Steem Basic Income
Steem Basic Income is a social experiment to bring a voluntary crowd-funded 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.
Support from Members
Thank you all for your support! Upvotes that we receive from members are an important component to continue delivering a sustainable basic income!
Here is a visualization of our incoming votes for the last week.
source: http://www.steemreports.com/incoming-votes-info/?account=steembasicincome&days=7
4.2% of our total value received was from our low 0.86% self-voting. 19.65% of our sustainability coverage is provided by author rewards. Ideally it would be at least 33% (or high enough that our self-vote percentage is higher than our percentage of total value received from that self-vote.)
Upvoting Bonuses
Last week we opened a discussion with our membership about whether (and how) to change the upvoting bonuses. Based on the feedback we received, we plan to decrease our main upvote reward multiplier from 1.10x to 0.50x. We will also reduce the bonuses paid on our other voting account updates and comments to half that (0.25x).
These changes will occur over an extended period of 10-12 weeks. The current reward levels are 1.05x for main account updates and 1.00x for comments and voting account updates. These are for upvotes we received over the past week. Upvotes we receive over the next week will be rewarded at 1.0x and 0.90x, respectively.
This is low enough to minimize the amount of abuse while still allowing upvotes on SBI to serve as a VP overflow valve when members have busy periods where life interferes with manual curation.
We expect this change to have a positive impact on our overall sustainability metrics. While the total upvotes we receive may decrease, the amount of VP we spend to return them will decrease even more, resulting in a net positive.
There is already a fallback reward logic where low SP accounts earn a higher bonus on main account update upvotes. As part of this change to upvoting bonuses, we will evaluate and raise the fallback level so that small accounts are not negatively impacted by the change (improving the overall distribution for upvoting bonuses to benefit more accounts.) We believe that a wide SP distribution on Steem is extremely good for the system's long-term health, and wider upvote distribution from our program will help achieve that goal.
(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.)
(Sponsored Content)
Gods Unchained is a new competitive trading card game backed by Coinbase and led by the former Director of Magic the Gathering: Arena. The cards are real world tradable in an open economy, remember their stats and history, and you'll be able to play for keeps and earn valuable cards. Gods Unchained is free to play and currently in beta. You need to be invited to get in, but if you're interested in trying it you're welcome to use my beta key! https://godsunchained.com?beta-key=xHNSYaXKyj
Enrollment
If you want to get involved in Steem Basic Income, or to increase your subscription level, 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.
In effect, when you enroll, you are 'curating' another account to receive ongoing support, and at the same time receiving curation rewards - an equal level of ongoing support. 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?
Most questions are addressed in our FAQ or in these helpful resources. If you still have questions, ask in the comments section or join us in our discord channel.
Weekly Contest since 2018 - Lifetime Upvotes by Steem Basic Income
Be a winner and get 4 shares 🔖🔖🔖🔖 of Steem Basic Income for your lifetime upvotes. Have a look at my blog... @retinox
Thank you @retinox for reducing your CO2 footprint with the CO2 Compensation Coin (COCO) 👍 @co2fund
So did you guys just reduce the upvotes by half? I have invested some 400 Steem in your project so far and been supporting you daily with my own upvotes and I all I am getting now from you is a 0.10 upvote per day?
The lowest upvote you have received from us in the last week shows on Steemworld at 0.13, while most are in the 0.20 - 0.24 range. Though if you want to track your upvote values with more accuracy (to eliminate the oddities of reward pool calculations and STEEM price swings) you should always make upvote size comparisons in rshares.
After HF21, we modified our upvote delivery so that instead of delivering only 20% of your pending upvote balance each time, we deliver up to 33% each time. This makes your upvotes more sensitive to variations in posting frequency. In your case, posting 8 hours later one day and at the regular time the next day resulted in a spike in one vote followed by a decline in the next vote.
We did announce in this post that the upvoting rewards will be reduced, but the change will be gradual. We have not made any other recent changes.
Alright, thanks for the explanation guys. I better read your posts more carefully ;)
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
STOPTo support your work, I also upvoted your post!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
The figure looks great! It reflects the support of many people and communities 👏👏👏
Posted using Partiko Android
Enjoy a $trendotoken from MAPX! Please also take a look at @MAPXV and @MAXUV as MAPX tokens almost run out.
Congratulations @map10k, you are successfuly trended the post that shared by @steembasicincome!
@steembasicincome will receive 1.44566775 TRDO & @map10k will get 0.96377850 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Congratulations @steembasicincome!
Your post was mentioned in the Steem Hit Parade in the following category:
!sbi status
Posted using Partiko Android
Hi @arabisouri!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text or tags to have us skip any post or comment.!sbi status
Hi @maxsieg!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text to have us skip any post or comment.thanks ! :) @steembasicincome 💙
Steem ♨ On !
!shop
Posted using Partiko Android
Hi~ steembasicincome!
@bluengel has gifted you 1 SHOP!
Currently you have： 5 SHOP
View or Exchange
Are you bored? Play Rock,Paper,Scissors game with me!SHOPPlease go to steem-engine.com.Rock
Posted using Partiko Android
You win!!!! 你赢了！ 给你1枚SHOP币！
Good posts
Posted using Partiko Android
Du wurdest als Member von @investinthefutur gevotet!
Hi @steembasicincome!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.002 which ranks you at #322 across all Steem accounts.
Your rank has not changed in the last three days.
In our last Algorithmic Curation Round, consisting of 66 contributions, your post is ranked at #20.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
Congratulations @steembasicincome, your post successfully recieved 1.44566775 TRDO from below listed TRENDO callers:
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
This post has received a 1.56 % upvote from @drotto thanks to: @sbi-booster.
!sbi status
Hi @mcoinz79!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text or tags to have us skip any post or comment.!sbi status
Hi @chromiumone!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text or tags to have us skip any post or comment.!sbi status
Hi @hasenmann!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text or tags to have us skip any post or comment.!sbi status
Hi @relationtrip!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text or tags to have us skip any post or comment.!sbi status
Hi @kalam!
Structure of your total SBI vote value:
Take Control! Include
#sbi-skipin your text or tags to have us skip any post or comment.!hi poolweb
!sbi status