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