TechFlow news — On February 14, according to official announcements, Bitget Wallet, a leading global Web3 wallet, revealed an expansion of the Bitget Token (BGB) ecosystem and launched a new on-chain staking program offering higher yields than centralized staking, while enhancing fund autonomy and privacy security. The first limited-time staking event will be open from February 14 at 20:00 to February 21 at 20:00 (UTC+8), with a total pool size of 350,000 BGB. Users can participate in the 90-day staking campaign via Bitget Wallet or Bitget Exchange, enjoying a fixed annual yield of 5% and a limited reward of 20,000 Morph Points incentive points.
BGB is accelerating its expansion into both on-chain and real-world applications, focusing on three core areas: decentralized trading, staking for yield, and payments. Users can now pay multi-chain gas fees with BGB, simplifying on-chain interactions; stake BGB to earn passive income; and enjoy cashback and VIP benefits through the Bitget Wallet Card. Over the past two months, BGB’s price has surged by 320%, reflecting strong market demand. Starting in 2025, the platform will conduct quarterly buybacks and burns of BGB to strengthen its deflationary mechanism.
