Steem Basic Income is a social experiment to bring a voluntary crowd-funded 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.
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.
@sumatranate joined Steem in June 2017 and was first enrolled in Steem Basic Income almost a year later, in April 2018. He blogs about his personal struggles alongside skills-focused content that could help you improve your Steem experience. If you want to 'Steem better' or just check out somebody interesting, give his profile a look.
Sustainability Coverage is currently at 70.35% and rshares reward rate is 555,792,800 per SBI unit per day. We had a steady series of conversions that was keeping the ratio above 100%, but the tonsure has caused those to go negative even though SBD is way below $1. We hope these will improve soon and bring our sustainability multiplier back up.
The rshares reward rate for bonus units (delegation reward) is not decreased, and 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.
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.
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 about Steem Basic Income?
Most questions are addressed in our FAQ or in these helpful resources. If you still have questions, ask in the comments section or join us in our discord channel.
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Enhanced Votes Graph & Member Spotlight: @sumatranate | Ecency
@sumatranate
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