🛡️Safuu Insurance Fund (SIF)
Safuu Insurance Fund
SIF is the acronym for the Safuu Insurance Fund which is a separate wallet in Safuu's system. 7.5% of buy fees and 9.5% of sell fees are stored in the Safuu Insurance Fund.
100% of all taxes collected by the SIF will be regularly used to buyback Safuu at market price and then immediately burnt into the Fire Pit.
SIF 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
SIF Address: 0x082D0FbCA3D80b2d4A05E20bFc227523bE8EFEF3
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