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 providing regular upvotes to member content.
Sustainability Coverage and VP Management
Sustainability Coverage is currently at 94.42% and rshares reward rate is 745,947,390 per SBI unit per day.
The rshares reward rate for bonus units (delegation reward) is not decreased. It actually is higher, to return curation rewards to our delegators. You can help increase the sustainability coverage (and thus the rshares reward rate on regular units) by delegating to @steembasicincome.
For more information, please read Into the Heart of Sustainability.
Upvoting Reward multipliers are currently at 1.10x until our Voting Power recovers to 80%.
Enhanced Votes Graph
We last published this graph that 'maps' the interrelationships in our member pool ten days ago. Here is our graph and analysis from last time we published it:
@steembasicincome/enhanced-votes-graph-17-april-2019
And here is the graph from this week:
It only shows people that regularly upvote each other or @steembasicincome, or have high subscription levels for regular upvotes that are too big for our smaller voting accounts to deliver. That makes sense, because we have over 4800 active members that are voted by ten different accounts. All of those interrelationships would be too much for this chart.
Member spotlight: @r2cornell
We have a lot of new faces this week; it took me a bit to figure out who I wanted to spotlight. Then I saw @r2cornell hiding in the corner and I just knew it needed to be him. He has sponsored dozens of accounts for large enough subscriptions that they get very regular upvotes.
It adds up to a lot, making him one of the few accounts that receives full 100% upvotes from each account every time he posts. Pending value that we can't deliver yet remains in pending upvote balance until we are able to boost our SP and VP enough to catch up.
If you see him lurking in our discord, scoping out how much SBI everyone has to figure out where he can sponsor for the greatest impact, give him a big thank you and high five for his ongoing support.
Change the account name in the Steem Reports link to any account you want to look at:
http://www.steemreports.com/votes-graph-enhanced/?accounts=r2cornell
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 unit in the program. You can sponsor any active Steemian (except for yourself), 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.
@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?
Please read our FAQ. If you still have questions, ask in the comments section or join us in our discord channel.
You can look up your current membership levels by using !sbi status in a comment or post, or by using our newly modified member lookup tool.
The Block Party! ➡️June 20th-23rd
Steem Basic Income is an official sponsor of The Block Party.
image by logo contest winner @edxserverus