🛡️SafeSafu Insurance Fund (SIF)

SafeSafu Insurance Fund

SIF is the acronym for the SafeSafu Insurance Fund which is a separate wallet in SafeSafu's SAP system. The SIF uses an algorithm that backs the Rebase Rewards and is supported by a portion of the buy and sell trading fees that accrue in the SIF wallet.

In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.02355% are backed by the SIF parameter, thus ensuring a high and stable interest rate to $SAFESAFU token holders.

5% of all trading fees are stored in the SafeSafu Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

SIF Keeps holders safe by:

  • Avoiding flash crash through price stability

  • Achieving longterm sustainability and future growth of the SafeSafu Protocol

  • Greatly reducing downside risk

SIF Address: 0xAE24Bcc3293025d523ea1D45839b3C8060cEF88e (Gnosis Multisig)

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