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.

img source pixabay

Holding steady

We have ten pools, so your upvotes could come from @steembasicincome, @sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9 or @sbi10. The number of members that have posted within the last 28 days grew a little to 3740 (at the time of this post). There are also many more members that have not posted. Unfortunately, the members that are not posting are not receiving upvotes. As of today, there are 62872 subscription ‘units’ in the program, and it grows every day.

After HF20, I know a lot of people who were questioning whether or not to stay on Steemit. With the Steem price down too, many lost the motivation to show up. But what I’ve found is that those of us that remain seem more engaged. Many of the communities I belong to have circled the wagons and kept ourselves busy and entertained for the most part. The slogan “stay for the community” really rings true lately.

I think @steembasicincome is not only a great source of upvotes for life, but also has a great community on the Discord channel. Questions are answered, contests are shared, and I’ve seen some good fun there too. So if you have SBI shares, think about what else you’re getting beyond the upvotes. I think you’ll appreciate it.

Delegation Bonus

Existing members can receive bonus units from delegation. For every 10 SP delegated to @steembasicincome, members will receive 1 bonus unit. These bonus units will be removed if the delegation is withdrawn. Currently each unit receives an average weekly voting value of 0.0095.

@sbi2, @sbi3, @sbi4, @sbi5, @sbi6, @sbi7, @sbi8, @sbi9 and @sbi10 are managed to target multiples (e.g. 200 shares ~ 400 SP, 500 shares ~1000 SP, etc.) For this reason we ask that members that are delegating for bonus units always delegate to pool 1 and we will manage the SP flow into the lower pools appropriately. If you want to fill SP orders through minnowbooster's market, you are of course welcome to fill the orders going to lower pools. Please do not combine filling orders for pool 1 (@steembasicincome) with delegating for bonus units.

If you would like to see how your bonus units fit into your overall reward, it is provided in our member tracking sheet. A full explanation is given here:
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-membership-update-pulling-back-the-screen

Any Steemian that is already enrolled in @steembasicincome can delegate as much as they would like, to receive bonus units. If you are not already a member but would like to delegate, please send an enrollment transaction to @steembasicincome and we will add your bonus at the time we process your enrollment.

We appreciate the members that take us up on this! Let's look briefly at our delegation sources.

We are grateful to all of our members that provide delegation. This is terrific for our long-term sustainability. Great job, everyone! If you are a member and you believe that I have incorrectly characterized your delegation as fulfilled through MB market, please reach out to me on Discord so that we can talk about it.

Here are some Handy Delegation links:

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, 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.
https://steemit.com/busy/@steembasicincome/steem-basic-income-updated-transaction-memo-guidelines

The official currency for enrollment is STEEM. Please allow up to 7 days for your enrollment to be processed.

Writer Bio

This Delegation report was prepared for us by @ntowl.

@ntowl is a freelance copywriter who plans on being a best-selling author. Her writing is all over the web, but most of it belongs to other people who paid her to write it. She recently she launched an editing service for Steem blogs. You can read how it works in this post:
https://steemit.com/steemgigs/@ntowl/how-to-use-ntowl-s-steem-blog-editing-service

Steem Creators Conference!

We had a great experience at the #steemcreators conference this September! It was a fantastic opportunity to network with other Steemians.

Watch this space in upcoming updates for @josephsavage's presentation on Steem Basic Income from the conference.

Questions?

Please read our recently published FAQ. Most questions are addressed in our FAQ or in the additional resources that it suggests. If you still have questions, ask in the comments section or join us in our discord channel. To review your counts, check out our new member lookup tool.