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RE: Steem Basic Income - A Complete Overview

in #basicincome6 years ago (edited)

It depends on STEEM/SBD pricing, but one share provides roughly 0.06 to 0.08 per week. How much that is per post depends on your posting frequency, since your weekly upvote weight is distributed based on your posting frequency.

You can have more than one sponsor, and you can sponsor as many people as you would like.

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Thank you. So one share provides 0.06 which is divided between all your posts for a week?

Your weekly upvote weight is divided by your posting frequency to determine the upvote weight granted to each post.

Okay, does your upvote weight for one share equal 0.06?

It varies depending on STEEM/SBD market prices, but currently each share get's a weekly upvote value of roughly 0.04 UI value, which is a little more than $0.06 USD.

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