Risk Insurance Fund
Circle Base Finance 's Risk Insurance Fund (RIF)
RIF is the acronym for the Risk Insurance Fund which is a separate wallet in RIF system. The RIF 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 RIF wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 5 seconds at a rate of 0.00015% are backed by the RIF parameter, thus ensuring a high and stable interest rate to $CBF token holders.
5% of all trading fees are stored in the Risk Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Multi Chain Farming & BNB Launchpad Earning to support the high reward
- Avoiding flash crash through price stability
- Achieving longterm sustainability and future growth of the Circle Base Finance Protocol
- Greatly reducing downside risk