchain home. It will serve as the gas and governance token of Morph, anchoring all core onchain activity. With the transfer of 440 million BGB to the Morph Foundation, including the immediate 220 million burn, BGB gains expanded utility across Layer 2 infrastructure, consumer payments, governance, and ecosystem rewards.
    
11. How will Bitget’s backing support Morph going forward?
    Bitget and Bitget Wallet are positioning Morph as the foundational infrastructure for its PayFi strategy, which aligns very closely with Morph’s vision for Onchain Consumer Finance. This includes introducing more global payment providers, stablecoin issuers, and ecosystem partners, as well as aligning Bitget Exchange, Bitget Wallet, and Morph under a unified settlement layer.
    
12. Will Morph still issue a token?
    No. Morph will not issue a separate token. BGB will serve as the native gas, governance, and settlement token of the Morph chain under the oversight of the Morph Foundation.
    
13. Will there be changes to the Morph team or development direction?
    The core Morph team will remain in place, and Morph will retain its brand, focusing on scaling adoption, expanding partnerships, improving performance, and driving developer growth.
    
14. Wasn’t Morph already working with Bitget? How is this different?
    Yes. Bitget has been an early supporter and investor in Morph, and BGB had already been connected to the ecosystem. What is different now is the scale and commitment. With the full transfer of 440 million BGB to the Morph Foundation and Bitget’s ecosystem aligned behind it, Morph is becoming the dedicated settlement layer for BGB, payments, and onchain consumer finance.
    
15. What happened between Bitget and Morph?
    Bitget has entered into an exclusive strategic partnership with Morph, fully backing the chain and positioning it as the settlement layer for its Web3 and PayFi strategy. As part of this move, Bitget is transferring 440 million BGB tokens to the Morph Foundation. 220 million BGB will be burned immediately, and the remaining 220 million will be released gradually to support liquidity incentives, ecosystem growth, and education.
    
16. How will the community be updated?
    Clear updates on Morph Points, Morph Black and Platinum, Morph Creators, Bantr, Morph Zoo, Zootosis, and other programs will be shared through official channels, including 𝕏, Discord, and Telegram.