DAOGO Insurance Fund (DIF)
DAOgo Insurance Fund
DIF is the acronym for the DAOGO Insurance Fund which is a separate wallet in DAOGO's DAP system. The DIF 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 DIF wallet. In simple terms, the staking rewards (rebase rewards) which are distributed every 20 minutes at a rate of 0.0315% are backed by the DIF parameter, thus ensuring a high and stable interest rate to $DAOGO token holders.
5% of all trading fees are stored in the DAOGO Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
DIF Keeps holders safe by:
- Avoiding flash crash through price stability
- Achieving long term sustainability and future growth of the DAOGO Protocol
DIF Address: 0xf8e44f0e6348b38Ba82Da4388a0E7d7f7E64F616