SURF Insurance Fund (SIF)

Surf Insurance Fund
SIF is the acronym for the SURF Insurance Fund which is a separate wallet in Surf Token system. The SIF 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 SIF wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 5 minutes are backed by the SIF parameter, thus ensuring a high and stable interest rate to $SURF token holders.
Some of all trading fees are stored in the SURF Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

SIF Keeps holders safe by:

  • Avoiding flash crash through price stability
  • Achieving longterm sustainability and future growth of the SURF token
  • Greatly reducing downside risk