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Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 271. (Read 77252 times)

hero member
Activity: 2016
Merit: 531
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same here. from what i've seen here in betfury, they really execute their plans or even surprise their players. remember, their gaming license and sportsbetting? we were not aware that they can make it happen early as they haven't announced it beforehand. i don't think it is fair to say that they have no decent plans here. we don't know what's happening behind those facade. tbh, they are one of the most active casinos when it comes to offering new features/services. but at the end of the day, it is up to the player if he still want to play or not. totally up to you if you want to stay or not.

True. The tokens have always been a bonus from the start, and not to be treated as a main source of income. At least there's some way to make use of them, such as the voting rights and liquidity pool rather than just leaving them there for dividends.

Also suggestions and feedback could always be relayed to the team and they can consider implementing the changes if need be. For instance, more tokens mean higher dust amounts one could claim from the free boxes.

On another site which I won't mention, the use case of the tokens are mainly to increase rakeback, earn more free spins as well as the compounded interest but they have to be purchased. No staking or liquidity pool for now but that might change in the future once they deploy on the new blockchain.
legendary
Activity: 2114
Merit: 1147
https://bitcoincleanup.com/
What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.
Highlighted part might have been missed because more emphasis was given on didn't have a decent plan. Although I had some of my tokens staked there to generate more BFG, I voted no to the in-house staking program partly because of this reason.

About the plan, I think setting up an expiry for the staking was a good choice. It's like inviting these new users to transfer their tokens to their in-game balance if they want to earn dividends once it's over. They can be exposed to mining and gambling. I don't know if that's going to work though because Betfury is still providing liquidity to BiSwap.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

I don't fully agree with you. The last couple of months, they made significant improves and updates to their site and they always seem to have a plan. I guess with the farming, they wanted to test it out also to see the popularity. There is also a harvest fee (3%) that will be burned to keep the tokens valuable. Personally, I don't see any reasons to stop playing on the site.


same here. from what i've seen here in betfury, they really execute their plans or even surprise their players. remember, their gaming license and sportsbetting? we were not aware that they can make it happen early as they haven't announced it beforehand. i don't think it is fair to say that they have no decent plans here. we don't know what's happening behind those facade. tbh, they are one of the most active casinos when it comes to offering new features/services. but at the end of the day, it is up to the player if he still want to play or not. totally up to you if you want to stay or not.
sr. member
Activity: 1624
Merit: 336
Top Crypto Casino
That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.

Having the farm might be a good way to introduce DeFi people to gambling. If you go to Las Vegas casinos will offer all kinds of things that are not related to gambling to attract new people. They have concerts, boxing, UFC. They do not have to limit themselves just to gambling. As long as they are getting visitors all of them are potential gamblers.
sr. member
Activity: 2100
Merit: 254
What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.

I don't fully agree with you. The last couple of months, they made significant improves and updates to their site and they always seem to have a plan. I guess with the farming, they wanted to test it out also to see the popularity. There is also a harvest fee (3%) that will be burned to keep the tokens valuable. Personally, I don't see any reasons to stop playing on the site.
legendary
Activity: 2856
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
What bothers me now is the end game for their tokenomics and lack of economic game theory. It seems like they didn't ever have decent plan, they were only interested in liquidity and how to rise it artificially. Original token use case will go down the toilet when you can make more bfg by farming and not gambling.

There would have been many elegant solutions but i am not wasting any more time with this one, it was all gamble anyway (pun intented). I just hope that there will be a new site with better plan. Hopefully this works out for you guys.
legendary
Activity: 2002
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.
I also thought that when they are planning to launch the farming, I thought it will become a permanent feature but we will see after the farming or when it reaches the target block if they still going to continue, it's better that they ask in a poll if they want a continuation of the farming, there's also a  significant drop in the APR  I got out there earlier and prefer to stake my coin, I am accumulating Binance in stake for gas fees for some tokens I'm trading.
I would assume that it would become permanent, it is rare to see a farming start and then stop that way. We should be estimating the current situation to go on for a while longer, maybe not forever because let's be honest "forever" is a lot, in 90 years do you really see betfury still standing? Still farmed? Still growing bigger? I am pretty sure most of the major companies in the world right now like coca cola, tesla and amazon will not be around in 90 years, or not be as big as they are right now, let alone betfury.

It means that it was never truly a "forever" thing, it was just a "for now" thing, and if this goes on for another 2-3 years that is more than enough for any crypto to grow and have a room, after that it is either gone or it is already established itself as something great, the market gets to decide which one it will become in the future.
legendary
Activity: 2394
Merit: 1848
Leading Crypto Sports Betting & Casino Platform
Betfury has to remember that the reason why they are standing still and even why BFG has ANY value at all is the fact that BFG is tied to casino, if there is nobody gambling then they are going to end up not caring about BFG as well. This is just a simple thing that we should be focusing on, get the gambling marketing a lot higher.
You have a good point if the number of people playing started to diminish the staking rewards will go down and the value as well, they should focus on marketing the gambling feature, the farming and staking are all, but like what you posted BFG is foremost a gambling site and people should join here because they like playing not.
they are targetting both investors and gamblers and they can win both if they have proper marketing, maybe another round of marketing will do like a bounty campaign.
That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.

I have been very aware now of BETFURY promotions, and of course they have promotions that are excellent, in fact I recently read this information that I share:

Quote
Online casinos and slots websites have always used tempting promotions and bonuses to lure new players in. This tactic is important now more than ever after the new UK gambling advertising regulation that is affecting online casino marketing came into force. Therefore, you should try to make the most out of the situation and profit from these promotions whenever possible.

Slots websites usually offer a number of free spins or bonus money upon registration, which you can use on their best games and withdraw the amount you have won after you have wagered it a couple of times. Moreover, some websites offer no deposit bonuses, which give you a specified amount of cash in bonus funds that you can use to start betting on the website. Both of these are great strategies to employ in order to increase your chances of winning at slot games.
Source: https://www.geekgirlauthority.com/where-do-slot-games-stand-in-terms-of-luck-vs-skill/

If we take into account that promotions help a site to get up, we also put in context that Betfury is entering a very large speculative market, the fact that BFG enters the market is something very big, obviously many things can happen, too I think that players will have the option to trade their BFGs by being able to exchange them as well as multiply them, but many are waiting if this will attract more players? The advertising campaigns do also have their impact, the reason for being a casino cannot be avoided, what happens is that Betfury has grown so much that it is difficult for many to define what they want to do, if multiply BFG? Or agriculture, and if they enter an exchange like Binance I think they will reach the top very quickly.
legendary
Activity: 3178
Merit: 1128
Betfury has to remember that the reason why they are standing still and even why BFG has ANY value at all is the fact that BFG is tied to casino, if there is nobody gambling then they are going to end up not caring about BFG as well. This is just a simple thing that we should be focusing on, get the gambling marketing a lot higher.
You have a good point if the number of people playing started to diminish the staking rewards will go down and the value as well, they should focus on marketing the gambling feature, the farming and staking are all, but like what you posted BFG is foremost a gambling site and people should join here because they like playing not.
they are targetting both investors and gamblers and they can win both if they have proper marketing, maybe another round of marketing will do like a bounty campaign.
That is what I have said for a month now, but for some reason they do not care. I understand that BFG being listed is a brand new thing and that is why marketing is focused on that right now, that is understandable and I can accept that. But all those gambling, all those casino games, all those boxes, everything like that needs to be seen as something that we all come here for.

If we are coming here for BFG and not the casino then the casino will be gone, and BFG will become worthless as well. The path to make BFG very valuable is to make it actually worth it that much, how do you make it actually have a worth? You end up giving more and more dividends, well how do you pay high dividends if you are not going to have any gamblers? And how are you going to have a lot of gamblers if not for marketing? These are all very simple concepts that nobody seems to care, I see not so great future here if they do not start the marketing for casino again.
sr. member
Activity: 2100
Merit: 254

I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.

I also thought that when they are planning to launch the farming, I thought it will become a permanent feature but we will see after the farming or when it reaches the target block if they still going to continue, it's better that they ask in a poll if they want a continuation of the farming, there's also a  significant drop in the APR  I got out there earlier and prefer to stake my coin, I am accumulating Binance in stake for gas fees for some tokens I'm trading.

Same here, I thought the farming was a permanent feature but I only discovered afterwards that it would only last one month. I went into livechat and there are currently no plans to extend it but if it would be popular enough, they might redo it. I only put 10% of my tokens in the farming. When the on-site farming stops, I am thinking to move it to Biswap.
hero member
Activity: 2016
Merit: 531
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It's a choice there's nothing wrong with it while I keep moving my tokens to the most profitable places farming on betfury continues to drop by only 178%
Staking is for locked tokens what I get when I play games if the period is over maybe I'll move it too.


178% is still incredibly good APR. There is nothing in centralized finance that could compete with those kinds of returns. In theory a $100 investment could make you a millionaire in less than a decade if you compounded every day. The reality is that those high percentages aren't sustainable due to the limited supply of BFG but this is still a great investment opportunity for the brief period that we are able to do farming.

Agree, even 5% is considered long shot already :p

But those apply to safe investments that are insured like FD, 401K
sr. member
Activity: 1624
Merit: 336
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It's a choice there's nothing wrong with it while I keep moving my tokens to the most profitable places farming on betfury continues to drop by only 178%
Staking is for locked tokens what I get when I play games if the period is over maybe I'll move it too.


178% is still incredibly good APR. There is nothing in centralized finance that could compete with those kinds of returns. In theory a $100 investment could make you a millionaire in less than a decade if you compounded every day. The reality is that those high percentages aren't sustainable due to the limited supply of BFG but this is still a great investment opportunity for the brief period that we are able to do farming.
legendary
Activity: 2926
Merit: 1155
Leading Crypto Sports Betting & Casino Platform

You can compare which side is more profitable for you/holder so far, farming decisions have a positive impact on price increases ,increased by about 20%
Actually this is what investors expect and waiting for the next step. My prediction is that farming won't last long because APR keeps dropping.

Farming is riskier in many ways because there's always a change for impermanent loss. Then again, if you just stake you will eventually get less and less because of the dilution. Both options suck if you ask me. One of the reasons i believed in this was that i didn't need to do anything, just hold it and stake. Now even that option is going to be less and less profitable.

It's a choice there's nothing wrong with it while I keep moving my tokens to the most profitable places farming on betfury continues to drop by only 178%
Staking is for locked tokens what I get when I play games if the period is over maybe I'll move it too.
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform

You can compare which side is more profitable for you/holder so far, farming decisions have a positive impact on price increases ,increased by about 20%
Actually this is what investors expect and waiting for the next step. My prediction is that farming won't last long because APR keeps dropping.

Farming is riskier in many ways because there's always a change for impermanent loss. Then again, if you just stake you will eventually get less and less because of the dilution. Both options suck if you ask me. One of the reasons i believed in this was that i didn't need to do anything, just hold it and stake. Now even that option is going to be less and less profitable.

the consolation with staking is that you are getting several coins, and those coins are top alts, so you have no worries about their existence in the market and their potential value. however, with farming, you are only getting one token, which is BFG. and the value depends on the platform itself, it can go down or up easily. so it is up to you what risk you want to take here. you can always opt for these 2 features, at least either way, you will not lose. and btw, let's remind ourselves that betfury is casino, so the main reason why people go there is to gamble. these features - staking/farming are just add-ons, like perks for getting their bfg token.
sr. member
Activity: 2044
Merit: 323

I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.

I also thought that when they are planning to launch the farming, I thought it will become a permanent feature but we will see after the farming or when it reaches the target block if they still going to continue, it's better that they ask in a poll if they want a continuation of the farming, there's also a  significant drop in the APR  I got out there earlier and prefer to stake my coin, I am accumulating Binance in stake for gas fees for some tokens I'm trading.
Since it was confirmed that the APR will not be the same forever, the APR has dropped significantly. It's possible to farm 25M BFG at the most. If mining isn't available, then Q3 and Q4  will shine. Although I still see Divs as a profitable program to me, I am not sure how long they will continue to offer it. BetFury always tries to listen to its users, so it will ask in a pool about farming.
legendary
Activity: 3192
Merit: 1198
Bons.io Telegram Casino

I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.

I also thought that when they are planning to launch the farming, I thought it will become a permanent feature but we will see after the farming or when it reaches the target block if they still going to continue, it's better that they ask in a poll if they want a continuation of the farming, there's also a  significant drop in the APR  I got out there earlier and prefer to stake my coin, I am accumulating Binance in stake for gas fees for some tokens I'm trading.
legendary
Activity: 2856
Merit: 1132
Leading Crypto Sports Betting & Casino Platform

You can compare which side is more profitable for you/holder so far, farming decisions have a positive impact on price increases ,increased by about 20%
Actually this is what investors expect and waiting for the next step. My prediction is that farming won't last long because APR keeps dropping.

Farming is riskier in many ways because there's always a change for impermanent loss. Then again, if you just stake you will eventually get less and less because of the dilution. Both options suck if you ask me. One of the reasons i believed in this was that i didn't need to do anything, just hold it and stake. Now even that option is going to be less and less profitable.
hero member
Activity: 2716
Merit: 588
Farming will only last for a month. I think this is great because right now Betfury controls most of the supply and this will make more tokens available on the open market making it distributed among more people.

Where did you read that this farming feature will only last a month?
I haven't read from their Farming FAQ or am I missing their announcement regarding this farming duration?
With staking or farming features, this will give players the options where they want to put their BFG in order to get their passive income.
But of course, the main reason why betfury is here - being casino and sportsbook will not be forgotten. Otherwise, their BFG will slowly lose its value.

The end block is written in the smart contract for the staking pool. You can also see how many blocks are remaining on the farming page with a link to BscScan where it has a countdown timer with approximately how much time is remaining to reach this final block. After the last block there will be no more rewards.

Okay, thanks for this. Now, I understand where you are coming from about the duration of this farming.
Yes, it is shown the number of blocks remaining in the farming page.
I thought this farming feature will last for months. But maybe, betfury is testing how farming feature will perform on their platform.
And it is not good to compound your BFG tokens for just only few days of farming because the gas fee you will incur may be higher than the amount of BFG (in $) you will compound.
legendary
Activity: 2926
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
I honestly think that recent decision was really bad for BFG. Now we need to choose if we want to stake it for dividends or farm for more. I fail to see the upside in this.

You can compare which side is more profitable for you/holder so far, farming decisions have a positive impact on price increases ,increased by about 20%
Actually this is what investors expect and waiting for the next step. My prediction is that farming won't last long because APR keeps dropping.
Maybe I'm wrong, but it looks like users are more interested in receiving daily payouts in different cryptocurrencies on the Betfury site because only 156 mln BFG tokens were staked in the farming pool. By the way, this BFG pool will be ended in about 27 days.

Yes I checked it 167,824,761 BFG untuk Farming dan 1290922738 BFG staked on the site but it must be remembered that some BFG on the site are locked for 180 days so there is no option to select farm tokens, maybe if the token lock is removed I'm sure they will move it to farming.
legendary
Activity: 3122
Merit: 1171
no highroller

just for info

cause if yes i start KYC before i start betting

to much troubles at some bookies in the past

I am playing from the begging at Betfury, they never asked for KYC... and I never saw anyone complains about this matter! So I believe you should give it a try... even if you are a high roller, I know some people who place big bets and they never said they have any problems with withdraws, and Betfury never asked for KYC!
The only bad thing is that you can't earn BFG tokens by betting on sports... at least for now! Maybe they will change that in the future!

Good luck!
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