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09/06/2024


THE 58TH BFG BURNING

The total amount of burned BFG tokens on the BSC (BEP-20) network from the 58th
Tokens Burning session is 951 416 BFG. The current BFG price is $0.022 per 1
token.

Transaction hash of the 58th BFG Burning:
bscscan.com/tx/0x7c48aab3b42e81f011c9b3835def6d7b9143f023051a5aee39cf8923b1c16406

Our team has conducted a BFG Buyback. According to this process, some BFG tokens
have been bought back from the market. We've burned 951 416 BFG ($21 873) and
sent 2 100 000 BFG ($48 280) to the Treasury. The transaction hash of the BFG
Treasury Lock:
bscscan.com/tx/0x4c14a3da3202846670ae393c967d16ca549bcf16a6536c269ba8a62f1f9e1031

Total BFG burned amount: 1 676 155 621 BFG (33.52% 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 BURNING PROCESS

According to updated tokenomics and deflationary strategy, the monthly BFG
Burning doesn't 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🌙

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