RE: Steem Basic Income - Member Upvotes Drive Sustainability (25 May 2018)
1 steem is 1 share. You can also nomonate another account and they will also get 1 share. If you do not nominate an account they will randomly select an account to give that extra share to.
You can have 100 shares in each pool (currently 7 pools) and if you upvote steembasicincome once a day you will get a 100% bonus. So if you had 10 share they will give you 20 shares for upvoting then once a day. They calculate this bonus on a 28 day rolling cycle. So if you only vote 14 times in 28 days you get 50% bonus. This is based on you voting at 100%. Once they go automated they said that they will give bonus shares for those who have a higher voting weight.
You can check out your current shares and what pool your in once you have been inrolled ( this can take up to 4 days) using this link.
Ah thank you so much @andrewharland yeah I was wondering about the voting weight. And we are talking bout upvoting the posts on their blog feed right? Not the comments? I sent 5 STEEM so I should have 5 shares I guess :)
Thats right. 5 shares. You can also vote on thier comments as they dont always post every day
Cool! :)