Steem Basic Income - @steemvoter is back up!!

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.


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@steemvoter is back up

All new members that have received enrollment verification messages are configured in @steemvoter and voting weights have been updated. You should start seeing your basic income rolling in again normally. Please let us know if you see any issues.

New Optional Enrollment feature: auto-selected sponsoring

We had a batch of enrollment transactions come in with no name of whom to sponsor. We sent follow up messages, and most provided us a name, but some declined. We use sponsorship for specific reasons, and we intend to keep it so that a sponsor is paired with a person sponsored, for each enrollment. IF you send an enrollment fee with no name to sponsor, we will treat it as sponsoring a paused member, so that their basic income will resume. For example, @arcange is currently paused because his posting frequency is too high and voting weight for each post has dropped below 0.50%. If @sneakyninja sends 1 STEEM with no message, it will be handled as an auto-select sponsorship of a paused member. @sneakyninja will receive 1 share, and @arcange will receive one share. The paused member chosen will be the member that has been in paused status the longest. (Typically the first name shown on the paused members list, although it could be somebody from the full list with more than 1 share already).

New and existing members can continue to increase their basic income by designating sponsorships, and any enrollment transaction with a name to sponsor will be handled as it always has been, with 1 share given to the sponsor and 1 given to their person sponsored.

Upvote @steembasicincome regularly to increase the basic income that you receive

Vote weight will be adjusted upward for members that upvote @steembasicincome. Currently members are receiving 102 shares worth of 'bonus' vote weight by upvoting regularly!
Details here: https://steemit.com/basicincome/@steembasicincome/steem-basic-income-some-program-changes

New feature - delegation bonus shares

I had a brief discussion with a member this week, about the way that voting weights are handled for bonus shares from upvoting. Members with more valuable upvotes do not receive as much benefit from upvoting similar amounts. For example, Member1 might have a $1 upvote, while Member2 might have a $0.10 upvote. If member 2 upvotes 20 times over the measured period (28 days), they will deliver $2 in value to the collective through their upvotes, and they will receive 1 bonus share. If member 1 upvotes the same number of times, they will deliver $20 in value, but also only receive 1 bonus share. If they adjust their upvotes to 10% to deliver the same $2 in value, they would only receive 0.1 bonus shares (a much smaller adjustment to their upvote weight.

We designed it this way because it is easier for people with high SP to increase their basic income by purchasing additional shares and sponsoring more people. However, we recognize that some members may not want to liquidate their SP (or may be using every bit of STEEM to power up), and we would like to provide them a way to receive bonus shares while still benefiting the entire collective.

To that end, any existing members can now receive bonus shares by delegation. For every 25 SP delegated to @steembasicincome, members will receive 1 bonus share. Now member A can get similar bonus shares to member B by delegation instead of upvoting, to the benefit of everyone involved! Currently each share receives a weekly voting weight of 8.42%

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:

100200300400500

Upvote Bots

@earthnation has a new upvote bot, @earthnation-bot. It is designed for helping red fish to improve their SP. A tiny fee of 0.05 SBD returns an 0.25 upvote, but it is limited to Steemians with less than 500 SP. We received this great offer from them, because they firmly support what we are doing:

Our membership previously voted against the use of bidding bots for @steembasicincome, but fixed-return bots work differently and this is a great opportunity, so we are bringing it before the collective. Please vote on one of the comment threads from @steembasicincome and feel free to share your thoughts. When the threads payout, we will follow the outcome, on the basis of one member, one vote.

Paused Members

Since some members are quite prolific, their voting weight for each post has dropped below 0.50%. We will start listing these members as 'paused' members in each membership update. When their vote weight increases (through less frequent posting, more shares, or by bonus vote weight from upvoting @steembasicincome) they will start receiving upvotes again. @steemvoter has announced that they will incorporate daily rate settings (so we can upvote these members once daily instead of each post) in a future build. Once that becomes available, we will retire this status.
Details here: https://steemit.com/basicincome/@steembasicincome/steem-basic-income-now-with-paused-members

Inactive Members

Steem Basic Income is delivered through upvotes on posts. The weekly upvote weight (currently 10.72% per share) is divided across the total posts each week. If members are not posting, we are unable to deliver their upvotes. We will start identifying members that have not posted in the last week as inactive members. If you know these members personally, please invite them to come back and start posting again!

We are up to 730 shares, with 346 members. There are 41 paused members and 60 inactive members. If you believe your share count to be incorrect, please let us know and we will happily check it again.

Current Membership

Steemian NameProgram Shares
@josephsavage30
@sneakyninja112
@rodeo67012
@miti3
@costanza3
@vimukthi12
@haejin7
@tt-dogg14 (inactive)
@docmastery2
@summertooth3 (inactive)
@starjuno2
@diabolika2
@cryptocoinptrs11 (inactive)
@freeforever2 (paused)
@jaichai3
@sevlom7773 (inactive)
@aleoni2 (inactive)
@ecoinstant23
@snook7
@simgirl4
@ecoinstante3 (inactive)
@sharoonyasir2
@mariannewest16
@sashagenji2 (inactive)
@cryptogecko5
@babysteps5
@hopehuggs2
@earthnation5
@taskmaster44502
@f3nix15
@dswigle2
@scarlet712
@toofasteddie3
@dandesign862
@point2 (inactive)
@wandrnrose74
@dakotakaiser7
@tattoodjay2
@topkpop2
@janine-ariane3
@zlotus2
@wanderingartist2
@omra-sky7
@brisby6
@djlethalskillz2
@paradigmprospect4
@make-a-whale2
@jbn2
@alphacore13
@improv4
@enjar2
@theb0red14
@heydarthy3 (inactive)
@soyrosa2
@r00sj32
@greatestjourney2
@doubledipshit2
@chrismccron3
@allcapsonezero2
@wylde2
@greatestjourney2
@deaconlee2
@marcoriccardi2
@mountainwashere2
@theprism2
@sostrin5 (inactive)
@simplemoney2 (paused)
@minnow.helper2
@fogel2
@arcange2 (paused)
@liquidflame2
@gabchik2
@angrysage2
@chiefmappster2
@natou2
@soushi8882
@boobenchik2
@adonisabril2
@deismac2

Single Share Members

@durzo, @splendorhub, @vitalmistake, @kit.andres, @gardenbsquared, @pathforger, @vangelov, @chrisroberts, @critic-on, @japhofin8or, @grapthar, @nehab, @docdelux, @valorforfreedom, @nomvula, @kingscrown, @beiker, @ashe-oro, @anyway, @hilarski, @penguinpablo, @theguruasia, @kryptonaut, @dennisauburn, @benjamincossel, @lindahas, @marillaanne, @firedream, @axios, @bluerthangreen, @occupywallets, @razvanelulmarin, @cryptosuf, @teahna, @scuzzy, @danyelk, @jedigeiss, @enchantedspirit, @catweasel, @underground, @torico, @discordiant, @owenwat, @welshstacker, @xabi, @praise-eu, @xettrinabin, @pawanregmi28, @upv4life, @clara-andriessen, @xyzashu, @nicholas83, @vindy, @ivan.atman, @scottsantens, @perennial, @riovanes, @not-a-bird, @kaylinart, @jrswab, @cynicaloptimist, @kristyyd, @staceyjean, @molovelly, @closerv, @braveheart29, @zord189, @birjudanak, @likedeeler, @jacinta.sevilla, @psychsherpa, @beatseb, @carrieallen, @haphazard-hstead, @doctorcrypto, @ilyastarar, @geekorner, @marxrab, @apanamamama, @ironshield, @adetola, @cizzo, @privat, @robertlyon, @tensor, @hanggggbeeee, @acelad, @sweetbbsr, @criptoes, @holothewise, @wolvesabyss, @vegeta, @jyotigujju, @photocontests, @healingherb, @amanprem, @firephoenixdance, @katysavage, @sweetpea, @lauriki, @bola, @frieda, @grey580, @shakazula, @termitemusic, @theaussiegame, @earthnation-bot, @dylan007, @profedel83, @thearts, @shutthefrontdoor, @arbitrarykitten, @alexpavlenko, @dedicatedguy, @mrwildenfree, @whatisnew, @bunnymoney, @inputoutput, @macmaniac77, @themanwithnoname, @treatimusprime, @fknmayhem, @alishi, @earisu, @freedompoint, @jorlauski, @cjzachary, @stortebeker, @rocking-dave, @lonestarpoet, @deerjay, @nobyeni, @debbietiyan, @sardrt, @lilastar, @craigahamilton, @evofield, @positivelight, @wido, @thehomeschoolkid, @shawnster, @jewels3, @s-montagu, @shreyansh, @bethwheatcraft, @spazzmatikk, @macchiata, @dineandtravel, @adrianobalan, @ziktor, @longsilver, @yuriks2000, @artjohn, @mineopoly, @sayee, @matren, @bammbuss, @serfis, @bogdanfees, @yekrats, @flashfiction, @yana.gora, @narchuk, @melianna, @vibeof100monkeys, @andrew.tischler, @worldclassplayer, @grottbags, @heightenedliving, @coupleumbrella, @investfourmore, @janusface, @dimales, @geopolis, @samve, @greatestjourney, @jacobts, @ew-and-patterns, @mountainjewel, @flamingbot, @nichi

Paused Members

@gabrysi, @damira, @zer0hedge, @uwelang, @boxmining, @weirdheadaches, @idikuci, @googlee, @vee2180, @bryandivisions, @kayclarity, @fitinfun, @havok777, @adammillwardart, @hanen, @eaglespirit, @funatoz, @wanderingkells, @howtostartablog, @svashta, @k3b4b, @entrepreneur916, @fishyculture, @direwolf, @chireerocks. @whatamidoing, @xtetrahedron, @libertylol, @faustino, @jfolkmann, @tarazkp, @trashureseeker, @jade3141, @mariya-lorenz, @cranium, @ammadkhalid, @oleksandr

Inactive Members

@familyprotection, @bitopia, @aurora-ca, @karthikdtrading1, @solisrex, @joshua-golbuu, @dmwh, @anarchrysalis, @zingtoys, @butterfly-effect, @crowdfundedwhale, @grimbly, @olivers-wilde, @mysticalword, @chaostheory, @thegrandestine, @audiosiren, @martijn4ever, @jamieklinger, @chiknhead, @tythetraveler, @thephilosophizer, @paps, @excellfitlife, @gnefkow, @lexiconical, @risemultiversity, @revo, @boywonder, @ensteemit, @starfall, @mara93, @kittykarma1111, @arthuradamson, @spykemajeska, @cryptotortoise, @stinawog, @antic, @sachdharamsingh, @zakariachowdhury, @arkayani, @syncubate, @nadhiramusic, @sunnyofoz, @uniquecosmos, @laurabean, @satinderdahiya, @silverhunt, @bereginja-steem

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. You could also send 1 SBD and the extra value will be treated as a donation to the program and used for promotion or powering up.

Questions?

We broke down the mechanics for how the program works in the extended introduction. If you have any other questions, ask away in the comments section!

Sort:  

I recognize that fixed-return bots are different than bidding bots. We should use @earthnation-bot on each update post, and grant 1 bonus share for every 3 uses.

I sent 1 STEEM @steembasicincome including a sponsor.. How long does it takes that you upvote ? ✌️

We having processed any new enrollments since Sunday, due to illness. We should catch up the newer enrollments today. After you receive your enrollment confirmation, you will start seeing upvotes on your new posts.

I'm not entirely sure what you mean when you say grant bonus shares?

@earthnation-bot currently has one share. In their offer to let us use their service (even though our SP is otherwise to high, they asked about receiving some bonus shares. For each 2 or 3 uses (depending on which choice prevails) we would increase their share count by 1 (gradually increasing the upvote weight they receive).

If you don't care whether it should be after 2 or 3 uses, feel free to vote for both.

And this will earn us a pretty good return in the long run/ not dilute the pool too much?

We suggest a rate of 1 bonus share for each 2 or 3 uses so that the benefit the service delivers will be greater than the cost of dilution. (This is why there is no option to vote on 1 bonus share per use).

I recognize that fixed-return bots are different than bidding bots. We should use @earthnation-bot on each update post, and grant 1 bonus share for every 2 uses.

I don't like fixed return bots any better than bidding bots. We should not use any outside bots to build SP for @steembasicincome.

The registration fee is in STEEM. As long as SBD is more valuable than STEEM, we will accept SBD instead and consider the extra value a donation. If you don't want to make that donation, it is very easy to sell SBD for STEEM using the Market (link appears when you click your STEEM holdings in your Steemit wallet.)

Earthnation was who let me know about steembasicincome. Do you have an idea about how much each upvote is worth with 2 shares versus 1? I am thinking about delegating

Worth 2x as much ;)

We don't like to promise specific numbers, as it varies based on posting frequency and number of total shares (and bonus shares), but... At this moment one share delivers roughly $0.13 per week. Which would an approximate delegation APR of... 27.04%

Hi guys! That of @earthnation is a great article indeed and I think you fully deserved their endorsement for your project. Put a + 2 on me please (just did a 2 steem transfer for two friends). I set up the automatic steem-voter for you btw. Also, if possible vote my last article here as I saw it remained out. Keep it up!

Thanks for your support @f3nix. We will double check your numbers again when we process the next enrollment batch. (Later today if I'm feeling up to it, but it's a sick day...)

All mondays are sick for me 😜

Using @earthnation-bot sounds good to me. Is this the right place to vote though?

Upvote one or both of the comments that say we should use it.

Was that Amen on not liking bots? You should upvote the comment to have your vote counted. (One vote per user, so even a 1% upvote on the comment will register as a vote against using the fixed return bot)

Greetings! I am a minnow exclusive bot that gives a 5X upvote!
I recommend this amazing guide on how to be a steemit rockstar!
I was made by @EarthNation to make Steemit easier and more rewarding for minnows.

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