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RE: Steem Basic Income FAQ Contest - 500 SBI in Prizes

in #contests6 years ago (edited)

Yes, each time you upvote any @steembasicincome, @sbi2, @sbi3 , ect post your vote value is multiplied by 1.34 and added to your Rshares balance. Rshares are used to give your upvotes a bonus. There is no limit to Rshares balance and is also shown with "!sbi status" command. You get to keep your curation as it is not removed from your bonus.

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The old program with bonuses based on your voting consistency over a rolling 28 days was completely replaced by the new upvote multipliers. (You don't get both.)

You are welcome to edit your submission and I will review again (or you can resubmit if your edit is substantial.)

Edit: Accurate. Response accepted as a qualifying submission.

Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.

Thank you for explaining I have updated and love taking part in this I am learning things I didn't know.

Rating 6 - the multiplier is fixed as i understand at 1.34, not a range. A good attempt at simplifying the Rshares topic.

Edit
Rating change to 7 - with the edits, I like this answer now.

I will need to have him confirm that cause they reason I changed to a range today was that @sbi-booster told @macoolette above that it was a range. I will also look into that because everything I found said it was 1.34 now but in that comment he said it was that range.

we later boosted the multiplier from 1.25 to 1.34x

It was 1.25, but it was boosted to 1.34x. We could see how this might be incorrectly interpreted as a range and we accepted her modified response (and yours) because the current (fixed) value is within that range.

When we say technically accurate instead of just accurate, it's usually because we interpret the wording as being correct, but potentially confusing. These responses could still win (because the clarity/helpfulness ratings are up to the participants) but we might tweak the wording a little before including in the new FAQ. (i.e. i could say 'from 1.25 to 1.40 and it would be technically accurate because 1.34 is within that range, but just 1.34 is more accurate because it's not actually a range)

We originally announced at 1.25x and it was at that level for a few hours after our initial release. I had a conversation that day with @thedarkhorse from @pifc and @minnowbuilder about the calculation and its intent. From that conversation I realized that for the multiplier to work as intended, it actually needed to be 1.34x. I updated our configuration file and it has been set at 1.34x since.

Thank you for explaining that. I have changed it to show the correct 1.34 again.

That was super fast! You got to it before I finished with the @sbi-booster replies and moved on to the @steembasicincome replies that have not been reviewed yet.

This is a 6. An example would have made it perfect as it would provide more clarifications.

6 clarity point

Only upvotes to @steembasicincome that counts iirc. Good clarification on curation rewards.