Burning

What is BFG Burning for?

Tokens are burned once a month. The BetFury team supports the healthy product economy and further ecosystem growth. Planned burnings increase the value of BFG, retain the balance between holders and developers to support the token distribution model, and constant growth of Staking payouts for the token holders.

The number of issued tokens is limited (5 billion BFG tokens). When their number decreases due to burning, while the number of users wishing to own the platform tokens remains the same (or grows) - this can have a positive effect on the value of each BFG. If the value of a token goes up - its holders are at an advantage. This is standard practice for platforms that try to protect the interests of their ecosystem token holders.

Along with each burning, BetFury provides a full report on the procedure. The details of each such process can be found on the platform's website. In addition, all information about the BFG token reduction is displayed on the blockchain.

Burn Contract: https://bscscan.com/token/0xbb46693ebbea1ac2070e59b4d043b47e2e095f86?a=0x000000000000000000000000000000000000dead

Total burnt amount: 1 580 959 501 BFG

From total supply: 32.96%

Unlike many projects, not only tokens from allocations that are intended for users are involved in the burn. The company also sacrifices part of its revenue in order to keep the token economy stable and balanced.

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