Joined: 10 Dec 2020
Total posts: 1394
|Posted: Tue Aug 09, 2022 6:23 pm Post subject: BFG token Price, Charts & Trading Info | BetFury
|BetFury’s utility token BFG is certified by the leading blockchain security company CertiK being popular among users for its security and reliability. The token was released on top of the Binance Smart Chain (BSC) blockchain network under the BEP20 token standard.
BFG features a distinct mining solution, staking opportunities and placing bets. BFG token holders get a part of the BetFury platform profit from their staking pool. The BSC-based BEP-20 token is listed on Biswap, ApeSwap, BabySwap, Cointiger, Hotbit, PancakeSwap, Coinsbit, and Coin98.
The total emission is 5 billion BFG with currently in circulation close to 2.5 billion. Users can stake and unstake tokens according to their needs and preferences. At the moment, 2.3 billion have been staked while close to 140k is unstacked.
Users can earn BFG tokens by playing different games at BetFury. This is a unique way of mining the token. The more you play, the more you earn over time. If you like to play online * games, this is also a great opportunity for you to earn rewards in BFG tokens.
Of the total 5 billion supply, 51% has been allocated to mining, 20% to developers, 10% for marketing campaigns, 5% for referral opportunities, 5% for a reserve, 5% for bonuses and 4% for partnerships that would help the * reach a larger number of users over time.
The BFG mining process is quite simple and easy to understand. Users would be able to obtain BFG tokens when they play different games. The mining price of each currency depends on the Bitcoin exchange rate on the Binance platform. Every 50 million BFG tokens mined, there will be an increase in the difficulty of BFG mining. Therefore, the sooner you start mining the token, the more coins you get.
BetFury is also rewarding users that decide to stake coins. That means that every 24 hours, the staking pool releases 3% of the total profits of the platform in each currency. Then, this amount is shared among all users who hold BFG tokens.
Staking rewards are distributed according to the stake of the investor. The larger your stake, the larger the rewards that you receive. Hence, the BFG staking mechanism is a way to incentivize holding the coin rather than selling it to the market.
Therefore, users can use BFG in different games, stake it, get BFG cashback, trade BFG on different trading and swapping platforms, and many other things.