Member Upvotes Provide Sustainability 10 May 2019

in upvotes •  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.

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 4924 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 190583 subscribed units in the program, up from 186391 last time we published this report seven 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.

5.2% of our total value received was from our low 0.56% self-voting. We are also coordinating self-voting across our multi-account voting system. @sbi2 is the next highest SP account. Across the program we are only up to about 4.59% self-voting, with a target level of 10%. Our VP also recovered further, from 15% last week to 19% today. We hope for more recovery in the weeks to come.

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



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.

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.

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Always happy to throw an upvote your way!

thanks ! @steembasicincome ♥♩♬♬
Let's Together Keep On ! #steem ♨ On ! 💙 ♬

Posted using Partiko Android

Congratulations @steembasicincome! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You received more than 290000 upvotes. Your next target is to reach 300000 upvotes.

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

Do not miss the last post from @steemitboard:

SteemitBoard - Witness Update
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Those bonuses really make a difference. 👍👍

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 6.021 which ranks you at #337 across all Steem accounts.
Your rank has improved 7 places in the last three days (old rank 344).

In our last Algorithmic Curation Round, consisting of 158 contributions, your post is ranked at #42.

Evaluation of your UA score:
  • You've built up a nice network.
  • The readers appreciate your great work!
  • Try to improve on your user engagement! The more interesting interaction in the comments of your post, the better!

Feel free to join our @steem-ua Discord server

!sbi status


Hi @maxblaschke!

  • you have 2282 units and 0 bonus units
  • your rshares balance is 55871225325562 or 25.290 $
  • your next SBI upvote is predicted to be 5.058 $

Structure of your total SBI vote value:

  • 97.13 % has come from your subscription level
  • 20.77 % has come from your bonus units
  • 0.03 % has come from upvoting rewards
  • -18.01 % 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!

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

  • Upvotes - Ranked 3 with 1501 upvotes