There are two types of shares that are relevant for all participants of SBI:
Standard shares. Shares earned from sponsoring others or getting sponsored. This type of share lasts for a lifetime as long as your subscription is not terminated.
Bonus shares. Temporary shares earned from delegating to @steembasicincome. Currently you get one bonus share for each 2 Steem Power delegated to @steembasicincome. The bonus shares will be removed when you pull your delegation.
Both types give equal benefits in upvotes.
I suggest to replace "units" to "shares" in the question. "shares" is more unique and identifiable term for a basic income program and it's more consistent with explanations from all participants on this whole contest.
Accurate. Management units (created at level of 5% of standard units) are also counted as bonus units. The prizes from this contest will be management units (bonus units), but they will be perpetual like regular units instead of dependent on delegation.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
I suppose units also mean shares? If yes, then here we go...
Standard share: This is what you get when you sponsor someone. Bonus share: This is temporary reward for delegation. Management share: As the term implies, this is for the management team and set at 5% of the existing shares. Temp shares: Management share that are temporarily awarded to members who help improve the program.
Accurate. Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
These are the most common and are allocated as 2 units per STEEM. 1 is alocated to the account paying the STEEM, and 1 is allocated to the account sponsored by the payer.
Type 2. Bonus Units.
These are allocated to those that delegate STEEM Power to SBI. 1 unit is granted for every 2 SP you delegate. These units remain in place while the delegation remains.
Type 3. Management Units.
These are allocated to the SBI management and writting team. There are also "Temporary units" which are these management units that get allocated temporarily to another user.
Accurate. Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Accurate. Very comprehensive, too! We only differentiate between standard (enrolled) shares and sponsored shares with respect to the refund policy. For all other purposes they are treated the same.
rshares are a whole separate deal... you do earn rshares by upvoting posts by @steembasicincome (the rshares value of your upvote * 1.34) but you also earn rshares at a fixed rate based on your SBI units (each unit earns 800M rshares per day) I was planning to leave rshares out of the FAQ as a more advanced topic, but there has been some call for clarity around them, so it will probably be broken out into a separate question (bonus category!)
Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
I give a 7 on this one. It doesn't mention about a possiblity of units been cancelled but I assumed this isn't very important as you hitted the hammer exactly on the nail.
I applaud you for always learning fast from corrections
Standard share: when you send steem to SBI or someone sponsors you
Bonus Shares: You can get this from delegating your SP to @steembasicincome(2:1 ratio)
Accurate. We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Lasting shares: These shares are there permanently and are gained from being sponsored or someone sending N STEEM with your name in their memo message. These are the baseline unit of Shares and will stay lest blacklisted or refunded (these equally are refundable).
Bonus shares: These are gained through SP delegation, also consistent and regular Upvotes to @steembasicincome. These shares are deplete-able and non-permanent; if you pull your delegation or stop upvoting @steembasicincome, then they will pull this bonus shares away.
We typically refer to 1 as 'standard' or just 'SBI'.
2 are not available through upvotes anymore, as that system was not as sustainable and we have shifted to upvote multipliers instead of bonus units as reward for upvotes.
You are welcome to edit your submission and I will review again (or you can resubmit if your edit is substantial.)
There are two types of shares that are relevant for all participants of SBI:
Both types give equal benefits in upvotes.
I suggest to replace "units" to "shares" in the question. "shares" is more unique and identifiable term for a basic income program and it's more consistent with explanations from all participants on this whole contest.
7 clarity score
Posted using Partiko iOS
7 clarity score
Posted using Partiko iOS
Accurate. Management units (created at level of 5% of standard units) are also counted as bonus units. The prizes from this contest will be management units (bonus units), but they will be perpetual like regular units instead of dependent on delegation.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Rating 6 - All the necessary info is there, and clear. I have deducted 1 for using Share as the prefered term is units.
Rated as 7. Nicely provides the basic/needed information.
Rating 6 nice summery
7 clarity point
Perfect answer.
Units is the more preferable term to use because potential legal issues cmiiw.
I suppose units also mean shares? If yes, then here we go...
Standard share: This is what you get when you sponsor someone.
Bonus share: This is temporary reward for delegation.
Management share: As the term implies, this is for the management team and set at 5% of the existing shares.
Temp shares: Management share that are temporarily awarded to members who help improve the program.
Accurate. Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Rating 5
While this is accurate, I don't think average users need to know about management and temp units.
Rating 6 - a good clear and concise explanation. 1 point off for using "shares" instead of "units"
I give a 6. Stated units as shares, good but does not properly explains Standards units/shares.
Clarity score 6
The one we get from getting sponsored is also the standard share...
There are 3 main types of units in SBI.
Type 1. Standard units.
These are the most common and are allocated as 2 units per STEEM. 1 is alocated to the account paying the STEEM, and 1 is allocated to the account sponsored by the payer.
Type 2. Bonus Units.
These are allocated to those that delegate STEEM Power to SBI. 1 unit is granted for every 2 SP you delegate. These units remain in place while the delegation remains.
Type 3. Management Units.
These are allocated to the SBI management and writting team. There are also "Temporary units" which are these management units that get allocated temporarily to another user.
Accurate. Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Well done would give it a 5 for the formating
Rating 6, would mention management units in the bonus units section not separate points
I give you a 6. You could have been better at summarizing. BTW, I never knew about management units but I'm happy to have learned it.
Rating 6
Great answer and explanation written point by point but I don't think average users need to know about about management units.
Rating 6 for a very excellent answere on the point!
Posted using Partiko iOS
5 clarity point
Management units are merged with bonus units. Otherwise great answer!
I rate this a 7 - Nice formatting, clear answers.
Posted using Partiko Android
There are a few types of shares that Steem Basic Income uses.
Accurate. Very comprehensive, too! We only differentiate between standard (enrolled) shares and sponsored shares with respect to the refund policy. For all other purposes they are treated the same.
rshares are a whole separate deal... you do earn rshares by upvoting posts by @steembasicincome (the rshares value of your upvote * 1.34) but you also earn rshares at a fixed rate based on your SBI units (each unit earns 800M rshares per day) I was planning to leave rshares out of the FAQ as a more advanced topic, but there has been some call for clarity around them, so it will probably be broken out into a separate question (bonus category!)
Technically management units and temporary units still exist, but our database groups them with bonus units, which is why I am also accepting simplified responses that only have the first two categories.
We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
There are a few types of units that Steem Basic Income use.
Best Answer so far - change giving to given for a score of 7
So are you rating it a 7, or holding out until you see if something better comes along?
With the suggested edit it is a 7 - I updated my answer to clarify! Thank you!
Rating 7
Assuming SBI separates sponsored and standard units, this is a great answer.
This version of the answer gets a 7 rating - clear, on point and correct terminology.
Accurate. Response accepted as a qualifying submission (replacing the previously accepted submission).
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
I give a 7 on this one. It doesn't mention about a possiblity of units been cancelled but I assumed this isn't very important as you hitted the hammer exactly on the nail.
I applaud you for always learning fast from corrections
6 clarity score
Great answer! It may need to state that bonus units are also removed if the delegation is pulled.
Rating 7, nice and clear
Did a new one with the working as unit and removed rshares
Rating 5 for this version - good detail but rshares is a different topic and "shares" is not the prefered term.
Standart Share (Paid or sponsored units)
Bonus Share (delegated units)
Posted using Partiko iOS
Rating 4
Saying bonus units are "delegated units" is plain misleading. It implies SBI units can be delegated.
Accurate. Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Rating 5 - very simple and concise, a bit too short maybe and uses "share" instead of "unit"
Rating 5, a bit short and using shares instead of units
Rated 5. Nothing exists like delegated units. Could have explained for clarification. Also, there's a mix up of units and shares.
5 clarity point
Barely explains anything about the types of unit. The types are correct though.
Standard share: when you send steem to SBI or someone sponsors you
Bonus Shares: You can get this from delegating your SP to @steembasicincome(2:1 ratio)
Rating 6
Short and clear but could use improved wording.
Accurate. We are actually trying to move away from 'shares' as an SBI term to prevent our program from being misconstrued as an unlisted security. We originally said 'share' as shorthand for 'share of our voting power', but there has been some confusion around it.
Response accepted as a qualifying submission.
Don't forget you can also earn points by scoring the clarity and helpfulness of other qualifying responses.
Rating 6 - all correct and clear - deduction for using "share" instead of "unit"
Rating 6, all information but shares instead of units
Rated 6. Could have been represented better in this same manner.
Rating 6 - i don‘t need more Information about this point- clear answere!
Posted using Partiko iOS
6 clarity score
Short and precise answer... Uses shares instead of units though.
We typically refer to 1 as 'standard' or just 'SBI'.
2 are not available through upvotes anymore, as that system was not as sustainable and we have shifted to upvote multipliers instead of bonus units as reward for upvotes.
You are welcome to edit your submission and I will review again (or you can resubmit if your edit is substantial.)
Rating 5 - a good effort but some terminology is not the current prefered usage.
I rate this as 5. The Lasting shares are now better represented and explained in the recent system.
5 clarity point
"Lasting shares" isn't the preferred way we call the "standard units" or "SBI units". Looks like good effort in explaining.