Quarterly BGB Burn: How to Participate in Governance
As the Morph ecosystem continues to grow, we remain committed to building a sustainable and community-driven future for BGB, our native token. One key pillar of this vision is the quarterly BGB token burn mechanism, designed to align token supply with measurable network usage while supporting long-term supply discipline.
For additional context on the evolution of BGB’s tokenomics and the introduction of this mechanism, please refer to our earlier post: Evolving BGB: Governance, Gas, and Growth on Morph.
What Are Quarterly BGB Token Burns?
Quarterly token burns are a deflationary mechanism that permanently removes a portion of BGB from circulation each quarter. This process is tied to verifiable network metrics, including protocol fees and ecosystem activity on Morph, and is executed in accordance with the network’s tokenomics framework.
Each quarterly burn is subject to approval by the community through governance voting. Over time, this establishes a consistent relationship between network performance and token economics, reinforcing supply discipline while aligning BGB with actual ecosystem usage. This mechanism builds on the updated BGB tokenomics and ensures that token holders participate in the network’s evolution in a transparent and decentralized manner.
How Governance Works on Morph
Governance on Morph enables BGB holders to participate directly in key protocol decisions, including the approval of quarterly token burns. Voting is conducted through a dedicated governance platform and does not require gas fees from participants.
Key features of the governance system include:
- 1 BGB = 1 Vote
Voting power is proportional to the amount of BGB held. - Multi-Chain Snapshot
Voting power accounts for BGB held in self-custodial wallets across both Ethereum (L1) and Morph (L2) at the snapshot block. - Simple Majority
Proposals are approved with more than 50 percent of votes cast in favor. - Voting Period
Each proposal remains open for voting for a period of 7 days. - Future Evolution
Over time, and subject to future governance approval, voting weight may increasingly favor BGB held natively on Morph.
How to Participate in Governance Votes
Participation in governance is open to all eligible BGB holders. Below is a step-by-step overview of how to take part in a governance vote:
- Hold BGB
Ensure that BGB is held in a compatible, self-custodial wallet that supports Ethereum and Morph networks, such as Bitget Wallet. - Visit the Voting Platform
Navigate to the official Morph governance voting platform. - Connect Your Wallet
Connect your wallet to authenticate. No gas fees are required to submit a vote. - Review the Proposal
Review the proposal details and the available voting options: For, Against, or Abstain. - Cast Your Vote
Submit your vote. Voting power is calculated automatically based on the BGB balance recorded at the snapshot block. - Stay Engaged
Participate in governance discussions through Discord to provide feedback and contribute to future proposals.
Each vote directly influences outcomes such as quarterly burn approvals and other protocol-level decisions. Active participation strengthens decentralization and ensures the protocol continues to evolve in line with community priorities.
Why This Matters for the Morph Ecosystem
Quarterly token burns and community governance reinforce BGB’s role as a utility-driven network token, grounded in measurable usage and transparent decision-making. Together, these mechanisms help align incentives across the ecosystem while ensuring that protocol-level changes remain accountable to the community.
We encourage all BGB holders to participate in governance, whether by voting, contributing to discussion, or building within the Morph ecosystem.
Morph Team