SBI - Member Upvotes Drive Sustainability

in #busy6 years 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.

Renewed Growth

We have ten voting accounts, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9 or @sbi10. The new system dynamically selects the best account to deliver your upvote at the time of upvote delivery.

We currently have 4159 members that have posted or commented within the last 28 days, and many more members that have not. Unfortunately the members that are not posting are not receiving upvotes. There are currently 103974 units in the program, and it grows every day.

Support from Members

Thank you all for your support! Upvotes that we receive from members are an essential 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 system.

img source: http://www.steemreports.com/top-voters/@steembasicincome

You've seen the chart of upvotes received, but how does that drive sustainability? Here are our SP rewards received over the last 28 days:

Now that most processes are handled automatically, we can make a renewed effort to publish daily updates and amplify the sustainability boost that we receive from member upvotes.

Upvoting Bonuses

Each time we receive author rewards for a post or comment by any official SBI account, we will identify the rshares that each member added to that reward using their upvotes. Those rshares will be added to the member balance, with a multiplier of 1.34x.

For example, if you upvote us by $1, then $1.34 would be added to your balance when the post pays out. This would result in you receiving $1 back, even after curation rewards. 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.

Enrollment

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

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

The official currency for enrollment is STEEM. We accept SBD at our discretion but you do not receive extra value or any partial refund for paying in SBD instead of STEEM. If we choose to accept an SBD enrollment, we accept the entire amount. If we choose to reject it, we refund the entire amount and request you to send STEEM instead.

Enrollments are processed automatically every 144 minutes. Confirmation transactions are still manual and typically are sent within 2-3 days. Even if you have not received a welcome transaction, you can check your status using !sbi status.

SBI Writer's Group Needs Your Help

A few spots are available for interested writers to join the SBI writer's group.
You do not already have to be a member of Steem Basic Income to take up this opportunity, but a basic working knowledge of SBI would help.

Here are some examples of previous interviews created by members of the SBI writers group. As you can see from these examples, we let this lapse for a while, but we are ready to take it to the next level!

Interview with @andrewharland

Interview with @f3nix

Interview with @dynamicgreentk

Interview with @improv

Participating writers receive payment in SBI units, along with a writing credit on articles and updates published on @steembasicincome account, to 5k+ followers. Bonuses in STEEM/SBD are available for quality work that requires minimal editing.

Full information about the program is available here. If you are interested, please direct message me (@josephsavage) on the Steem Basic Income discord server.

Questions?

We are still working on the new FAQ, but helpful resources are listed below. In particular, parts [two] and [four] of the “Vote Values in SBI” series provide explanations about how the new system works.
To review your counts, try including !sbi status in any comment or post. If you still have questions, ask in the comments section or join us in our discord channel.


Sort:  

Love what you do - thank you for the work and time you put into SBI :)

!sbi status

Hi @muscara!

  • you have 31 units and 0 bonus units
  • your rshares balance is 178248263810 or 0.100 $
  • as you did not write a post within the last 7 days, your comments will be upvoted.
  • you need to wait until your upvote value (current value: 0.020 $) is above 0.020 $

Love what you do - thank you for the work and time you put into SBI :)

!sbi status

Hi @muscara!

  • you have 31 units and 0 bonus units
  • your rshares balance is 178248263810 or 0.100 $
  • as you did not write a post within the last 7 days, your comments will be upvoted.
  • you need to wait until your upvote value (current value: 0.020 $) is above 0.020 $

Thanks for your support!

!sbi status

Posted using Partiko Android

Hi @dera123!

  • you have 182 units and 100 bonus units
  • your rshares balance is 11363721017119 or 6.399 $
  • your next SBI upvote is predicted to be 1.280 $

I will be posting more, but I am in the middle of a heatwave, waiting for the post Christmas excitement to settle down.

I like to write so it might be an interesting thing to get into here.

Posted using Partiko Android

A heatwave? You must be in a different part of the world than we are!

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

  • Comments - Ranked 2 with 88 comments

Surprised me a little to see it do so well.

We steemians from what I observe, as seen in the platform, have always been philantrophic in giving earnings, delegating steempower, resteeming and outright giving of steem and sbd, just to help others who needed it much, resulting to the strengthening of steem communities.

I will give my support.

I've been very pleased to see how well-received this concept is. We wanted to provide just a little push to encourage people to voluntarily crowd-source a basic income for themselves and others, and it has grown much more quickly than anticipated.

Great to see this project evolve! I have just got started and see the value for the comunity and its members! Thanks!

Posted using Partiko iOS

You're welcome. Thank you for your support!

For example, if you upvote us by $1, then $1.34 would be added to your balance when the post pays out. This would result in you receiving $1 back, even after curation rewards. In most cases, this means that a vote for SBI is more profitable than a self-vote.

Wow! That's amazing!!! Of course I'll my votes for you set at 100% so we can all grow together! :-D

!sbi status

Hi @trincowski!

  • you have 103 units and 0 bonus units
  • your rshares balance is 1744078021772 or 0.983 $
  • your next SBI upvote is predicted to be 0.197 $

This story was recommended by Steeve to its users and upvoted by one or more of them.

Check @steeveapp to learn more about Steeve, an AI-powered Steem interface.

!sbi status

Hi @kissi!

  • you have 35 units and 0 bonus units
  • your rshares balance is 276093971228 or 0.156 $
  • your next SBI upvote is predicted to be 0.031 $

Sometimes I'm late to the party, but I always catch up on my resteems and upvotes. 🎊🎉

That's how I felt about trying to keep up with enrollments when they were still manual. So much easier now!

WOw that's awesome that you're now able to take from the reward pool and add it to a users SBI. I assume now that means the old way of checking your balance based on shares won't work the same correct?

Will there be a new way to measure it going forward?

The balances that you see when you use !sbi status include the voting rewards, but the unit counts do not. Later we will provide tools that break out the total value you have received based on its source (e.g. x rshares from units, y rshares from delegation bonus units, z rshares from upvoting rewards). We have this in our database already, but since rshares are a new concept for most members we don't want to overwhelm people with too much right away.

Overwhelm me, please

Posted using Partiko Android

It's all in the Membership List Sheet in rshares, actually.

subscribed_rshares has the total earned from subscription units (regular SBI units). delegation_rshares has the total from delegation (bonus units). curation_rshares has the total earned from upvoting rewards. other_rshares is a placeholder for the redistribution from inactive/flagged members. The bonuses we granted to zero out the negative balances at release will also be added here, but they have not been yet.

earned_rshares would be the some of the 4 listed, but it doesn't some yet for about 1/3 of members because of negative balance problem at release not being included in other_rshares yet. rewarded_rshares is the total rshares that you have received in upvotes from the SBI program, and balance_rshares is your current balance (the number the !sbi status returns to you and converts into $.

I update the AutoDB tab in the master sheet about once per day, since it's not used by the bot at all.

I will expand this comment into a post sometime soon to share the knowledge with everyone, but it's not my top priority.

!sbi status

Hi @saghir!

  • you have 15 units and 0 bonus units
  • your rshares balance is 36000000000 or 0.020 $
  • as you did not write a post within the last 7 days, your comments will be upvoted.
  • you need to wait until your upvote value (current value: 0.004 $) is above 0.020 $

Hi @steembasicincome!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 5.639 which ranks you at #483 across all Steem accounts.
Your rank has improved 13 places in the last three days (old rank 496).

In our last Algorithmic Curation Round, consisting of 235 contributions, your post is ranked at #15.

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

Hi @minersean!

  • you have 2 units and 0 bonus units
  • your rshares balance is 50508137337 or 0.028 $
  • you need to wait until your upvote value (current value: 0.006 $) is above 0.010 $

!SBI status

Posted using Partiko Android

I've been told it's caps-sensitive.

Oh, how funny. But it can be anywhere? !sbi status

Posted using Partiko Android

Hi @improv!

  • you have 1343 units and 50 bonus units
  • your rshares balance is 4371987551756 or 2.474 $
  • your next SBI upvote is predicted to be 0.495 $

It can be anywhere on Steem, except not too deep into a comment thread as the bot can't handle permlinks that are too long.

Do you know if there's a way to set autovotes for comments for average users like me?

Posted using Partiko Android

!sbi status

Hi @brickmanbrad!

  • you have 9 units and 0 bonus units
  • your rshares balance is 69445066757 or 0.039 $
  • you need to wait until your upvote value (current value: 0.008 $) is above 0.010 $

!sbi status

Hi @sparkesy43!

  • you have 69 units and 0 bonus units
  • your rshares balance is 700836332801 or 0.395 $
  • your next SBI upvote is predicted to be 0.079 $

!sbi status

Hi @rosatravels!

  • you have 4 units and 50 bonus units
  • your rshares balance is 69230260811 or 0.039 $
  • you need to wait until your upvote value (current value: 0.008 $) is above 0.010 $

!sbi status

Hi @for91days!

  • you have 80 units and 0 bonus units
  • your rshares balance is 191063942977 or 0.108 $
  • your next SBI upvote is predicted to be 0.022 $

!sbi status

Hi @cryptoandcoffee!

  • you have 86 units and 0 bonus units
  • your rshares balance is 242225655300 or 0.137 $
  • your next SBI upvote is predicted to be 0.027 $

!sbi status

Hi @whack.science!

  • you have 108 units and 0 bonus units
  • your rshares balance is 201998438898 or 0.114 $
  • your next SBI upvote is predicted to be 0.023 $

!sbi status

Posted using Partiko Android

Hi @dragraff!

  • you have 59 units and 0 bonus units
  • your rshares balance is 1080766733097 or 0.610 $
  • your next SBI upvote is predicted to be 0.122 $

!sbi status

Hi @eulenews!

  • you have 10 units and 0 bonus units
  • your rshares balance is 152318057870 or 0.086 $
  • your next SBI upvote is predicted to be 0.017 $

!sbi status

Hi @rossfletcher!

  • you have 32 units and 0 bonus units
  • your rshares balance is 63036318624 or 0.035 $
  • you need to wait until your upvote value (current value: 0.007 $) is above 0.010 $

!sbi status

Hi @koskl!

  • you have 1 units and 25 bonus units
  • your rshares balance is 279164067147 or 0.157 $
  • your next SBI upvote is predicted to be 0.031 $

!sbi status

Hi @gdwcoins!

  • you have 63 units and 0 bonus units
  • your rshares balance is 153539621171 or 0.086 $
  • your next SBI upvote is predicted to be 0.017 $

@sbi3 is declared the winner of this race.

@sbi10, better luck next time!

Hi @gdwcoins!

  • you have 63 units and 0 bonus units
  • your rshares balance is 153539621171 or 0.086 $
  • your next SBI upvote is predicted to be 0.017 $

!sbi status

Posted using Partiko Android

Hi @felt.buzz!

  • you have 264 units and 101 bonus units
  • your rshares balance is 628268313945 or 0.354 $
  • your next SBI upvote is predicted to be 0.071 $

thank you!

Posted using Partiko Android

!sbi status

Posted using Partiko Android

Hi @cwow2!

  • you have 25 units and 0 bonus units
  • your rshares balance is 102141385630 or 0.058 $
  • your next SBI upvote is predicted to be 0.012 $

!sbi status

Posted using Partiko Android

Hi @nickyhavey!

  • you have 111 units and 100 bonus units
  • your rshares balance is 447896028076 or 0.252 $
  • your next SBI upvote is predicted to be 0.050 $

!sbi status

Posted using Partiko iOS

Hi @newageinv!

  • you have 34 units and 50 bonus units
  • your rshares balance is 273897179974 or 0.154 $
  • your next SBI upvote is predicted to be 0.031 $

!sbi status

Posted using Partiko Android

Hi @vaitelavicius!

  • you have 40 units and 0 bonus units
  • your rshares balance is 68494370038 or 0.039 $
  • you need to wait until your upvote value (current value: 0.008 $) is above 0.010 $

Hi @vaitelavicius!

  • you have 40 units and 0 bonus units
  • your rshares balance is 68494370038 or 0.039 $
  • you need to wait until your upvote value (current value: 0.008 $) is above 0.010 $

!sbi status

Posted using Partiko Android

Hi @oliviackl!

  • you have 25 units and 0 bonus units
  • your rshares balance is 248024855416 or 0.140 $
  • your next SBI upvote is predicted to be 0.028 $

!sbi status

Hi @ixindamix!

  • you have 4 units and 0 bonus units
  • your rshares balance is 2337245144444 or 1.316 $
  • your next SBI upvote is predicted to be 0.263 $

!sbi status

Posted using Partiko Android

Hi @raj808!

  • you have 20 units and 0 bonus units
  • your rshares balance is 2036531645665 or 1.146 $
  • your next SBI upvote is predicted to be 0.229 $

!sbi status

Posted using Partiko Android

Hi @masoom!

  • you have 36 units and 10 bonus units
  • your rshares balance is 80806689063 or 0.045 $
  • you need to wait until your upvote value (current value: 0.009 $) is above 0.010 $

!sbi status

Posted using Partiko Android

Hi @masoom!

  • you have 36 units and 10 bonus units
  • your rshares balance is 77602144300 or 0.044 $
  • you need to wait until your upvote value (current value: 0.009 $) is above 0.010 $

!sbi status

Hi @tazi!

  • you have 134 units and 0 bonus units
  • your rshares balance is 2866306139865 or 1.607 $
  • your next SBI upvote is predicted to be 0.321 $

Thanks! Let me try the new tool:

!sbi status

Hi @cyemela!

  • you have 45 units and 25 bonus units
  • your rshares balance is 657320275804 or 0.368 $
  • your next SBI upvote is predicted to be 0.074 $

!sbi status

Hi @zeldacroft!

  • you have 35 units and 0 bonus units
  • your rshares balance is 484297261934 or 0.274 $
  • your next SBI upvote is predicted to be 0.055 $

!sbi status

Hi @ntowl!

  • you have 445 units and 124 bonus units
  • your rshares balance is 4119572462487 or 2.557 $
  • your next SBI upvote is predicted to be 0.511 $

!sbi status

Hi @lightflares!

  • you have 6 units and 0 bonus units
  • your rshares balance is 98486334650 or 0.056 $
  • you need to wait until your upvote value (current value: 0.011 $) is above 0.011 $