# BackstabDoge Insurance Fund (BIF)

**BIF** is the acronym for the BackstabDoge Insurance Fund which is a separate wallet in BackstabDoge's **BAP** system. The BIF 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 BIF wallet.  

In simple terms, the staking rewards (rebase rewards) which are distributed every 12 minutes at a rate of **0.01933%** are backed by the BIF parameter, thus ensuring a high and stable interest rate to $BackstabDoge token holders. 

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

### BIF Keeps holders safe by:

* Avoiding flash crash through price stability
* Achieving longterm sustainability and future growth of the Safuu Protocol
* Greatly reducing downside risk

![BIF](/files/w6JW7BXlYmkVGfabzG1t)

**BIF Address:** 0x22D823D9F5A79517558693379cdea53b7215e836


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