🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 326.

FinneysTrueVision

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Quote from: TimeTeller on July 16, 2021, 05:59:58 PM

Quote from: FinneysTrueVision on July 16, 2021, 04:04:10 PM

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.

TimeTeller

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Quote from: FinneysTrueVision on July 16, 2021, 04:04:10 PM

Quote from: SquallLeonhart on July 16, 2021, 01:55:23 PM

Honestly this place turning from a casino to a yield farm is not really looking like the ideal situation for people who own BFG. Guys I understand that you want to buy and farm and make money but realize that if the only thing that BFG is used for is farming then who are you going to sell your tokens to? Other people who will want to farm, and it will be in a cycle so eventually that cycle will be broken because there is no use case left for it.

The fact that we are talking about BFG being valuable even before this should be a point for everyone to understand, we used BFG a lot and that should be the main thing about BFG and not farming, if you turn this place into a token place instead of a casino place then we are going to see BFG lose even more value and it will eventually become useless, focus on casino as much as you can so that it could stay relevant.

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.

TopTort777

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Quote from: SquallLeonhart on July 16, 2021, 01:55:23 PM

Honestly this place turning from a casino to a yield farm

Next stage will be adding NFT marketplace Cheesy

Btw, if Betfury would issue NFT, that will give some in-game bonuses for NFT holder, I would consider buying some of them.

Anyway it is good that Betfury add different option to earn or do with tokens. Otherwise what should they do to diversify the platform? They already have hundreds of games. Adding new games wont bring much. I bet most of the games are not even played at all.

FinneysTrueVision

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Quote from: SquallLeonhart on July 16, 2021, 01:55:23 PM

Honestly this place turning from a casino to a yield farm is not really looking like the ideal situation for people who own BFG. Guys I understand that you want to buy and farm and make money but realize that if the only thing that BFG is used for is farming then who are you going to sell your tokens to? Other people who will want to farm, and it will be in a cycle so eventually that cycle will be broken because there is no use case left for it.

The fact that we are talking about BFG being valuable even before this should be a point for everyone to understand, we used BFG a lot and that should be the main thing about BFG and not farming, if you turn this place into a token place instead of a casino place then we are going to see BFG lose even more value and it will eventually become useless, focus on casino as much as you can so that it could stay relevant.

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.

SquallLeonhart

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Honestly this place turning from a casino to a yield farm is not really looking like the ideal situation for people who own BFG. Guys I understand that you want to buy and farm and make money but realize that if the only thing that BFG is used for is farming then who are you going to sell your tokens to? Other people who will want to farm, and it will be in a cycle so eventually that cycle will be broken because there is no use case left for it.

The fact that we are talking about BFG being valuable even before this should be a point for everyone to understand, we used BFG a lot and that should be the main thing about BFG and not farming, if you turn this place into a token place instead of a casino place then we are going to see BFG lose even more value and it will eventually become useless, focus on casino as much as you can so that it could stay relevant.

dwyane36

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Quote from: UserU on July 16, 2021, 09:40:10 AM

By the way, does staking on BetFury yield both BFG and dividends?

Yogee is right. Farming and staking BFG tokens on the Betfury site are two different activities. So if you lock your BFG tokens on the farming page, you won't be able to get daily payouts for these tokens. By the way, Betfury wrote about it in the faq section on this page.

Quote from: Yogee on July 16, 2021, 11:02:30 AM

The 2.99% harvest fee hehe. I can understand that it is to encourage compounding but isn't that a bit too much?

Yeah, I also think that the harvest fee is large enough, but it looks like they will burn it monthly.

Yogee

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The 2.99% harvest fee hehe. I can understand that it is to encourage compounding but isn't that a bit too much?

Quote from: UserU on July 16, 2021, 09:40:10 AM

...

By the way, does staking on BetFury yield both BFG and dividends?

Staking through metamask wallet yields BFG tokens only. You'll have to move them back to your in-game balance if you want to receive the usual dividends.

UserU

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Quote from: dwyane36 on July 16, 2021, 09:11:25 AM

Quote from: Twinkledoe on July 16, 2021, 01:49:17 AM

I pulled out my LP tokens from biswap and stake my BFG here. I hope it will have higher returns. Let us see how long it can sustain the 400+% APR. This is very nice for betfury to explore other opportunities here. It may further attract players so they can get more BFG or just buy BFG from biswap.

APR on the betfury site drops very quickly. For example, I staked my BFG tokens yesterday when APR was 2900+%, and it is already 267% at the moment. So you can transfer your BFG tokens back to the biswap because there is a slightly higher percentage than on the betfury site.

And I was about to remove them from the Liquidity Pool. :/

By the way, does staking on BetFury yield both BFG and dividends?

dwyane36

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Quote from: Twinkledoe on July 16, 2021, 01:49:17 AM

I pulled out my LP tokens from biswap and stake my BFG here. I hope it will have higher returns. Let us see how long it can sustain the 400+% APR. This is very nice for betfury to explore other opportunities here. It may further attract players so they can get more BFG or just buy BFG from biswap.

APR on the betfury site drops very quickly. For example, I staked my BFG tokens yesterday when APR was 2900+%, and it is already 267% at the moment. So you can transfer your BFG tokens back to the biswap because there is a slightly higher percentage than on the betfury site.

BetFury.io

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BFG Farming season on BetFury
🌾HIGH BFG YIELDS🌾

Over 90% of Betfurians supported the idea,
that BFG Token Farming is another huge step.
Thank you all for active voting🙌

https://betfury.tv/3rbVlgu

Join Farming with the richest BFG crops!

🌾Get BFG by playing games on BetFury
or exchange some on Biswap
🌾Use BSC network wallet
🌾Place BFG into the Farming pool
🌾Keep BFG farmed and accumulate more yield
🌾Harvest or Compound your yields any time

🚜Farming is available for tokens, which aren't locked
Harvested tokens will not be locked

🚜Farming Fees
Disable Farming Fee:
0.5% - if disable until 3 days
0.1% - if disable after 3 days
Harvest Fee: 2.99% from total harvested amount.

UserU

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Quote from: tygeade on July 15, 2021, 01:54:33 PM

I remember about 8 years ago or so I ended up learning about crypto, and then following that in few months I learned about gambling in crypto, which was dice gaming of course because that was the only thing at the time. Martingale on x2 was the common thing, and that is what I used as well, got free faucet money and sometimes even reached to level where I can withdraw the faucet money, it looked too good to be true, mathematically speaking there is a chance you could go about thousands of bets without burning out and losing all your bankroll, it will always end up with you losing all of your money in long enough time, maybe first 20 bets, maybe 20 thousandth bet who knows but it will always happen, and to me it didn't happen quickly.

So, I was talking with someone else and sold something and got 1 bitcoin for it, made it to a lot more before I suddenly lost it all. That amount is around 100k or so right now, I would have 100k if I kept that money, I would have sold waaaaay earlier if I know myself but it is just not worth it.

Withdrawing Bitcoin from casino faucets, damn that must have so nice before they changed things.

And yeah, the longest streak I'm aware of was the Monte Carlo incident; 23 blacks in a row. Most of us would be living under the bridge if we decided to Martingale.

In hindsight, most of us wouldn't imagine BTC reaching such heights. I did have my slight regrets too when I played with 0.15 BTC a few years back without thinking it would ever recover anytime soon :p

CryptoNika

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Quote from: Twinkledoe on July 16, 2021, 01:49:17 AM

Quote from: onecall123 on July 15, 2021, 11:56:11 PM

Awesome the new Farming option is now available alongside Staking. Nothing to complain with APR, it's always good money. As soon as many users will join naturally fall. I love those BFG green candles, it had almost doubled. It was to be expected, investors put their interest on farming so there's a buy order.

I pulled out my LP tokens from biswap and stake my BFG here. I hope it will have higher returns. Let us see how long it can sustain the 400+% APR. This is very nice for betfury to explore other opportunities here. It may further attract players so they can get more BFG or just buy BFG from biswap.

it will be 300% at 100,000,000 BFG in the pool. 400% at 75,000,000. We'll reach that quickly as we're already at 72.4mil
Formula and graph of the yield curve.

Twinkledoe

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Quote from: onecall123 on July 15, 2021, 11:56:11 PM

Awesome the new Farming option is now available alongside Staking. Nothing to complain with APR, it's always good money. As soon as many users will join naturally fall. I love those BFG green candles, it had almost doubled. It was to be expected, investors put their interest on farming so there's a buy order.

I pulled out my LP tokens from biswap and stake my BFG here. I hope it will have higher returns. Let us see how long it can sustain the 400+% APR. This is very nice for betfury to explore other opportunities here. It may further attract players so they can get more BFG or just buy BFG from biswap.

dezoel

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^^That's how the burning is done and that is how the reserve thing is done. However if 5% is given to a big player just for the marketing or whatever then we could maybe understand that type of other coins. What that address has is not a big part of BFG world and that's why it is not a big deal, I can understand one account having 70 mil which is not a lot, what I think is shocking is the fact that the same place has a lot of other coins as well, that address basically owns 650 thousand dollars worth of tokens and that is the interesting part that took my interest.

Thank you to the person who showed us that address because it has 500k simply from bsc-usd and 150k of busd which is basically liquid 650k dollars all in dollar and not in anything else. That's a huge deal and I assumed that it is something other than what I have seen so far and definitely something different that we should probably learn more about.

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Quote from: BIN-BIN on July 15, 2021, 01:58:09 PM

BFG team has total control of the price of the token as they can add and remove liquidity at will, but I hope in the future there will be cex exchange listening will follow which will give the token good feet in the market.

I doubt if they are going to take remove the liquidity and it's very unlikely that they are going to do a rug pull they are doing great, the worst time to think that, they have already attained a lot in this business, and I'm also clamoring for a reputable CEX like Kucoin and Binance if they are planning to reach the top 100, listing on CEX is a big must not only CEX but a reputable CEX..

UserU

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Quote from: iv4n on July 14, 2021, 03:31:50 AM

I have a question, if we play this strategy, payout x99, increase 150% after every 50 reds... Can we say this is a Martingale?

I wouldn't say it's Martingale since the original meaning is to double on every loss/ win (reverse Martingale).

onecall123

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Awesome the new Farming option is now available alongside Staking. Nothing to complain with APR, it's always good money. As soon as many users will join naturally fall. I love those BFG green candles, it had almost doubled. It was to be expected, investors put their interest on farming so there's a buy order.

LUCKMCFLY

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Quote from: BIN-BIN on July 15, 2021, 01:58:09 PM

BFG team has total control of the price of the token as they can add and remove liquidity at will, but I hope in the future there will be cex exchange listening will follow which will give the token good feet in the market.

This is good, but I think they should aim for the level of Betfury, and I think that level is in Binance, the other exchanges are excellent, but if Betfury wants to do things like the big ones and get a huge market capitalization.If the price of BFG is going up despite the price of BTC it is because there are many investors who are more eager to obtain and this is very positive because it is a great sign for the holders of BFG, the confidence in the market is something that is priceless.

At the speculative level of the market it is something else, if the token enters a level 1A exchange we will realize its volume which will increase despite the fact that in the beginning the token falls a little, there is always a recovery and more when it is supported by a company of such level.

FinneysTrueVision

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Quote from: TopTort777 on July 15, 2021, 12:59:46 PM

I see that the price has jumped from 0.028 usd to 0.041 and slowly keeps growing. I havent been following betfury.io news for a while, but I see new section on the page - BetFury Farming. Has anyone checked it ? Dont miss your chance, as it offer APR 2248 % right now

Confusingly, they use the word staking on the farming page to refer to staking on this farming pool and also to staking on the casino where you earn dividends. Using the word 'farming' was also an odd choice since this is only pool staking and you are not providing liquidity to earn fees + reward tokens. Most people will quickly understand the differences but for newcomers and for people who are learning English it might be difficult to comprehend at first.

BIN-BIN

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BFG team has total control of the price of the token as they can add and remove liquidity at will, but I hope in the future there will be cex exchange listening will follow which will give the token good feet in the market.

Topic: 🎲BetFury.io|​​​💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 326. (Read 89630 times)

Topic: 🎲BetFury.io|💫 Stellar network & XLM 💫|📈BFG farming on BabySwap - page 326. (Read 89630 times)