Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 309. (Read 84992 times)

As UserU also already mentioned. I don't think that the amount of gamblers will drop because of the staking feature. Personally, I will keep continue mining the tokens.
If the Betfury team notices a drop, they will try to invent something new to attract more gamblers again.


Come on, this is no disadvantage; almost no crypto casino has a phone offer for communication. And why would you even call it, if you can a much faster response in live chat.

It is that there is a lot of uncertainty, not only due to the fact of intrinsically what the BFG means in the market, before this market is the King BTC, and while BTC is in an uncertainty, the Alts will not know what to do, normally due to so many Technical analysis that I have seen is that the short-term trend is bearish, but taking into account that many BFG have sold or exchanged it, it usually falls much more in price, the staking in this case I think is favorable from any point of view, but For now it is difficult to recommend that you do Hodl or exchange, precisely in these cases the smartest thing is not to move BFG, at least that is what I have learned, at least leave them until BTC begins its bullish trend, which is another vision of the market which is much more optimistic.

Now 1 BNB is almost equal to 10,000 BFG  also BSW is back uphill the current price is the first time I get a 10 BSW 
If APR staking can be increased 3x maybe 1 BNB equals 5000 BFG  let's betfury do it

This is not really the biggest problem. It just needs to be listed on our website just in case.

CMIIW I think most crypto gambling sites don't include their phone numbers and email addresses...

I see betfury users have almost no problems playing on the site, be it when withdrawing or something else. the betfury team is very responsive and active on their telegram account and it has helped users in reporting any complaints or their opinions.

It because they do not offer a phone number for communication, and their email address is not visible on the website.

From what I've read, there are some interesting things and some less interesting things, but I'm more concerned about the ease of gambling and betting on BetFury because anyone can easily understand it, so in general this is a very good project.

It doesn't say much about the overall features of Betfury like the staking and how the token perform and will perform in the market in the future, I remember the team telling us that they are targetting to land their token in the top 100, a tall order and so far they are doing great

I wonder why they have active channels and active chat support and of course this announcement what more they should offer.

Read about the main advantages and disadvantages of BetFury Sportsbook here: http://sportstatist.com/betfury-review/

I see, my bad.

About the mining, I don't think it would be affected that much as long as players continue to bet (based on the casino's operation, you bet = mine BFG) so the coins will continue to be distributed no matter what since they are unlocked from the start, unlike the traditional POW mining whereby the real miners are utilizing their hardware.


A slight inconvenience there. But at least they could be farmed which still in a way gives more through compounding, and not having to deal with dusts which can't be withdrawn (I'm talking those that don't have that many BFGs to yield substantial rewards).

It's going to be a single BFG staking pool. It seems Betfury is not that familiar with how AMMs and Yield farming platforms use the term Farming. They only based it on the definition from Binance academy which is locking up cryptocurrencies and getting rewards.

I think you are missing @tygeade's point here. He probably means where will dividends come from if there will be less gamblers but I think he's referring more to BFG miners. The introduction of staking (farming as Betfury calls it) kinda discourages mining. Apart from the six months locking period, the post-listing mined tokens will not be eligible for staking as stated in the rules posted by @CryptoNika.

The dividends are from BetFury itself. As an incentive for players "supporting" their tokens, they give a portion of their profits back in dividends so it's not all about price appreciation.

Just like companies issuing the same to their shareholders.

I am not sure if it is going to be staking or farming. They said that the earning will be BFG but they didn't say if it will be a LP that will earn us that BFG or will it be a staking. If we put in BFG and earn BFG then it is fine, I would still say no because I want people to gamble and earn it instead of just farm it, where is the dividends coming from otherwise, we need more and more gamblers.

However at least it would make sense to let people earn BFG by staking BFG. However, if it is farming and it is like BFG-BSW farming gives you BSW but also BFG then it becomes a bit of a challenge, it becomes such way that IL is a real threat and the price could change and what you own could be horrible. I farmed a token that dropped from 10 dollars to 0.05 and the IL that I got was not impermanent, it was quite permanent and I did lose all of my bnb there because of it, who knows same can't happen here?

There is some uncertainty here.  In my opinion, pharming is a rather difficult process from the point of view of its profitability.  When a coin has two huge vectors - in fact, a very volatile price and a changing, variable percentage of annual income, it is generally impossible to understand whether it is worth investing your earned money in such a coin and whether it is worth investing in farming later. 
And no one can predict these processes normally. Alas

Nice, looks like farming seems to be the more feasible. Not gonna dilute my earnings with poo poo coins which I wouldn't keep.

They just posted some answers on the farming.

Like expected, locked BFG for farming is not receiving div payment.

🌾Will I receive Staking payouts for tokens which I've Farmed❓
Staking and Farming will be separate activities on BetFury with different final results. Thus, tokens which will be locked for Farming will not be involved in Staking and receiving daily payouts.

🌾 What are the benefits of BFG Farming over Staking❓
Everyone can individually choose what he wants to receive: Staking daily payouts in different currencies or receive BFG Tokens as a Farming reward with the high APR. Moreover, players can stake some part of tokens and farm with the other part.

🌾 Where will BFG tokens for Farming yield rewards come from❓
The BetFury team is going to mint a part of not mined tokens from the total supply and provide those tokens for Farming purposes.

🌾 Will farmed BFG be locked for 6 months❓
All Farmed tokens will not be locked and will be accessible for using right after Farming yield.

🌾 Will locked and bought on an exchage tokens participate in Farming❓
Farming will be available for BFG tokens, which were mined before the Listing and are not locked. Tokens, bought on the exchange can be used for Farming.

🌾 Will it be needed to use a BSC network wallet for Farming❓
To be able to use Farming on BetFury you should have BFG on your Metamask or Binance Smart Chain wallet. To replenish the BFG balance on your wallet you may:
1) Withdraw tokens from your platform balance (which are not locked)
2) Buy or exchange tokens on Biswap

Now BFG staking is available on biswap but the APR is very low 63.5% for now. Based on risk, of course people prefer staking than mining/gambling
even staking offers double profit if BSW price goes up while gamblers have the risk of losing

ah thanks

Not yet, as your Activity level is still of a Newbie's. Once it reaches 30 (yours at 28), you're good to go as a Jr Member!

Dividend payouts are nice and quite stable I must say. Especially with the increase of the USDT pool it's getting more stable.

This is the status of the month June:



Decided to do write ups about the div payments and all that. Status of the Div pool paymens for June can be found here:


edit: hmm can't post image?