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.

Renewed Growth

We have ten voting accounts, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9 or @sbi10. The new system dynamically selects the best account to deliver your upvote at the time of upvote delivery.

We currently have 4159 members that have posted or commented within the last 28 days, and many more members that have not. Unfortunately the members that are not posting are not receiving upvotes. There are currently 103974 units in the program, and it grows every day.

Support from Members

Thank you all for your support! Upvotes that we receive from members are an essential component to keep delivering a sustainable basic income! Our base SP growth is still partially dependent on our small self-voting percentage, but we hope to decrease that dependency as more members recognize the benefits to increasing their auto-votes under the new system.

img source: http://www.steemreports.com/top-voters/@steembasicincome

You've seen the chart of upvotes received, but how does that drive sustainability? Here are our SP rewards received over the last 28 days:

Now that most processes are handled automatically, we can make a renewed effort to publish daily updates and amplify the sustainability boost that we receive from member upvotes.

Upvoting Bonuses

Each time we receive author rewards for a post or comment by any official SBI account, we will identify the rshares that each member added to that reward using their upvotes. Those rshares will be added to the member balance, with a multiplier of 1.34x.

For example, if you upvote us by $1, then $1.34 would be added to your balance when the post pays out. This would result in you receiving $1 back, even after curation rewards. 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.

Enrollment

If you want to get involved, or to increase the level 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 share in the program. You can sponsor any active Steemian (excluding yourself), it does not have to be a current member.

If you're unclear, please check out our full transaction memo guidelines and let us know if you have any questions.
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-new-transaction-memo-guidelines

The official currency for enrollment is STEEM. We accept SBD at our discretion but you do not receive extra value or any partial refund for paying in SBD instead of STEEM. If we choose to accept an SBD enrollment, we accept the entire amount. If we choose to reject it, we refund the entire amount and request you to send STEEM instead.

Enrollments are processed automatically every 144 minutes. Confirmation transactions are still manual and typically are sent within 2-3 days. Even if you have not received a welcome transaction, you can check your status using !sbi status.

SBI Writer's Group Needs Your Help

A few spots are available for interested writers to join the SBI writer's group.
You do not already have to be a member of Steem Basic Income to take up this opportunity, but a basic working knowledge of SBI would help.

Here are some examples of previous interviews created by members of the SBI writers group. As you can see from these examples, we let this lapse for a while, but we are ready to take it to the next level!

Interview with @andrewharland

Interview with @f3nix

Interview with @dynamicgreentk

Interview with @improv

Participating writers receive payment in SBI units, along with a writing credit on articles and updates published on @steembasicincome account, to 5k+ followers. Bonuses in STEEM/SBD are available for quality work that requires minimal editing.

Full information about the program is available here. If you are interested, please direct message me (@josephsavage) on the Steem Basic Income discord server.

Questions?

We are still working on the new FAQ, but helpful resources are listed below. In particular, parts [two] and [four] of the “Vote Values in SBI” series provide explanations about how the new system works.
To review your counts, try including !sbi status in any comment or post. If you still have questions, ask in the comments section or join us in our discord channel.

Helpful Reading	📖
A Complete Overview	Frequently Asked Questions
Managing Voting Power	Pulling Back the Screen
Steem Basic Income, rShares, and Automation	New SBI Member Lookup Tool
Vote Values in Steem Basic Income - Part One: Blockchain	Vote Values in Steem Basic Income - Part Two: The Way We Were
Vote Values in Steem Basic Income - Part Three: Where Are We Going?	SBI 1.0 - Initial Automation Release
Vote Values in Steem Basic Income: Part Four - Value Balances and Upvote Delivery

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Foreign Language Resources	📖
[VN] Phân tích rủi ro và ước lượng xác suất cho SBI.	[Traduction] Steem Basic Income - FAQ
[PT] Steem Basic Income - Questões Frequentes	Steem基本收入 (Steem Basic Income) - 常见问题 FAQ
Filipino Translation: Steem Basic Income - Frequently Asked Questions	Filipino Translation: Steem Basic Income - A Complete Overview
Indonesia translation: Steem Basic Income - Frequently Asked Questions