It definitely seems like it comes with a heavy start up costs.
Have you thought about getting some WORKERBEEs to get you some of the tokens while you are waiting? It gives you some BEE over time if you stake them. I tend to toss them into a delegation pool for a consistent return though.
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Yes the only delay in the launch right now is honestly the money, I'll be buying BEE with my paychecks and should be ready by June! I did not know about workerbees, what kind of return are they generating? I need another few thousand BEE
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I entered the pool from @ph1102 for extra token rewards. I am unsure about how long unstaking will take but if it is going to take a while to get the BEE then you might as well generate some using the returns. When you are close to finishing, you can just start unstaking and sell off the WORKERBEEs. In the most recent report, he did get over 30% APY but usually I think its over 20% ARY.
https://leofinance.io/@ph1102/new-record-workerbee-ph-pool-week-12
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Thank you for sharing this, I'll check it out and weigh my options to see what is the best. I think I will be able to cover costs within a month, so I'm not sure it will be the optimal plan for me, but I won't know until I do some math!
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You are right about %... And the last report was a "lucky" exception... I doubt it will repeat soon...
Thanks for the mention...
!ENGAGE 10
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ENGAGEtokens.Can you please list down your budget in detail and monthly expenses too for running a tribe?
Maybe we all can help you crowdfund this project. But for that to happen, you need to give out more details to the community.
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This is a very kind idea. I want to generate value for the community, but don't want to ask for any more funding. I will be grinding hard at my job to put it together and then you will all be more than welcome to pour funds into the project! I want to see us all succeed together
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Awesome 😎👍 Just let us know if you need any help and I am sure many of us are willing to support you.
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That's a really cool idea. Is WORKERBEE a miner token?
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