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 providing regular upvotes to member content.

Pool 1 accounts voted

We first posted our distribution chart four weeks ago. There are a number of inactives in Pool 1 , or it would actually be 500. We are moving inactive members down into Pool 2 after 30 days of inactivity. The actual number of votes is much higher!

img source: http://www.steemreports.com/outgoing-votes-info/?account=steembasicincome&days=7

Self-votes are up because there was a rise in inactive numbers. We developed a new approach this week to better deal with the unspent voting power from inactive members. Instead of self-voting with the extra voting power in each pool, it will be divided evenly across the members. This provides a little boost to all members in each pool.

Pool 2 accounts voted

Pool 2 upvotes come from @sbi2!

img source: http://www.steemreports.com/outgoing-votes-info/?account=sbi2&days=7

It has been even more difficult to manage the voting power in the lower pools, but we expect to see the percentage decrease over the next week. We just reached 500 members in pool 2, so as more of the inactive members drop down into pool 3, the number of Votees will increase as well.

Pool 3 accounts voted

Pool 3 upvotes come from @sbi3!

img source: http://www.steemreports.com/outgoing-votes-info/?account=sbi3&days=7

The voting weight that went to @steembasicincome is high due to the number of inactive members between 60 and 90 days. Inactives past 90 days are moved down into pool 4. We have launched pool 4, even with the low number of shares in pool 3, so that hyperactive members can still receive a fair upvote without depleting the voting weight that should go to other members.

Pool 4 accounts voted

Pool 4 upvotes come from @sbi4!

img source: http://www.steemreports.com/outgoing-votes-info/?account=sbi4&days=7
When we fully automate, we will have an even better solution for managing our voting weight.

Delegation Bonus Shares

Existing members can receive bonus shares by delegation. For every 20 SP delegated to @steembasicincome, members will receive 1 bonus share. Any Steemian that is already enrolled in @steembasicincome can delegate as much as they would like, to receive bonus shares.

Here are some Handy Delegation links:

100	200	300	400	500

Enrollment

Sounds intriguing... How do I sign up?

Send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the comments. You and the person you sponsor will each receive 1 share in the program.

Questions?

We broke down the mechanics for how the program works in the complete overview. You can check your share counts and upvoting weight in our spreadsheet explained here. If you have any questions, ask away in the comments section or join us in our discord channel.