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RE: Steem Basic Income FAQ Contest - 500 SBI in Prizes

in #contests6 years ago

Accurate. Management units (created at level of 5% of standard units) are also counted as bonus units. The prizes from this contest will be management units (bonus units), but they will be perpetual like regular units instead of dependent on delegation.
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.

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