[SBI] Sponsor for Sponsor [S4S] Deal #2

in steembasicincome •  6 years ago 

Welcome to the second instance for a Sponsor for Sponsor deal! Finally able to do that again. I’m glad how well everything went the last time. Trying to get the terms straight, so everyone gets a clear picture. I will only publish the next post as soon as I have 10 Steem again. With that said:

The soft limit of units to grab at the time of the posting is: 10.
(The amount of liquid Steem in my wallet.)


What is a Sponsor for Sponsor [S4S] Deal?

Sponsoring someone for a Steembasicincome level (by the way you can check out their FAQ) is quite simpel:

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.

Also check out the Transaction Memo Guideline.

With a sponsor for sponsor deal you can sponsor someone who will then sponsor you back. With that you are receiving two levels instead of one per Steem.

As far as I’m concerned, it’s not against the rules from Steembasicincome, they know that this is possible.

1 STEEM if you are generously enrolling others, using it as a contest prize, etc or 0.5 STEEM if you are coordinating with a friend to sponsor each other or enrolling another account that you control

Found here.

Let‘s crunch the ROI for a sponsor for sponsor. Based on the [spreadsheet from SBI] the simple return per unit right now at the time of this post is 42.84%. But that is based on the price on 1 Steem for one unit for one year. With a sponsor a sponsor you will receive two levels instead of one, doubling the ROI, thanks to a 50% discount on those 2 Units.

Also it only takes 12.5 Steem instead of 25 Steem to get (roughly) a daily upvote from SBI. Which seems like a good deal.


Terms and Conditions

  1. Send “any” amount (regarding to the rules of SBI) of Steem with @takowi to @steembasicincome and reply with a proof of this transaction (Screenshot or steemd link, so I can find the transaction) on this post.
  2. The total amount of units in this sponsor for sponsor is soft limited at the amount of liquid Steem I got in my wallet. Double check with my wallet, just to be safe.
  3. Nonetheless, if you have sponsored me and the soft limit was reached, I will sponsor you back as soon as possible, aka as soon as I have received enough author rewards to fulfill your sponsor. You can check for coming author rewards on steemworld. Be aware that it will take a while to sponsor a high amount back.
  4. Feel free to coordinate with others for a sponsor for sponsor in the comment section of this post.
  5. Regardless all of the rules of SBI applies.
  6. The Deal is valid until the post payouts. Regardless, #3 still applies.

How to support

Despite the usual stuff, you don’t have to do, you can support me with a simple click down on the Ad link provided by @dclick without using your mana or resource credits. It only takes a small click for you to support me. 👍
Also you should check out @dclick. Quite awesome so far.

Thanks for your time. Critic and questions are totally welcome.


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I have just sent 10 steem to @steembasicincome with your name.

Found the transaction here:
https://steemd.com/tx/c60b9a751044cfac62a9281573300572cb8e47c1

And here is mine:
https://steemd.com/tx/3e93cc4fb009bdbaf779d72eed51c106aa7bb870

Thank you very much. Until next time, I guess. 😄