💸Yield Insurance Fund
A safety net
YIF is the acronym for the Yield Insurance Fund which is a separate wallet in PEPY's system. 1% of buy fees and 2% of sell fees are stored in the Yield Insurance Fund.
100% of all taxes collected by the YIF will be regularly used to buyback PEPY at market price and then immediately burnt into the Fire Pit.
PSIF keeps holders safe by:
Avoiding flash crash through price stability
Achieving long term sustainability and future growth of the Safuu Protocol
Greatly reducing downside risk
YIF Address: 0xB5BF408549EF92e49197B81B878DBE41A0A463E4
Last updated