🧿Octro Insurance Fund (OIF)

Octro Insurance Fund

OIF is the acronym for the Octro Insurance Fund which is a separate wallet in Octro's OAP system. The OIF 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 OIF wallet.

In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.02394% are backed by the OIF parameter, thus ensuring a high and stable interest rate to $OCTRO token holders.

5% of all trading fees are stored in the Octro Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

OIF Keeps holders safe by:

• Avoiding flash crash through price stability

• Achieving longterm sustainability and future growth of the Octro Protocol

• Greatly reducing downside risk

OIF Address: 0x4D5eA0c0564F9240824E8120C22923dC30C412B3