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Astake Insurance Fund
AIF (Astake Insurance Fund) is the acronym for the Astake Insurance Fund which is a separate wallet in Astake's AAP system. The AIF 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 AIF wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 10 minutes at a rate of 0.0166% are backed by the AIF parameter, thus ensuring a high and stable interest rate to $ASTAKE token holders.
3% of all trading fees are stored in the Astake Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Last modified 11mo ago