Member Upvotes Provide Sustainability
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.
Sustainability Coverage and VP Management
Sustainability Coverage is currently at 86.70% and rshares reward rate is 693,602,500 per SBI unit per day.
The rshares reward rate for bonus units (delegation reward) is not decreased, but also returns curation rewards to our delegators. You can help increase the sustainability coverage (and thus the rshares reward rate on regular units) by delegating to @steembasicincome.
For more information, please read Into the Heart of Sustainability.
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 4848 members that have posted or commented within the last 28 days. Members that are not posting continue to accrue their voting balance, and upvotes will resume automatically when they return. There are currently 166810 subscribed units in the program, up from 156289 last time we published this report nine days ago.
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! 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 rewards system.
Here is a visualization of our incoming votes for the last week.
It is important to note that this 2.2% self-vote means that 2.2% of our received upvote value was from our self-votes, not that 10.5% of our voting power was spent on self-votes. In fact, we only spent 1.01% of our voting power on self-votes, and we would be comfortable with spending more.
This is a trend that I'm not happy about. VP is still recovering, but now that leasing costs are dropping, we will pick up the pace for our self-voting this week and try to make this trend-line go positive again.
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.
![](https://steemitimages.com/DQmYyGi4HvKXuvQJ7sWPQHH5W33ThfAE74dpsJgMJ6n8UiZ/SBI%20Promo%20Banner%20PNG.png)
Global Block Builders
Steem Creators Conference is now Global Block Builders. We are happy to have been invited back for our third appearance. Join us in Austin, TX, USA from April 10 through 13.
How much is the blockbuilders conference?
Posted using Partiko iOS
I’ll answer my own question....looks like $99 usd
Posted using Partiko iOS
Would love to see you there! But of course we could meet just by getting a Utah Meetup together finally...
I know. We need to get back on planning that. Life just gets crazy.
Posted using Partiko iOS
Yes we do. It was right before Steemfest, and then the holidays, and then in January we did some travel, February was Katy's birthday, March we were focused on preparing for Global Block Builder next week...
May looks good for us I think?
May is crazy got me. We have 2 trips planned. June is my slowest month for sure. Let’s try then.
Posted using Partiko iOS
I'll message you on Discord.
Congratulations @steembasicincome! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
This very incredible! Thanks for your support!
This is a great opportunity.
!sbi status
Hi @guysellars!
Structure of your total SBI vote value:
A pending upvote balance is tracked for you in our database. Each time you post, your balance is drawn down by up to 20%. If you post again before that amount is replenished, your next upvote will be smaller. Our minimum upvote for posts is $0.012. Your balance accumulates until a minimum upvote can be delivered with 20% of your pending balance.
!sbi status
Posted using Partiko iOS
Hi @alfonzo!
Structure of your total SBI vote value:
A pending upvote balance is tracked for you in our database. Each time you post, your balance is drawn down by up to 20%. If you post again before that amount is replenished, your next upvote will be smaller. Our minimum upvote for posts is $0.012. Your balance accumulates until a minimum upvote can be delivered with 20% of your pending balance.
!sbi status
Hi @alaysiababin!
Structure of your total SBI vote value:
A pending upvote balance is tracked for you in our database. Each time you post, your balance is drawn down by up to 20%. If you post again before that amount is replenished, your next upvote will be smaller. Our minimum upvote for posts is $0.012. Your balance accumulates until a minimum upvote can be delivered with 20% of your pending balance.
Hi @steembasicincome!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.836 which ranks you at #388 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 247 contributions, your post is ranked at #56.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
!sbi status
Hi @scilwa!
Structure of your total SBI vote value:
A pending upvote balance is tracked for you in our database. Each time you post, your balance is drawn down by up to 20%. If you post again before that amount is replenished, your next upvote will be smaller. Our minimum upvote for posts is $0.012. Your balance accumulates until a minimum upvote can be delivered with 20% of your pending balance.
!sbi status
Posted using Partiko Android
Hi @dreamer007!
Structure of your total SBI vote value:
A pending upvote balance is tracked for you in our database. Each time you post, your balance is drawn down by up to 20%. If you post again before that amount is replenished, your next upvote will be smaller. Our minimum upvote for posts is $0.012. Your balance accumulates until a minimum upvote can be delivered with 20% of your pending balance.
!sbi status
Posted using Partiko Android
Hi @salimbur!
Structure of your total SBI vote value:
A pending upvote balance is tracked for you in our database. Each time you post, your balance is drawn down by up to 20%. If you post again before that amount is replenished, your next upvote will be smaller. Our minimum upvote for posts is $0.012. Your balance accumulates until a minimum upvote can be delivered with 20% of your pending balance.