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RE: AskHive: How do you feel about SBI (@steembasicincome)?

in Ask the Hive5 years ago

I don't have a clue how this works. Tonight, i decided to do the SBI, and sent 30 HIVE to SBI and i sponsored my friend Julia. however, i see no changes to any stats, and still don't quite understand how this works.
When i went to check my status, it said my vote value has to increase to .038 (now it's .03). anyone have any answers?

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I think it will be refreshed in 2hrs after you made the sponsorship. Both of you will get the sbi points. That's just my understanding though, I haven't been sponsored since then. :D

Every newly enrolled account automatically gets enough pending vote balance for their first $0.02 upvote. After that, your pending vote balance gradually recharges based on your subscription level. Whenever your pending vote balance is high enough to support another upvote, it will be delivered automatically on your next post.

Since only 1/3 of pending vote balance is delivered on any post (to smooth voting distribution and reduce abuse), your pending vote balance will need to reach $0.06 for your next upvote. How long this takes depends on your subscription level and on HIVE price and reward pool behavior.

ok thanks. I don't understand what "pending vote balance" means in this context though.

Upvotes that you have 'earned' from your SBI subscription, but not yet received are stored as a 'Pending upvote balance'.

There's more about it in this article:
https://peakd.com/hive-189312/@steembasicincome/hive-sbi-value-balances-and-upvote-delivery

Just did the same for a friend, the answers here helped... guess I should just wait the 2hrs