🛡️Risk Insurance Fund (RIF)
Truffle Finance's Risk Insurance Fund (RIF)
Last updated
Truffle Finance's Risk Insurance Fund (RIF)
Last updated
RIF is the acronym for the Risk Insurance Fund which is a separate wallet in Truffle 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 3 seconds at a rate of 0.0000858% are backed by the RIF parameter, thus ensuring a high and stable interest rate to $TRUFFLE token holders.
6% 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 Truffle Finance Protocol
Greatly reducing downside risk