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RE: Steem Basic Income, rShares, and Automation
@steembasicincome, so basically is it more important to own shares, or to upvote, or is it beneficial to do both? I currently own 375 shares, I was planning on expanding that to around 500. But would that make sense, or would it make more sense to keep upvoting with the STEEMPOWER I have now instead of powering down a bit to invest in more shares?
We do not recommend powering down to invest in shares, especially before you see how your upvotes reward is impacted post-automation.
In our lookup sheet, you can calculate your % bonus by comparing your adjusted shares to your actual shares. If your adjusted are 492 and your actual are 377, then (492 / 377) = 1.305 - 1 = 30.5% upvote bonus. That's a good start!
377 / 492 = 76.6% of your rshares received are from your actual shares, and 24.4% are from your upvote rewards. You can check our upvotes on your most recent post and look up the rshares using steemd. Then compare that 24.4% to your upvote rshares value on our most recent update.
If your upvote rshares value is higher, then your upvote reward will increase after automation. If your upvote rshares value is lower, then your upvote reward will decrease after automation. If your reward will decrease, then you should focus on building your SP before building your SBI more.
Okay thanks @steembasicincome :) However I currently have around 2000 SP and 375 shares so I don't know if that is a good balance, can you give me a recommended balance like for instance,
1 sbi share for every 10 SP or I don't know something like that.