RE: Leo Talk 4/29/2021 -Come Join Our Chat

[johnhtims]

Not that I can afford it but out of curiousity, how much does it cost to start a new Hive Engine tribe and what are the monthly maintenance fees?

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Comments

[alokkumar121]

The recently ALIVE tribe started and as far as and on HIVE-Engine 4000 BE was required. Maybe you can check with @flaxz for more details.

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[johnhtims]

I have zero plans on starting a tribe. Was just curious. Thanks for the info though.

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[elianaicgomes]

I went to search old posts from a friend and found this:

1. Staking (Power Up) - 1000 BEE
2. Scotbot (Token distribution for tribes) - 1000 BEE
3. Nitrous (Tribe Condenser or website) - 1000 BEE
4. Active Users - 1000 BEE staked, 1 BEE for each active user, enforced by Hive-engine

Probably there are more requirements but to start is already a push lol

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[johnhtims]

Excellent information, thanks. 1000 BEE at current exchange rates is around $472 USD.

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[taskmaster4450le]

I have no idea.

@silverstackeruk what are the fees on Hive Engine for a tribe and the ongoing costs?

Care to share?

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[flaxz]

Just as Eliana said, 3000 BEE for the functionality of a very basic tribe, and then stake 1 BEE for every active user.

If you want delegations then that is an additional 1000 BEE, and to get miners you need 1000 BEE to enable staking and another 1000 for the mining contract.

Each token also cost 100 BEE to create too.