What is Hive SBI?
Hive Stake Based Income (Hive SBI) is a social experiment to bring a voluntary crowdfunded basic income to as many Hivers as possible. Members join by sponsoring others into the program. Hive SBI is delivered through providing regular upvotes to member content.
Is this Steem Basic Income??
Steem Basic Income appreciates everyone that has supported us in our original vision to bring a voluntary crowdfunded basic income to as many Steemians as possible. Now that the blockchain has forked, we don't think members should be penalized or lose their support based on which blockchain they choose to support.
We have decided to honor pre-fork subscriptions on the new blockchain, and even make available an option to fully migrate to the blockchain of your choice (details below under refund policy). From the time fork, new enrollments will only apply to the chain on which they are funded.
{Please be patient as we gradually release Hive SBI materials and then update the reference links for all the posts linked in this FAQ. At publication, they link to the original Steem Basic Income materials.}
How do I join (or increase my subscription level)?
First, you can simply send 1 HIVE (or more - whole numbers only, no fractional units will be allocated) to @steembasicincome and include someone else's account name as the transaction memo.
Second, delegate HP to @steembasicincome. 1 bonus unit is granted per 2 HP delegated and remains in place until the delegation is removed.
Third, participate in some of the many contests run by fellow SBI members. This is not only a great way to potentially win some sponsored units, it also can help you network and grow your following.
To sponsor more than one member, please check our full Transaction Memo Guidelines and let us know if you have any questions.
The official currency for enrollment is HIVE (HIVE SBI).
{We accept HBD at our discretion (usually when they're closely priced, or when HBD is stronger) but you do not receive extra value or any partial refund for paying in HBD instead of HIVE. If we choose to accept an HBD enrollment, we accept the entire amount. If we choose to reject it, we refund the entire amount and request you to send HIVE instead.}
I sent 1 HIVE but I misspelled the name. What can I do?
If this happens please send 0.001 HIVE or HBD to @steembasicincome with the correct spelling of the name. Please specify the name you mistakenly put, as well as the correct name. These are reviewed manually, so please give us a few days to fix it and confirm.
We periodically check for misspelled or broken transactions and fix them, but somewhat infrequently. To ensure timely processing of your enrollment, please check your balances before sending and check again after 3 or more hours to confirm that your enrollment was processed.
I just sent a transaction sponsoring someone and I’m not seeing an upvote on my posts, did you miss my transaction?
If it has been at least three hours, you can check your enrollment by typing !sbi status in a comment. You can also check your Hive SBI levels in your PeakD wallet.
How frequently you receive upvotes depends on your subscription level and posting frequency, so you might not receive an update on every post you make! You can read more about our upvote delivery in Value Balances and Upvote Delivery.
How do I know how many units I have?
There are multiple ways to check your subscription level:
- On Chain: Make a post or comment with the keywords
!sbi statusin it. - On Discord: Head over to our discord and in the #bot-commands room, type in !hive yourUserName replacing yourUserName with your actual username.
- In PeakD wallet: https://peakd.com/@YOUR-STEEM-NAME-HERE/transfers
How long does my subscription last?
Regular subscription units last forever. These are the most common units, gained by sending HIVE or by being sponsored. The exception to this is if your account is blacklisted for spam, plagiarism, or illegal activity. If your account was already blacklisted before the Hive fork, then your subscription is not migrated to Hive.
Bonus units gained from delegating HP remain in place until you cancel the delegation.
Can my subscription be terminated?
Yes, your Hive SBI subscription can be terminated at sole discretion of Hive SBI for one or more of the following reasons:
- Plagiarism. Posting content from other sources without proper credits and acting as if it's your own.
- Spamming. Creating posts at rapid pace with low effort and low quality content.
- Bad faith. Bad behaviors toward other Steemians. This may include unfair flagging and other inappropriate actions.
- Blacklisted. Hive SBI uses @buildawhale and @steemcleaners blacklists to help identify bad actors. If you get blacklisted by those account you will lose the benefits of your Hive SBI subscription.
- Other reasons. Hive SBI reserves the right to terminate subscription of any user for any reason not mentioned above.
If your account was added to our blacklist, and your subscription effectively terminated, you may have the right to an appeal or partial refund. (See our full Refund Policy.
Can I sponsor anyone I want?
Yes! Just not yourself!
I'm very low on HIVE but I want to join, can someone sponsor me?
Yes, anyone can sponsor you to join HIVE SBI. Here are some ways you can get sponsored to join the program or get more shares:
- Ask a friend. Tell a friend who already is on Hive ecosystem about the program, and ask them to sponsor you. Both you and your friend get one Hive SBI unit for each HIVE sent for sponsorship!
- Winning Hive SBI contests. The are lots of contests that gives away Hive SBI units as rewards.
- Ask for payment in Hive SBI units. You can provide a product or service for someone within the Steem ecosystem and ask for payment in Hive SBI units instead of HIVE or HBD. Both you and they will benefit from the program if you transact this way!
- Buy HIVE. If all above methods are not working for you, you can always buy HIVE for yourself and enroll into the program. You also get to choose to sponsor other people to the program.
- Convert more Steem Basic Income units into HIVE Basic Income. (see Refund information below)
I know I am enrolled and I didn’t get an upvote!
First, ensure that you have an active subscription by checking the number of units that you have using the tools mentioned above.
From the !sbi status result, check if your rshares balance value is less that $0.06. If so, you need to accumulate more pending balance to hit $0.06 before you get the next $0.02 upvote. If you have reached this threshold but still did not get the upvote, contact the Hive SBI team through discord here. You can read more about our upvote delivery in Value Balances and Upvote Delivery.
Why am I voted by a different account than the person I sponsored?
Hive SBI has many different accounts; @steembasicincome, @sbi2, @sbi3, etc. Your vote will come from the most available account at the time of your post. The vote will always still have the same value that your account was due at that time, no matter which account is used to cast the vote. You can read more about our upvote delivery in Value Balances and Upvote Delivery.
How can I get bigger upvotes on my posts?
The upvote value given by Hive SBI is determined by the amount of rshares in your pending upvote balance. There are multiple ways to get bigger upvotes from Hive SBI on your posts:
- Enroll for more Hive SBI units. The larger your Hive SBI subscription, the faster your pending upvote balance accumulates. More pending vote balance means bigger upvotes!
- Post less frequently. Even when you are not posting, your Hive SBI pending upvote balance is still constantly accumulating. This will result on bigger upvote value on your next post. You can read more about our upvote delivery in Value Balances and Upvote Delivery.
- Delegating HP to @steembasicincome. You get temporary "bonus units" when you delegate to @steembasicincome. These bonus units give similar benefit compared to regular Hive SBI units. Currently, you get 1 bonus unit for each 2 HP delegation to @steembasicincome. You must already be enrolled in Hive SBI to receive benefits for delegation.
If I upvote @steembasicincome, do I get anything?
No. Phasing out of upvoting bonuses for Steem Basic Income was announced 27 October 2019. We do not plan to bring upvote bonuses to Hive SBI.
Some members get good feelings when they support Hive SBI with upvotes. Your results may vary.
Do I get any benefit from delegating Hive Power to @steembasicincome?
Yes, you get temporary "bonus units" when you delegate to @steembasicincome. These bonus units give similar benefit compared to regular Hive SBI units. Currently, you get 1 bonus unit for each 2 HP delegation to @steembasicincome. Bonus units will be removed if you withdraw your delegation.
What are the different types of units?
There are a few types of units that Hive SBI uses, representing different subscription benefits.
- Standard units are through the enrollment process. These are differentiated for our refund policy. For other purposes, these are treated exactly the same.
i. Sponsored units are received when someone sponsors you.
ii. Enrolled units are received when you sponsor somebody else. - Bonus units are earned by delegating HP to @steembasicincome
- Management units are created at 5% of standard units. These are issued to the founder (@josephsavage) and lead developer (@holger80) automatically, but may be assigned to users that help improve the project.
What are rshares?
rshares are the unit that Hive uses to calculate rewards. Whenever you upvote, the witness checks your VP% and HP to calculate how many rshares your upvote is worth. Hive SBI uses rshares to track your pending upvote value. Pending upvote value estimates returned by any of our tools are calculated from your rshares at the time of inquiry, but the actual value of your pending upvotes is dependent on HIVE prices and reward pool behavior.
Can I reach you on discord?
Yes, that is the best way to get in touch with us. Here is a link to the discord server: click here
There is a wealth of information in the #Read-me-first, #updates, and rules channels, or if you need more help, just post your question in the #help channel and a member of the team will be happy to assist you.
I’m hosting a share giveaway contest. Do you have a banner I can use?
Hive SBI doesn't have a required banner. If you have created graphics for Hive SBI contests that you would like to share, please let us know and we will include them here.
What is your refund policy? Can I sell back my units?
We will publish a detailed post about our post-fork refund policy soon. Our previous refund policy is still a good reference.
All pre-fork subscriptions (excluding accounts that were already blacklisted at the time of fork) have been split into separate Steem Basic Income and Hive SBI subscriptions. On either fork, you can request a liquid refund by sending 0.003 transaction memo to @steembasicincome. Memo should read Liquid Refund request.
Since your subscription is forked, requesting on one chain will result in a partial refund of half the amount provided by the refund policy. As the liquid refund policy only covers enrolled units, outstanding sponsored units will be transferred to the other chain (adjusted for price difference; please see italicized edit below) (adjusted for price difference; please see italicized edit below). If you request on both chains, it will result in receiving the full Liquid Refund detailed by the refund policy.
To transfer your remaining subscription from Steem Basic Income to Hive SBI (or vice versa):
Send 0.003 transaction memo, to @steembasicincome, reading Transfer Refund Request and your remaining subscription will be transferred to the other chain. (Edit: relative STEEM/HIVE prices will be taken at the time your transfer is processed and you may receive a different amount than you had on the other chain - this helps keep each program properly capitalized and fully sustainable).
Please make sure you are using nodes that interact with the chain that you are leaving when you send this request. Note that any subscription units transferred this way will be treated as sponsored units for any future refund requests, regardless of their original provenance.
| Original | Translation | Language |
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Please let us know in our Discord if you are interesting in helping with translation of program materials for Hive SBI.
Great.
I'm transferring SBI to Hive, and I will put an SBI prize again on my #gaugan contest.:)
For 2 months I have been flagged in my posts, but I didn't have fear and I kept the prize in SBI.
Thanks. :)
Good to see you here !
So to transfer from Steem to Hive, we make the request on Steemit?
That is correct. All requests need to be made from the account the request would remove value from, to show proof of keys.
I requested a refund on the Steem Chain before seeing this post. Can I change that to a Transfer Refund Request?
Yes, we will keep that in mind when processing it.
Many thanks :)
I somehow never saw this post when we first forked; so are you saying that I need to go back to Steem and send a 0.003 Steem transaction memo that says "Transfer Refund Request" because this whole time I haven't been using my full SBI shares? Gosh darnit... 😅
Edit: OK I just went to do that and now Steem is giving a popup that says it wants you to create a TRON account, and to do so, log in with your active key ...which I would need to use in order to power down and do a transfer. So I really don't want to do that. Can I send you 0.003 Hive and say "transfer to Hive request"?
I just sent you 0.003 STEEM so that you can do the transfer without having to power down. You should be able to bypass the Tron popup to get to your wallet (or steempeak.com is still operational, though it will try to coax you over to peakd instead...)
Thank you so much! Just got it done. X3 I had to re-install Steem Keychain but I used Steempeak, because I just do not trust the Steemit Wallet anymore. I can't believe I didn't realize this needed to be done months ago!
Your pending balance will have accumulated on Steem side and it will also transfer over at relative value when we process your "Transfer Refund Request"
I did a Transfer Refund Request and will continue to award SBI for the Shadow Contest Prize each week! I love seeing my SBI units in my Peakd wallet.
This is great news! I was wondering what to do about my Zapfic contest (week 101 will be relaunched on HIVE next Tuesday) as I have ALWAYS offered SBI. So I am really please I can offer Hive SBI to winners of the contest! Thanks.
I have requested a transfer from Steem to HIVE.
I know things haven't been easy for SBI over the last few months. I want you to know I really appreciate you guys, and I will continue to support you.
Thank you for your ongoing support. We have been warmly welcomed by the community over the last couple of years, and we won't let a few isolated detractors stop us from supporting the thousands of members on our roles.
To transfer your full subscription from Steem Basic Income to Hive SBI :
Do I need to transfer 0.003 steem to to @steembasicincome with memo " Transfer Refund Request " ?
That is correct, to transfer subscription from Steem to Hive, the transaction needs to be sent on Steem, to @steembasicincome, with memo
Transfer Refund RequestSome have reported unusual transactions that happened on the wrong chain. It's fine to include 'to Hive' at the end of your request. Then if we accidentally receive on Hive somehow, it will be ignored.
Transfer Refund Request to HiveorTransfer Refund Requested from Steem to HiveSo... I could essentially double my HIVE-Basic income subscription by transferring my Steem basic income subscription level to HIVE? Or am I misunderstanding?
Also, perhaps in the future retiring the branding on HIVE of steembasicincome and changing the main account name to something that doesn't say "steem" is something to consider?
Well this is awesome :) Have always been a fan of SBI . Appreciate all the efforts.
If I understand it well it's on both platforms available and can be given on both too?
Fingers crossed this great initiative will continue and help many. 👍🏻💕
That's right. It continues as Steem Basic Income on Steem, and as Hive SBI here on Hive. Enrollments are working on both platforms, and we are actively ordering new delegation leases to recharge VP and restore votes to normal levels.
Thank you for explaining. I am happy with it. 👍🏻💕
Awesome! I was wondering if my other SBI transferred!
So, yay!
!tip
Glad to see you here. 🙏
Thanks for this update, much to do so little time! Have a wonderful day.
Glad I just did nothing =) you got to love HardForks... simplest migration process possible.
A little more complicated for those making the things work, but it went more smoothly than we had anticipated.
Nice! =) just updated my delegation too as an appreciation of the work being done.
!sbi status
!sbi status
Hi @henruc!
Have you seen our website?
It's a great resource to check your Hive SBI levels, along with your history of who has sponsored you and what upvotes we have provided you!
!sbi status
Hi @noctury!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
!sbi status
Hi @elbrava!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!sbi status
Hi @improv!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @improv!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
!sbi status
Hi @cryptictruth!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.@marblely, @gertu, @olivia08, @felixgarciap, @freedomshift read this please.
It's sort of like a curation trail / subscription service based on shared delegated power.
Any other insights based on your personal experience?
I know what SBI is I received and gave it to others with the contests I hosted. My only experience is hige downvotes because I do so. I assume if you have enough shares you receive a nice upvote but it's still a small income.
Thanks. So it's kind of like a community form of interest bearing stake delegation.
It's not a community really.
If I like your post I can give you SBI. I pay for it with Steem or on Hive with Hive.
Wallet
Transfer to: SBI
Amount:.... Steel/Hive
Memo: @.... (Person you like to give it to)
What happens next is you receive a certain amount of SBI upvote for your (future) post(s). The more SBI shares you have the more % vote you receive.
If I understood it well the one who gives it receives a bit upvote too. So in this case buyer and receiver both earn a bit upvote.
Instead of SBI I can tip you too (@tipu) and pay you an amount directly into your wallet. If I tip you I pay, you receive and do not share with curators etc like you do with upvotes.
Trdo (trend token) is an option too but I do not know what happened to it after the Hard fork.
💕
I see. It's a method of boosting and tipping.
I actually didn't understand the delegation of upvote shares before, but I had seen @tipu before.
Thanks for the information.
You are welcome.
!sbi status
Hi @sifondeseltz!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!sbi status
Hi @kryptodenno!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!sbi status
Hi @jk6276!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.🎁 Hi @steembasicincome! You have received 0.1 HIVE tip from @dswigle!
@dswigle wrote lately about: Market Friday Visits The Kite Festival Feel free to follow @dswigle if you like it :)
Sending tips with @tipU - how to guide.
!sbi status
Hi @davescustommedia!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!sbi
!SBI STATUS
!sbi status
Hi @chorock!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.I requested a transfer. When will it be processed?
Your request does not follow the required syntax format.
Appropriate syntax for cross-chain transfer requests is included in our NEW FAQ:
https://peakd.com/hive-189312/@steembasicincome/hive-sbi
Not understand your comment.
I sent the required .003 Steem.
Memo section: transfer from Steem to Hive
memo needs to say, "Transfer Refund Request".
Hi @happyme. I have it all worked out now. Thanks so much for your response. I had forgotten about it until I saw our reply. That was really nice of you to stop by and try to help. I appreciate it. Nice to mee you.
Have a great rest of your weekend.
No problem, I'm always willing to help if I can. I'm glad you got it sorted out.
It was nice to meet you too.
If you are into games at all, it would be great to have you join my daily "play-by-post" adventure games.
I need to know the correct language to add to the MEMO section to get my SBI transferred from Steem to Hive processed ASAP. If not, then refund my .003 Steem.
The correct memo syntax (in English) is given in the link I shared with you.
I already forwarded my .003 steem. I'm not going to forward it again. How do I proceed from this point?
!sbi status
Hi @anderssinho!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!sbi status
Hi @tonygreene113!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!SBI status
!sbi status
Hi @martusamak!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.!SBI status
!sbi status
Hi @picsart!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @uwelang!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @tobetada!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @fermionico!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
!sbi status
Hi @oniemaniego!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @aguadz!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @normalguy!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @quinnertronics!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
!sbi status
Hi @nervi!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @rarej!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @cryptocopy!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
!sbi status
Hi @gribbles!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!
May I split my remaining subscription from Steem Basic Income to Hive SBI on two or more HIVE accounts?
You mean transfer your SBI from Steem but have it go to multiple Hive accounts instead of just one?
You could append instructions to the Transfer Refund Request (e.g. on Steem send
Transfer Refund Request; please split half to @amico and half to @other_accountof course using the appropriate account names)Thanks for the quick response, @steembasicincome!
I will split over 4 different accounts.
Indicatively, how long will it take from request to successful transfer?
We process those manually. Usually they're within a few days, but sometimes it goes a little longer.
!sbi status
Hi @senorcoconut!
Structure of your total SBI vote value:
No longer active on Steem? Convert your Steem SBI into Hive SBI.
See our FAQ for details!