🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 316.

Bttzed03

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Quote from: D2Hammer on June 21, 2021, 02:10:09 PM

Isn't it better to simple buy BSW and hold it in the Launchpool? The APR is higher there for now..

You can also add compounding earned BSW to increase your base instead of just holding or harvesting them.

Quote from: FinneysTrueVision on June 21, 2021, 07:56:24 PM

~
Staking in a launchpool is pure profit without risk of impermanent loss.

Any token on staking pool is also subject to price volatility but yeah there's no impermanent loss with this method.

Quote from: FinneysTrueVision on June 21, 2021, 11:24:29 PM

~
They have always denied that there is any relation when they were asked on Telegram.

https://t.me/Betfury/2287921

Is Dimitry part of the team or just one of the community managers? They have not been transparent from the beginning and they won't pass down information like that outside of the team.

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Quote from: UserU on June 21, 2021, 10:40:31 PM

Quote from: Renampun on June 21, 2021, 06:40:49 AM

one thing that still sticks in my mind, whether biswap also owned by betfury developers because the UI looks almost the same.

This was brought up before and a few (myself included) assumed both are pretty similar.

Anyone want to confirm this by sending a PM to Betfury? Grin

They have always denied that there is any relation when they were asked on Telegram.

https://t.me/Betfury/2287921

That doesn't necessarily mean they don't share the same ownership. Their Telegram staff has given wrong answers before, like when they said BFG would be released as a TRC-20 token. Another coincidence besides the UI is that they both registered their domain with GoDaddy and use Cloudflare as their DNS provider. If you look at the next biggest DEXs, Pancakeswap, Uniswap, Sushi, Lavacake, and Polycat, none of them use the same registrar + DNS combo as BetFury.

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Quote from: Renampun on June 21, 2021, 06:40:49 AM

one thing that still sticks in my mind, whether biswap also owned by betfury developers because the UI looks almost the same.

This was brought up before and a few (myself included) assumed both are pretty similar.

Anyone want to confirm this by sending a PM to Betfury? Grin

Quote from: FinneysTrueVision on June 21, 2021, 07:56:24 PM

That's what I'm doing for now. BFG and BSW are too volatile because they are so new. If you put them in a farm you could end up losing more than what you are earning in yield. Staking in a launchpool is pure profit without risk of impermanent loss.

True, but currently staking a smaller amount of BFGs doesn't seem to yield good returns for now (<5K), so might as well try the pair and see how things go.

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Quote from: D2Hammer on June 21, 2021, 02:10:09 PM

Isn't it better to simple buy BSW and hold it in the Launchpool? The APR is higher there for now..

That's what I'm doing for now. BFG and BSW are too volatile because they are so new. If you put them in a farm you could end up losing more than what you are earning in yield. Staking in a launchpool is pure profit without risk of impermanent loss.

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Quote from: D2Hammer on June 21, 2021, 02:10:09 PM

Isn't it better to simple buy BSW and hold it in the Launchpool? The APR is higher there for now..

Yes that was the option I took, put BSW in Launchpool then took all profits every 48 hours then send it to BFG-BSW farms this way i get both tokens BFG and BSW
I may move everything to farms if the APR of BFG-BSW increases or is higher than the APR of Llaunchpools . I still remind today that BFG and BSW tokens are discounted due to the global downturn.

D2Hammer

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Isn't it better to simple buy BSW and hold it in the Launchpool? The APR is higher there for now..

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Quote from: robelneo on June 21, 2021, 03:14:54 AM

You can trade a portion of your BFG to BSW to balance the pair, with BSW moving up and you are yielding BSW it's a good strategy while APR is still high and BSW going up it's worth it, I have done it when withdrawal opened up on BFG and BSW is still $1, already doubled my profit, it's really worth to be early bird in farming.

And if you do not want BSW and only want BFG, you could still turn half of your BFG (or change something else like bnb or whatever) into BSW , farm it, and use all the profits you make to buy bfg again, that way you can increase your lP number as well and make a good profit.

Normally there are places like beefy where you could be listed and it does auto-compounding for you, because of that you make more profit because you end up earning more from adding your profits back and that gives you more profit, but here there is no auto so you will have to do it manually. Just farm bfg-bsw, use your earnings to buy more lP and keep doing that once a day and you will realize that you will end up with a lot more BFG. That is of course if you want more BFG, some people may want more BSW but this is the topic for BFG so that is why I was suggesting that.

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Quote from: Renampun on June 21, 2021, 06:40:49 AM

Quote from: UserU on June 21, 2021, 01:21:02 AM

Quote from: dezoel on June 20, 2021, 03:59:46 PM

...

To farm BFG with liquidity, you'd need another token (e.g. BSW) so one way or another, it's either investing some funds or taking the gambling risk.

Recently I purchased extra BFGs but I'd be needing roughly 20 BSW before I get to pair them. So I'm staking the latter until I reach the minimum.

with high APR, BFG/BSW farm is really tempting...

this week I plan to move the BFG that I stake and then buy BSW with my money to be able to join the BFG/BSW LP.

one thing that still sticks in my mind, whether biswap also owned by betfury developers because the UI looks almost the same.

There is no confirmation about it but I myself believe they are under the same management Roll Eyes

just look BFG so special there right
BTW if you are planning to buy today is the right time BSW and BFG down today even BSW under $2 and yesterday it was still $2.3

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Quote from: UserU on June 21, 2021, 01:21:02 AM

Quote from: dezoel on June 20, 2021, 03:59:46 PM

...

To farm BFG with liquidity, you'd need another token (e.g. BSW) so one way or another, it's either investing some funds or taking the gambling risk.

Recently I purchased extra BFGs but I'd be needing roughly 20 BSW before I get to pair them. So I'm staking the latter until I reach the minimum.

with high APR, BFG/BSW farm is really tempting...

this week I plan to move the BFG that I stake and then buy BSW with my money to be able to join the BFG/BSW LP.

one thing that still sticks in my mind, whether biswap also owned by betfury developers because the UI looks almost the same.

UserU

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Quote from: robelneo on June 21, 2021, 03:14:54 AM

You can trade a portion of your BFG to BSW to balance the pair, with BSW moving up and you are yielding BSW it's a good strategy while APR is still high and BSW going up it's worth it, I have done it when withdrawal opened up on BFG and BSW is still $1, already doubled my profit, it's really worth to be early bird in farming.

That would be roughly 100 tokens per BSW. I'll see how it goes since I don't really have that many BFGs to spare. And I rather not gamble them for obvious reasons.

Budget is a tad tight for now Grin

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Quote from: UserU on June 21, 2021, 03:04:43 AM

Quote from: robelneo on June 21, 2021, 02:48:29 AM

Quote from: UserU on June 21, 2021, 01:21:02 AM

To farm BFG with liquidity, you'd need another token (e.g. BSW) so one way or another, it's either investing some funds or taking the gambling risk.

Recently I purchased extra BFGs but I'd be needing roughly 20 BSW before I get to pair them. So I'm staking the latter until I reach the minimum.

I highly recommend that BFG- BSW has a huge 406.10% I advise you to buy BSW it's still cheap, all the other pair with very high APR are paired with BSW, there are a lot of strategies that you can employ when you have BSW, you can add liquidity or directly stake it, which I am doing right now, which is 609.11% APR one of the highest so play on Betfury to gain more BFG token then buy more BSW and stake to gain more BSW.

Yup, I'll be switching over to that pair once the APR from the BSW staking further reduces. So far with the price appreciation, it netted me over 3 BSW valued at $7. Not too shabby from a mere $10!

3K BFG tokens require 20 BSW which I don't have enough for now.

You can trade a portion of your BFG to BSW to balance the pair, with BSW moving up and you are yielding BSW it's a good strategy while APR is still high and BSW going up it's worth it, I have done it when withdrawal opened up on BFG and BSW is still $1, already doubled my profit, it's really worth to be early bird in farming.

UserU

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Quote from: robelneo on June 21, 2021, 02:48:29 AM

Quote from: UserU on June 21, 2021, 01:21:02 AM

To farm BFG with liquidity, you'd need another token (e.g. BSW) so one way or another, it's either investing some funds or taking the gambling risk.

Recently I purchased extra BFGs but I'd be needing roughly 20 BSW before I get to pair them. So I'm staking the latter until I reach the minimum.

I highly recommend that BFG- BSW has a huge 406.10% I advise you to buy BSW it's still cheap, all the other pair with very high APR are paired with BSW, there are a lot of strategies that you can employ when you have BSW, you can add liquidity or directly stake it, which I am doing right now, which is 609.11% APR one of the highest so play on Betfury to gain more BFG token then buy more BSW and stake to gain more BSW.

Yup, I'll be switching over to that pair once the APR from the BSW staking further reduces. So far with the price appreciation, it netted me over 3 BSW valued at $7. Not too shabby from a mere $10!

3K BFG tokens require 20 BSW which I don't have enough for now.

robelneo

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Quote from: UserU on June 21, 2021, 01:21:02 AM

To farm BFG with liquidity, you'd need another token (e.g. BSW) so one way or another, it's either investing some funds or taking the gambling risk.

Recently I purchased extra BFGs but I'd be needing roughly 20 BSW before I get to pair them. So I'm staking the latter until I reach the minimum.

I highly recommend that BFG- BSW has a huge 406.10% I advise you to buy BSW it's still cheap, all the other pair with very high APR are paired with BSW, there are a lot of strategies that you can employ when you have BSW, you can add liquidity or directly stake it, which I am doing right now, which is 609.11% APR one of the highest so play on Betfury to gain more BFG token then buy more BSW and stake to gain more BSW.

UserU

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Quote from: dezoel on June 20, 2021, 03:59:46 PM

It is not even a question to have a lot of options. However we have a ton of good chances with this own token thing, BFG is now public and you can swap it and that means you could basically gamble for free (technically). How? Well you can get BFG, then farm it on swap, then you could earn some more tokens there, and swap that to BFG and then gamble with it. Obviously you could sell it and make money so it is not "free", but you spent nothing to gamble there, you just didn't earn anything instead.

It means there is theoretically a way to gamble here for free, and that is how people should look at it, that way the price of BFG would stay high as well because of constantly buying it and gambling and unfortunately because of house edge, lose it as well. That is the chance we have, all those trons and doges and other options are just taking away from this chance.

To farm BFG with liquidity, you'd need another token (e.g. BSW) so one way or another, it's either investing some funds or taking the gambling risk.

Recently I purchased extra BFGs but I'd be needing roughly 20 BSW before I get to pair them. So I'm staking the latter until I reach the minimum.

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Quote from: delfastTions on June 20, 2021, 02:13:58 AM

This is primarily due to what kind of deposit and in what currencies the player can enter the site. In some countries, commissions for top cryptocurrencies are completely unacceptable. Then they have a choice either to use a cryptocurrency with low commission rates and play, or simply refuse the services of this site. Here I think the choice is obvious. Of course, you have to have several options. They remembered here Tron, - here is one of the good examples.

It is not even a question to have a lot of options. However we have a ton of good chances with this own token thing, BFG is now public and you can swap it and that means you could basically gamble for free (technically). How? Well you can get BFG, then farm it on swap, then you could earn some more tokens there, and swap that to BFG and then gamble with it. Obviously you could sell it and make money so it is not "free", but you spent nothing to gamble there, you just didn't earn anything instead.

It means there is theoretically a way to gamble here for free, and that is how people should look at it, that way the price of BFG would stay high as well because of constantly buying it and gambling and unfortunately because of house edge, lose it as well. That is the chance we have, all those trons and doges and other options are just taking away from this chance.

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Quote from: FinneysTrueVision on June 19, 2021, 04:29:28 PM

Quote from: Saisher on June 19, 2021, 09:31:34 AM

This question is not related to Betfury but since many of us are now using Biswap I would like to ask how to bridge Tron to Binance Smart Chain wallet I have a lot of Tron and would like to add liquidity to those paired with Tron, but I cannot send my Tron on my Exodus to my BSC wallet anyone here already provided Tron pair liquidity to Binance.

You can deposit it on Binance and withdraw as a BEP 20 token. You can also use the instant swap feature on Safepal wallet.

I will do that because it's cheaper to do that I'm very much surprised on Biswap they have a pair on almost every coin, they can build their community fast because of the many pairs they have, back to Betfury I am playing dice with my BFG token and all my wins are locked, I can withdraw coins that are mine before the listing.

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Quote from: Twinkledoe on June 19, 2021, 10:22:59 PM

Quote from: RokokGudangGaram on June 19, 2021, 09:50:51 AM

It would be a lot easier for customers if the site could just hold 1 currency, USD, EUR or even mbc. Using all kinds of different units opens up more questions than answers. on the other hand, it just depends on what the user is used to and what he feels good about.

I have opposite opinion on this matter. It is better to have a lot of options so they can reach a lot of users with varied preferences. Why would those different options raise more questions? Each alt or token listed, you can already see their min deposit/withdrawal, and what network you want to use, when you click each of them. It is better to have lots of options in my opinion.

Of course, it is better to have several options.
This is primarily due to what kind of deposit and in what currencies the player can enter the site. In some countries, commissions for top cryptocurrencies are completely unacceptable. Then they have a choice either to use a cryptocurrency with low commission rates and play, or simply refuse the services of this site. Here I think the choice is obvious. Of course, you have to have several options. They remembered here Tron, - here is one of the good examples.

UserU

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Quote from: babygun on June 19, 2021, 01:40:45 PM

Hmm, I am also having trouble to access the site; I always get the message: "unable to connect to the server, please try again later"...

And I agree, some promotions to kick off their sportsbook would be nice!

Same, I reckon it coincided during the Portugal - Germany game. At least we know it's protected by Cloudflare lul

Quote from: Yogee on June 19, 2021, 08:49:37 AM

I'm more confused now. Do you mean to say you're winning more if you bet TRX than if you bet BTC? That's probably just a coincidence if that's the case or down to your betting strategy. The game's algorithm shouldn't favor any cryptocurrency,

I think he sees that TRX has a "larger" balance than of BTC if they're compared in terms of dollar value. For instance, $1 in BTC and TRX is 0.000028 Sat vs 14.57 TRX so it feels that the balance is larger with TRX.

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Quote from: RokokGudangGaram on June 19, 2021, 09:50:51 AM

It would be a lot easier for customers if the site could just hold 1 currency, USD, EUR or even mbc. Using all kinds of different units opens up more questions than answers. on the other hand, it just depends on what the user is used to and what he feels good about.

I have opposite opinion on this matter. It is better to have a lot of options so they can reach a lot of users with varied preferences. Why would those different options raise more questions? Each alt or token listed, you can already see their min deposit/withdrawal, and what network you want to use, when you click each of them. It is better to have lots of options in my opinion.

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Quote from: BitcoinHunt3r on June 19, 2021, 03:41:00 AM

Btw, has anyone compared staking earnings at Betfury vs Farming at Biswap? I've tried it on biswap but it's hard to get the calculation

I am earning a lot more from staking on Biswap launchpool than what I was earning on Betfury. I did convert my BFG to BSW when the price of BFG was much higher and BSW was priced lower so it would not be the same result for everybody.

Quote from: Saisher on June 19, 2021, 09:31:34 AM

This question is not related to Betfury but since many of us are now using Biswap I would like to ask how to bridge Tron to Binance Smart Chain wallet I have a lot of Tron and would like to add liquidity to those paired with Tron, but I cannot send my Tron on my Exodus to my BSC wallet anyone here already provided Tron pair liquidity to Binance.

You can deposit it on Binance and withdraw as a BEP 20 token. You can also use the instant swap feature on Safepal wallet.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 316. (Read 85298 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 316. (Read 85298 times)