Morph Foundation has announced a significant update to its BGB tokenomics, introducing a quarterly burn mechanism for its 220 million BGB tokens. The burn amount will be determined by network usage, ecosystem fees, average price, and community governance parameters. This initiative aims to create a deflationary path for BGB based on real-world usage. With the recent Viridian upgrade and EIP-7702 support, BGB can now be used as native Gas on the Morph network's Layer 2, marking it as one of the first ERC-20 tokens to achieve this functionality. The update enhances BGB's role in Gas, governance, and settlement, while facilitating its expansion into DeFi and PayFi ecosystems.