Bitget announcement shows that in order to improve the compliance and transparency of BGB and destruction plans, while better empowering the BGB ecosystem, Bitget Token (BGB) will update and upgrade the destruction plans. Under the new rules, the quarterly destruction number of Bitget Token (BGB) will be linked to the “on-chain Gas Fee”. The new destruction mechanism is based on the actual use scenarios of BGB and ensures community transparency. The "total amount of BGB used for Gas fees in the quarter" is publicly verified on the chain. Based on the destruction rule, 30,006,905 BGB will be destroyed in the first quarter of 2025, accounting for approximately 2.5% of the total supply. The corresponding number of BGB will be hit to the destroyed address and the records on the chain will be published after completion. CoinMarketCap data shows that BGB has a market value of approximately US$5 billion, ranking 25. Currently, the total supply is about 1.2 billion pieces, and it is in full circulation state of 100%. Bitget CEO Gracy Chen said: BGB is becoming an important bridge connecting centralized and decentralized ecology. By linking the destruction mechanism to actual on-chain use, the quarterly destruction number of BGB will change dynamically with real use. This update not only incentivizes wider use, but also builds a more transparent and sustainable token economic model. As the role of BGB in the on-chain ecosystem continues to expand, the destruction mechanism will also be more sustainable.