Leaf Insurance Fund (LIF)
Grow Your Investment Seeds into a Tree of Wealth
Leaf Insurance Fund, abbreviated as LIF, is a separate wallet in Leaf's system.
The Reflection Rewards are backed by an algorithm that is supported by a portion of the buy and sell trading fees that accumulate in the LIF wallet.
In layman's terms, the LIF parameter backs the reflection rewards (auto staking rebase rewards) that are distributed every 15 minutes at a rate of 0.02355 percent, ensuring a high and stable interest rate for $LEAF token holders.
The Leaf Insurance Fund holds 7.5% of all trading fees, which helps to sustain and back the auto staking reflection rewards provided by the ARP.
LIF Keeps holders safe by:
Ensure the Leaf Protocol's long-term viability and future expansion
Avoiding flash crash through price stability
Greatly reducing downside risk
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