Member Upvotes Provide Sustainability 12 July 2019

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Steem Basic Income


Steem Basic Income is a social experiment to bring a voluntary crowd-funded basic income to as many Steemians as possible. Members join by sponsoring others into the program. Steem Basic Income is delivered through regular upvotes to member content.

Support from Members


Thank you all for your support! Upvotes that we receive from members are an important component to continue delivering a sustainable basic income!

Here is a visualization of our incoming votes for the last week.
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source: http://www.steemreports.com/incoming-votes-info/?account=steembasicincome&days=7

9.2% of our total value received was from our low 3.14% self-voting. Less than 24% of our sustainability coverage is provided by author rewards. Ideally it would be at least 33% (or high enough that our self-vote percentage is higher than our total value received from that self-vote.

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Curation rewards have been gradually falling over the last couple of months as more and more people are using SteemRewarding and other curation optimizing bots instead of steemauto and steemvoter. Author rewards have not been growing fast enough to make up for this loss, resulting in a flattening of our total SP rewards trend.

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Upvoting Bonuses


Each time we receive author rewards for a post or comment by any official SBI account, we check the value that each member added to the reward. That value will be added to the member's balance, with a multiplier of 1.10x.

For example, if you upvote this update by $0.10, then $0.11 would be added to your balance when the post pays out. In most cases, this means that a vote for SBI is more profitable than a self-vote. You are rewarded directly for your contribution to the long-term sustainability of the program! You do still have to be enrolled in @steembasicincome to receive this benefit.

This is a great way to boost the Steem Power for program accounts. If your program (or account) does any self-voting to build a permanent SP base, please consider upvoting @steembasicincome each day instead.

(Official SBI Accounts: @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9, @sbi10, @sbi-booster. Our automated system dynamically selects the best account to deliver your upvote at the time of upvote delivery.)

Steady Growth


We currently have 4874 members that have posted or commented within the last 28 days. Members that are not posting continue to accrue their pending upvote balance, and upvotes will resume automatically when they return. There are currently 225872 subscribed units in the program, up from 223782 last time we published this report six days ago.

Enrollment


If you want to get involved, or to increase the share of basic income that you receive, enrollment is pretty straightforward:

Just send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the transaction memo (preceded by @). You and the person you sponsor will each receive 1 unit in the program. You can sponsor any active Steemian, it does not have to be a current member.

In effect, when you enroll, you are 'curating' another account to receive ongoing support, and at the same time receiving curation rewards - an equal level of ongoing support. If you're unclear, please check out our full transaction memo guidelines and then let us know if you have any questions.
https://steemit.com/busy/@steembasicincome/transaction-memo-guidelines

The official currency for enrollment is STEEM. If we choose to accept SBD without refunding it, you do not receive extra value for it. Enrollments are processed automatically every 144 minutes.

Questions about Steem Basic Income?


Most questions are addressed in our FAQ or in these helpful resources. If you still have questions, ask in the comments section or join us in our discord channel.

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26 comments
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I would send a Steem but I'm so new that I cannot really help. I'm sorry. I reesteemed.

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I'll sponsor you...

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Just to make sure that I understand- in this case Steembasicincome and the related @sb accounts should be regularly upvoted by me to assist generating income to my sponsor (possibly you), myself and Steembasicincome.

Correct?

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I believe that's how it works. But don't quote me...lol
Things change so much here. It's a full time endeavor attempting to keep up.
Good luck!

Posted using Partiko Android

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I must say that curiosity has gotten the best of me.

I'm going to look into this more.

Thanks for the heads up.

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(Edited)

I'm seeing that your account appears on the buildawhale blacklist. We use it by default, but we have a review process that overrides the status if your account is not engaging in any bad behaviors now.

If you decide to enroll after looking into us more, please let us know so that we can review your account for an override.

Thanks!

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!sbi status

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Hi @brancarosamel!

  • you have 21 units and 0 bonus units
  • your rshares balance is 122797178541 or 0.052 $
  • you need to wait until your upvote value (current value: 0.010 $) is above 0.011 $

Structure of your total SBI vote value:

  • 94.53 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 0.00 % has come from upvoting rewards
  • 5.47 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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!sbi status

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Hi @tonygreene113!

  • you have 12 units and 0 bonus units
  • your rshares balance is 129453167684 or 0.055 $
  • you need to wait until your upvote value (current value: 0.011 $) is above 0.011 $

Structure of your total SBI vote value:

  • 40.55 % has come from your subscription level
  • 49.50 % has come from your bonus units
  • 3.35 % has come from upvoting rewards
  • 6.60 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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!sbi status

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Hi @cst90!

  • you have 17 units and 0 bonus units
  • your rshares balance is 471382483537 or 0.200 $
  • your next SBI upvote is predicted to be 0.040 $

Structure of your total SBI vote value:

  • 62.55 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 31.69 % has come from upvoting rewards
  • 5.76 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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!sbi status

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Hi @ash!

  • you have 3 units and 2 bonus units
  • your rshares balance is 118410818192 or 0.050 $
  • you need to wait until your upvote value (current value: 0.010 $) is above 0.011 $

Structure of your total SBI vote value:

  • 44.57 % has come from your subscription level
  • 17.64 % has come from your bonus units
  • 4.25 % has come from upvoting rewards
  • 33.54 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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Hi @steembasicincome!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.993 which ranks you at #335 across all Steem accounts.
Your rank has dropped 31 places in the last three days (old rank 304).

In our last Algorithmic Curation Round, consisting of 160 contributions, your post is ranked at #25.

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

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!sbi status

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Hi @cassillas5553!

  • you have 9 units and 0 bonus units
  • your rshares balance is 569225315340 or 0.238 $
  • your next SBI upvote is predicted to be 0.048 $

Structure of your total SBI vote value:

  • 2.75 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 96.34 % has come from upvoting rewards
  • 0.00 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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!sbi status

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Hi @cloudblade!

  • you have 14 units and 0 bonus units
  • your rshares balance is 121179479068 or 0.051 $
  • you need to wait until your upvote value (current value: 0.010 $) is above 0.012 $

Structure of your total SBI vote value:

  • 44.95 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 55.05 % has come from upvoting rewards
  • 0.00 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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!sbi status

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Hi @kokoliso!

  • you have 9 units and 0 bonus units
  • your rshares balance is 272509243170 or 0.103 $
  • your next SBI upvote is predicted to be 0.021 $

Structure of your total SBI vote value:

  • 28.52 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 71.48 % has come from upvoting rewards
  • 0.00 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz
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