BFG Farming is here!

BFG Farming is here!

By CryptoNik | Betfury insights | 15 Jul 2021


It was put to a vote for all the Betfury users a few weeks ago and around 90% voted 'yes' to the question whether Betfury should introduce Farming; Locking your BFG in a contract that will give you BFG in return for doing so. 

And now it has arrived! 

https://farming.betfury.io/
The APR right now is over 10,000%, but expect that to fall quickly as users are withdrawing BFG and putting it in the Farm pool. 
We currently can see some amount flowing in already if we look at the transactions of the contract. 

Staking, farming and dividends
It will be interesting to see how much BFG will be withdrawn from the platform to be put in the farming pool. 
As I'm writing this right now we are live for less then 1 hour, and the staked amount of BFG is already down over 12 million. 
This means it will add some % points to the APR of staking BFG on Betfury. However, I expect that farming BFG can be more profitable for quite some time. But we'll see over the upcoming days how it develops. 

 

 

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Betfury insights
Betfury insights

Regular analysis of the crypto gambling site Betfury. By playing on Betfury you gain BFG tokens, which will be rewarded with daily dividend payments. We'll analyse the platform and dividend payments on this blog

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