🛡️Heavenly Insurance Fund (HIF)
Heavenly Insurance Fund
HIF is the acronym for the Heavenly Insurance Fund which is a separate wallet in GOH's GAP system. The HIF 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 HIF wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.0197187% are backed by the HIF parameter, thus ensuring a high and stable interest rate to $GOH token holders.
5% of all trading fees are stored in the Heavenly Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
HIF Keeps holders safe by:
Achieving longterm sustainability and future growth of the GOH Protocol
Avoiding flash crash through price stability
Greatly reducing downside risk
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