The 55th BFG Burning

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 55th Tokens Burning session is 750 000 BFG. The current BFG price is $0.028 per 1 token.

Transaction hash of the 55th BFG Burning:
bscscan.com/tx/0x9d251ae168ee9ac032698762b4c51fa27da6a7f3cd7c125835a92740ee1acf6b

Our team has conducted a BFG Buyback. According to this process, a part of BFG tokens have been bought back from the market. We've burned 750 000 BFG ($21 757) and sent 1 750 000 BFG ($50 768) to the Treasury. The transaction hash of the BFG Treasury Lock: bscscan.com/tx/0xbc3bc0ee414addf84aa811be9a785f30e344e23fc038b8917e9c2b95b54d29fa

Total BFG burned amount: 1 672 995 799 BFG (33.46% of the total supply)
The number of tokens that have been burned.

What is BFG Burning for?

Tokens are burned once a month. We conduct a monthly BFG token burning process because the BetFury team supports the healthy product economy and further ecosystem growth 🌱 Planned burnings increase the value of the BFG native token and keep the balance between holders and developers to support the token.

About the New Burning Process

According to updated tokenomics and deflationary strategy, the monthly BFG Burning will no longer include the burning of losing gaming bets and team tokens. Losing bets will be redirected to the BFG Staking pool to boost the BFG value and support holders. The fund for Burning will be filled from other revenue streams like BFG Buybacks. This upgrade has one goal – to push our token to the moon!