Can you please elaborate more on your sustainability plan?
Curation income amounts to only 5-8% per year. Self-voting a post each day will give you 10%. Steem Basic Income gets a few % more because of differentials between the delegation prices paid and the return offered per share. The additional value to reach 40% base ROI comes from reassigning voting value from inactive to active members, but you will not have inactive members at launch.
It looks like your program treats any member that does not post at least daily as inactive and reassigns their voting value to other members in order to meet ROI.
If this is not correct, then can you please explain where you get your extra ROI from?
Hey! Glad you stopped by! As for your question regarding our sustainability plan, I can answer that here. Firstly we plan to incorporate IncinBot(@cryptowithincin) on this scheme and will be sending upvotes from it to the bot. The end goal is to have a stable 50% upvote % by IncinBot on each post. Secondly, we plan to start start joining other upvote services that have a guaranteed roi as a way to increase liquid and sp that the post can payout. Current estimations have us at a 7% roi on the curation aspect and obviously 10% with self upvotes. Apart from this, we also have a benefit from those who delegate to us, as one is not able to sponsor someone any shares when delegating. Lastly what you said was correct. Unlike sbi, our upvote value is calculated per day and not week. Sbi on the other hand has a total value that it upvotes per week and that gets divided by the amount of posts each week. If one doesn’t post on a certain day with us, they will lose out on the vote value and that will end up being reassigned preemptively. Thanks to IncinBot we got to find out the likelihood that one is to post each day and we have used that data to account for how many extra shares we can have based on the total sp our bot has. Hope that cleared it up. There will be a much more detailed post coming out this weekend or next weekend to address sustainability specifically as many people have asked about it.