Member Upvotes Provide Sustainability 22 June 2019
Steem Basic Income
Steem Basic Income is a social experiment to bring a 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 keep delivering a sustainable basic income!
Here is a visualization of our incoming votes for the last week.
source: http://www.steemreports.com/incoming-votes-info/?account=steembasicincome&days=7
10.4% of our total value received was from our low 4.70% self-voting. Less than 25% 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.
Our rising VP has reduced the number of members receive maximum deliverable upvote on each post from our peak of 30 down to only 4.
Curation rewards have been steadily 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 slight decrease in our total SP rewards trend.
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 4892 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 216117 subscribed units in the program, up from 211033 last time we published this report seven days ago.
Sustainability Coverage
Sustainability Coverage is currently at 84.26% and rshares reward rate is 665,683,930 per SBI unit per day. In a 50/50 curation environement, we expect a swift increase in our sustainability coverage, resulting in members earning rshares for their upvote balance at a much faster rate (offsetting most or all of the author reward reduction from 75% to 50%).
You can help increase the sustainability coverage (and the rshares reward rate on regular units) by delegating to @steembasicincome or by regularly upvoting our updates and upvote reports.
For more information, please read Into the Heart of Sustainability.
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.
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?
Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional resources that it suggests. If you still have questions, ask in the comments section or join us in our discord channel.
I love upvoting for bonuses. 👍👍
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for Virtuous Cycle of Steem ♨ Life !
always thanks for @steembasicincome SBI 💙💙💙 ♬♬
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곰돌이가 @bluengel님의 소중한 댓글에 시세변동을 감안하여 $0.001을 보팅해서 $0.022을 지켜드리고 가요. 곰돌이가 지금까지 총 5412번 $60.193을 보팅해서 $68.966을 구했습니다. @gomdory 곰도뤼~
고마운 곰도뤼~💙
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!sbi status
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Hi @sparkesy43!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
Thank you for supporting us, I find it the best project on Steem.
!sbi status
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Hi @salimbur!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
!sbi status
Hi @tomhall!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
!sbi status
Hi @contestkings!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
!sbi status
Hi @upvotebuilders!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
Me interesa como puedo ganar sp.
We publish regular contest listings twice per week that are a great way to get started if you don't have a lot of resources.
Hi @steembasicincome!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.048 which ranks you at #329 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 149 contributions, your post is ranked at #30.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
!sbi status
Hi @aotearoa!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
!sbi status
Hi @redthunder90!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
!sbi status
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Hi @cassillas5553!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
!sbi status
#sbi-skip
Hi @fuadsm!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
status calls are always skipped by default, but thank you for being conscientious!
You just planted 0.10 tree(s)!
Thanks to @ucukertz
We have planted already
8108.41 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 21579.87
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
Anyone looking for someone to sponsor? Feel free to sponsor me 😉 you're more than welcome to do so 🙂
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!sbi status
Hi @syalla!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
Du erhieltest aufgrund deiner LanaCharleenToken ein Upvote.
Zusätzlich kommt von @lanacharleen noch ein kleiner Upvote. Vielen lieben Dank für euren Support. Der Account meiner Tochter wächst und gedeiht.
Congratulations @steembasicincome! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
To support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
!sbi status
Hi @preparedwombat!
Structure of your total SBI vote value:
To reduce blockchain clutter, you can also check your status in our Discord server!
https://discord.gg/VpghTRz
Congratulations @steembasicincome!
Your post was mentioned in the Steem Hit Parade in the following category:
Thanks SBI! I really love the fact that the subscription level I am at guarantees that I am never under the dust limit with my posts. Thanks a lot!
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That's awesome! I'm glad to hear that our upvotes are making a difference for you.
This post has received a 3.13 % upvote from @drotto thanks to: @sbi-booster.
Congratulations!
This post has been granted a 100% upvote, courtesy to @wokeprincess, from BlissFish!
Enjoy the Bliss!
Join us on Discord!