Steem Basic Income - Delegation Report

in basicincome •  7 years ago 

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.


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Delegation Bonus Shares

Existing members can receive bonus shares from delegation. For every 20 SP delegated to @steembasicincome, members will receive 1 bonus share. These bonus shares will be removed if the delegation is withdrawn. Currently each share in pool 1 receives a weekly voting weight of roughly 1.95%.

@sbi2, @sbi3, and @sbi4 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 shares 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 shares.

If you would like to see how your bonus shares fit into your overall reward, it is provided in our new 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 shares. 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 shares at the time we process your enrollment.

We appreciate the members that take us up on this! Let's look briefly at our current delegation sources for pool 1.

AccountM Vesting SharesSource
@blocktrades6.335leased directly
@eeks1.605leased through MB market
@holbein811.393leased through MB market
@lennstar1.263leased through MB market
@coinfund1.115leased through MB market
@cryptoeera1.113leased through MB market
@ecoinstant1.023SBI member; 25 bonus shares rewarded
@jedau1.021SBI member; 25 bonus shares rewarded
@sportsdesk0.812leased through MB market
@flexthought0.788leased through MB market
@soushi8880.409SBI Member; 10 bonus shares rewarded
@theb0red10.409SBI Member; 10 bonus shares rewarded
@danpaulson0.409SBI member; 10 bonus shares rewarded
@ligayagardener0.255SBI member; 6.25 bonus shares rewarded
@hefziba0.205SBI member; 5 bonus shares rewarded
@summertooth0.205SBI member; 5 bonus shares rewarded
@sagescrub0.204SBI member; 5 bonus shares rewarded
@helo0.204SBI member; 5 bonus shares rewarded
@abh123450.204SBI member; 5 bonus shares rewarded
@revo0.102SBI member; 2.5 bonus shares rewarded
@naegling110.092leased through MB market
@orlandumike0.082SBI member; 2 bonus shares rewarded
@getonthetrain0.056SBI member; 1.25 bonus shares rewarded
@fishyculture0.051SBI member; 1.25 bonus shares rewarded
@tylersr0.051SBI member; 1.25 bonus shares rewarded
@cryptogecko0.051SBI member; 1.25 bonus share rewarded
@emergehealthier0.051SBI member; 1.25 bonus share rewarded

We are grateful to all of our members that provide delegation. This is terrific for our long-term sustainability! Great job, everyone!

Here are some Handy Delegation links:

100200300400500

Enrollment

Sounds intriguing... How do I sign up?

Send 1 STEEM to @steembasicincome. Include the name of a Steemian to sponsor in the comments. You and the person you sponsor will each receive 1 share in the program.

Questions?

We broke down the mechanics for how the program works in the complete overview. You can check your share counts and upvoting weight in our spreadsheet explained here. If you have any questions, ask away in the comments section or join us in our discord channel.




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Ive finished doing my research and now i think i will make my first sponsorship @accra or @richforever or maybe both!!

Great news! To enroll, send 1 STEEM to @steembasicincome. Include the name of the Steemian to sponsor in the transaction memo. You and the person you sponsor will each receive 1 share in the program. If you decide on both, it's fine to send 2 STEEM with both names in the same transaction memo.

Hooray for discovering the delegation option! Just delegated!

Thanks for your support! Your bonus shares have been added to the sheet and your upvote weight adjusted accordingly.

  ·  7 years ago (edited)

Huzzah! And doubled for all my upvoting? ;P

Bonus shares from delegation receive the same boost from your upvoting that your regular shares receive.

Huzzah. Can you confirm that I upvote all posts? You don't mean upvoting comments, right?

A full bonus from upvoting @steembasicincome is based on how close you reach to a goal of 28 full upvotes each month. Since we don't get update out every day, you would need to upvotes at least some comments in order to hit the goal. You are currently at 25% of goal (7 upvotes in the last 28 days).

If you choose to upvote beyond the goal, there is no extra benefit until we finish putting our new system in place. At that point we will evaluate whether you would have earned more under the new system and catch you up if you would have.

I see! I thought by just upvoting all the posts that exist, it would be 100% of your posts! I will take a look at your comment history, too! Thanks for checking!

We set the goal to be 100% of our daily posts, but then we're doing a lot of other processes behind the scenes and don't get updates out every day.

There! Solved!

just delegated

Thanks for the heads up! We're just starting a full re-balance to update everyone's voting weight. We will make sure your delegation is reflected in it.

I still don't get how many shares increase @steembasicincome upvote power by 1% :D

Your weekly upvote weight is distributed based on your own posting history, so we can't predict how many shares would increase your upvote with precision. Most of the calculations are explained in this post:
https://steemit.com/basicincome/@steembasicincome/steem-basic-income-membership-update-pulling-back-the-screen

Good going. Once I get some real SP I will be able to delegate to this. But for now I'm paying back the initial loan that I got from Steemit when I created this account.

Every time I earn some, they take some back.

One day
One day
Conquer day!

Yeah, the way they manage delegation on new accounts is really demotivating. We actually recommend you build up your SP to 500+ before delegating. It gives you a slider to control how much you upvote by, which makes it much easier to manage your voting power.

I have delegated 100 SP to @teembasicincome... how the next step?

Now that your enrollment is processed, you will start receiving regular upvotes on all your posts. The bonus shares from your delegation are factored into the upvote weight that you will receive.

Love it that you're responding and helping everyone. truly shows that this is a good cause built for helping the community instead of ruining the reward pool! Keep on doing what you're doing. I hope that as I grow I'll be able to get more shares and give other people ones. (I currently have 1 that I won in a contest).

Congrats on your one share, and welcome to the family!

I try to keep it oriented around helping lift everyone up.

Happy to delegate to this experiment - let's see how it turns out.

Thank you for your support!

Received my enrolment completed message.

Looking forward to seeing how this works and will nominate more people if it seems beneficial.

Thank you .


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This is such a great spreadsheet. It contains a plethora of information. Great job. 😎

Thanks, I put a lot of work into it.

I will get my delegation back up as soon as I have access to all my SP again after the hack

You recovering alright?

Yep, I’m fine. No real damage done, fortunately :0)

Yep, I’m fine. No real damage done, fortunately :0)

Good morning @steembasicincome,I already sent 1steem and i want to sponsor @cdaveboyle23
Thank you so much

I am @olivia08

That will be processed in the next batch.

Hey @oliva08, that came up as an invalid user. Is that a user pending authorization from Steem, or is there a typo?

thanks!

hello isend 1steem.Next how doing this?

Just wait. After we process your enrollment you will start receiving upvotes on all your posts.

I sent a Steem and included a sponsored name in the 'memo.' Is that what i was supposed to do? Instructions say to leave it in 'comments.' It's a bit unclear whether that meant the memo section of the transaction, or the comments here?

Memo section of the transaction. You did just fine... your transaction will be in the next batch.

Hello @steembasicincome! I noticed that your upvotes have gone from about .05 to .01 for me. Is there something ive done/not doing to cause the drop?

Over the time of your membership, the value of STEEM has fallen in half, so that's part of it. Was there also a change in your posting frequency? You should still be receiving the same SP value...

I missed a few days, but do post often. Perhaps its the market, and ill keep an eye out. This is an amazing idea and I want to work to 100 shares eventually!

We are currently using 7-day and 28-day posting history to determine upvote weights per posts, so your values may be depressed slightly when your 7-day frequency is lower than your 28-day, which yours currently is. This smooths out over time.
When the new system is ready, we will track the actual rShares (upvote value as written to the blockchain) that should be rewarded to each member against how many have actually been rewarded. So it will be much more responsive to changes in posting frequency.
Don't worry if that sounds confusing, I will explain all the new processes in future updates as we get close to cutting over.

thank you for your support, @steembasicincome :)

Eventually, I will have enough SP to delegate to this wonderful cause. Good work so far!

Just keep growing your SP and you will get there eventually! We recommend that members keep at least 500 SP in their accounts (so they can use the slider) and only delegate when they have extra above that.

bonjour, j ai déjà parrainé une personne, puis je ré envoyé 1 steem et parrainée quelqu'un d'autre??
Hello, I already sponsored a person, then I sent 1 steem and sponsored someone else ??

upvote and resteem this post

kénavo.

We only have one sponsoring transaction from you.

Interesting.

thanks @steembasicincome i post upvote on.

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