You are viewing a single comment's thread from:
RE: Steem Basic Income FAQ Contest - 500 SBI in Prizes
I suppose units also mean shares? If yes, then here we go...
Standard share: This is what you get when you sponsor someone.
Bonus share: This is temporary reward for delegation.
Management share: As the term implies, this is for the management team and set at 5% of the existing shares.
Temp shares: Management share that are temporarily awarded to members who help improve the program.
Accurate. Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Rating 5
While this is accurate, I don't think average users need to know about management and temp units.
Rating 6 - a good clear and concise explanation. 1 point off for using "shares" instead of "units"
I give a 6. Stated units as shares, good but does not properly explains Standards units/shares.
Clarity score 6
The one we get from getting sponsored is also the standard share...