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RE: Steem Basic Income - A Quick Update

in #steembasicincome7 years ago

Congratulations to the three of you @josephsavage. Is this your first?

I have recently started using SBI to support the recipients of the daily donations on the A Dollar A Day project.

As well as the donation of 15 SBD we give the recipient each day 1 SBI share. This should build up to support them as each recipient gets the donation about every 8 days at present.

Will I get any sort of notifications when these SBI shares are 'activated'?

Also I heard some mention that if I give all your posts a 100% upvote I get some big bonus on the SBI shares. What are the details of that?

Many thanks


Host of The Alternative Lifestyle Show on MSP Waves Radio.

Editor of the Weekly Schedule of Steem Radio Shows.

Founder of the A Dollar A Day charitable giving project.


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We send new members an confirmation/welcome transaction on their initial enrollment, but we are not sending confirmations on subsequent transactions. So if they are not already members, they will receive a welcome transaction, but if they are already enrolled, they will not.

It's in our development roadmap to automate those transactions, which will enable us to send follow-up transactions on all enrollments. That's still some time away, though.

Whatever percentage of our updates in the last 28 days a member has given a full upvote too, they get that percentage of bonus on their shares. So for example if we have published 16 updates in the last month, then the 'goal' is 16 full upvotes to get a full bonus. If we have published more, the goal would be higher. A member that has upvoted 4 of those 16 updates at 100% would receive a 25% bonus. A member that has upvoted all 16 updates, but only at 25%, would receive a 25% bonus.

We will announce improvements to this system when they are ready, but that will also be some time away.

Thank you for the extra information on this.

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