Member Upvotes Provide Sustainability 6 July 2019

in services •  2 months ago 

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.

Support from Members


Thank you all for your support! Upvotes that we receive from members are an important component to keep delivering a sustainable basic income!

Here is a visualization of our incoming votes for the last week.
image.png

source: http://www.steemreports.com/incoming-votes-info/?account=steembasicincome&days=7

9.2% of our total value received was from our low 3.08% self-voting. Less than 24% of our sustainability coverage is provided by author rewards. Ideally it would be at least 33% (or high enough that our self-vote percentage is higher than our total value received from that self-vote.

Our rising VP has reduced the number of members receiving maximum deliverable upvote on each post from our peak of 30 down to only 2 in the past week.

Curation rewards have been steadily falling over the last couple of months as more and more people are using SteemRewarding and other curation optimizing bots instead of steemauto and steemvoter. Author rewards have not been growing fast enough to make up for this loss, resulting in a flattening of our total SP rewards trend.

Upvoting Bonuses


Each time we receive author rewards for a post or comment by any official SBI account, we check the value that each member added to the reward. That value will be added to the member's balance, with a multiplier of 1.10x.

For example, if you upvote this update by $0.10, then $0.11 would be added to your balance when the post pays out. 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.

This is a great way to boost the Steem Power for program accounts. If your program (or account) does any self-voting to build a permanent SP base, please consider upvoting @steembasicincome each day instead.

(Official SBI Accounts: @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9, @sbi10, @sbi-booster. Our automated system dynamically selects the best account to deliver your upvote at the time of upvote delivery.)

Steady Growth


We currently have 4851 members that have posted or commented within the last 28 days. Members that are not posting continue to accrue their pending upvote balance, and upvotes will resume automatically when they return. There are currently 223782 subscribed units in the program, up from 219824 last time we published this report six days ago.

Enrollment


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

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

The official currency for enrollment is STEEM. If we choose to accept SBD without refunding it, you do not receive extra value for it. Enrollments are processed automatically every 144 minutes.

Questions about Steem Basic Income?


Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional resources that it suggests. If you still have questions, ask in the comments section or join us in our discord channel.

Authors get paid when people like you upvote their post.
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!sbi thatkidsblack

So, once I'm enrolled, am I free to send STEEM in order to increase my shares?

Yes. To get enrolled you have to send 5 steem first time.
Second you can se whatever amount, you just have to include another steemian in the memo, because you both get shares

Posted using Partiko Android

Initial enrollment is only 1 STEEM actually, but 5 STEEM gives a better experience.

Ohh :D Though it was 5. Thanks! :D

Posted using Partiko Android

Upvote bonuses are the 💣

Posted using Partiko Android

!sbi status

Hi @cloudblade!

  • you have 14 units and 0 bonus units
  • your rshares balance is 138716398404 or 0.070 $
  • your next SBI upvote is predicted to be 0.014 $

Structure of your total SBI vote value:

  • 45.98 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 54.02 % has come from upvoting rewards
  • 0.00 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz

감사합니다~💙 @steembasicincome

Posted using Partiko Android

Hi @steembasicincome!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.075 which ranks you at #307 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 161 contributions, your post is ranked at #35.

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • Good user engagement!

Feel free to join our @steem-ua Discord server

!sbi status

Posted using Partiko iOS

Hi @bobskibob!

  • you have 77 units and 0 bonus units
  • your rshares balance is 493758320370 or 0.251 $
  • your next SBI upvote is predicted to be 0.050 $

Structure of your total SBI vote value:

  • 82.32 % has come from your subscription level
  • 0.43 % has come from your bonus units
  • 15.43 % has come from upvoting rewards
  • 1.81 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz

!sbi status

Posted using Partiko iOS

Hi @alfonzo!

  • you have 1 units and 0 bonus units
  • your rshares balance is 373831069413 or 0.190 $
  • your next SBI upvote is predicted to be 0.038 $

Structure of your total SBI vote value:

  • 12.69 % has come from your subscription level
  • 0.00 % has come from your bonus units
  • 74.75 % has come from upvoting rewards
  • 0.00 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz

!sbi status

Hi @evernoticethat!

  • you have 6 units and 51 bonus units
  • your rshares balance is 1549892937517 or 0.784 $
  • your next SBI upvote is predicted to be 0.157 $

Structure of your total SBI vote value:

  • 7.21 % has come from your subscription level
  • 57.69 % has come from your bonus units
  • 35.10 % has come from upvoting rewards
  • 0.00 % has come from new account bonus or extra value from pre-automation rewards


    To reduce blockchain clutter, you can also check your status in our Discord server!
    https://discord.gg/VpghTRz

Congratulations @steembasicincome!
Your post was mentioned in the Steem Hit Parade in the following category:

  • Upvotes - Ranked 3 with 1567 upvotes