Progressive Lock

Since BFG became a tradable asset, it has reforged the mining system and created the Progressive Lock mechanism. It sticks to the core idea of obtaining BFG tokens by placing bets, keeping the BetFury Staking earnings opportunities, and reducing risks related to the illegitimate acquisition of tokens and their eventual sale on the open market.

All newly mined tokens were locked for withdrawals, but you could still get Staking rewards and play with BFG until the tokens were unlocked 180 days after being mined.

Advantages of Progressive Lock implementation:

• BFG token value increase

• User retention on the platform increase

• Risks management and fraud prevention

• BFG token selling pressure reduction

• Betfury Mining mechanism saved

Key points

1. All tokens mined before listing are under unlock capacity.

2. All tokens mined since Listing are included in locked capacity and will be available to be unlocked after 180 days.

3. If a user plays with tokens, they can increase the unlock capacity.

4. All Deposits, Cashback, and Referral Bonuses are included in unlocking capacity. This means that your deposits and bonuses will not be locked and will always be available for withdrawal anytime

5. The withdrawal amount will decrease the unlock capacity by the same amount.

Extended description

Since BFG on-chain token deployment, all tokens mined by placing bets were locked for 180 days. This means that you were able to withdraw them from the platform once 180 days had passed. However, locked BFG tokens were included in your total BFG balance, and the full amount was included in the Betfury Staking daily payouts.

Locked tokens were fully operable for playing games and getting cashback. All losses decreased locked tokens defined as unlocked and could be withdrawn from the platform out of scheduled unlock dates. All winning did not increase locked capacity, which means if you played with BFG and won, you were able to withdraw anytime.

The unlock capacity chart showed the dates and amounts of tokens that were unlocked after 180 days. Unlocking was an automated process.

Progressive lock mechanics could be changed and upgraded; however, the core idea was going to remain the same.