BetFury burned 5,863,095 BFG today. It was the 37th burning of BFG. The total amount of tokens burned reached 1,598,618,626 BFG. But so far, the decrease in circulating supply has not affected the price of BFG. I hope the BetFury team will continue to support a healthy product economy.
Read more:
https://betfury.io/news/bfg-burning-37Because the total maximum supply supply is not mined yet. Theres still plenty of tokens that can be mined and while the current circulating supply is still sitting on 3B BFG tokens. The burning rate is very small which is why the price dont even be affected even with this consecutive burning.
Im not sure how exactly there token burning protocol but they should copy the Owl game token burning mechanism that involves buy back in the exchange the tokens that will be burned because Betfury is just using the BFG tokens accumulated on the casino then burn it while the profit of the casino in other casino stay in the team wallet for salary and casino operation expenses only.