lcp
03/23/2021

Global Merge Burning of BFG

BFG Merge has caused compression of BFG(TRX) subtokens. BFG(TRX) subtokens are swapped to BFG(BTC) in the ratio 4.661 → 1. Total staked tokens amount is reduced to the cumulative compression amount and all the difference is burned.

945 918 565 BFG were gained after the BFG Merge compression.
This amount was ejected from total circulation and burnt forever.

18,9% of total BFG tokens emission (5 000 000 000 BFG) was burnt in one session!  It makes a significant increment of BFG token value. Moreover, staking payouts of all BFG holders raise after burning. This is a huge milestone which gives a way for new opportunities in the further BetFury platform development. 

Token details after merge:

Total emission: 5 000 000 000 BFG
It’s the max number of BFG tokens that can be earned on the platform is 5 billion BFG and will not be changed.

Total mined: 2 479 163 042 BFG
The number of tokens that have already been accumulated on the platform in total since the launch of the platform (including tokens that have been burned).

Total staked: 1 007 220 703 BFG
These are all mined BFG tokens which are kept by our users.

Total burnt amount: 1 299 640 665 BFG
The number of tokens that have been burned.

Total unstaked: 172 301 674 BFG
The number of team tokens that don’t participate in BetFury Staking. 

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