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RE: Steem Basic Income FAQ Contest - 500 SBI in Prizes

in #contests6 years ago

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.

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There are a few types of units that Steem Basic Income use.

  1. Standard Units are earned when you Sponsor someone else.
  2. Sponsored Units are earned when someone sponsors you.
  3. Bonus Units are earned by delegating Steem Power to @steembasicincome also are giving out at times to users that help the project.

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