AOM Insurance Fund (AOMIF)
AOMIF is the acronym for the Art of Money Insurance Fund which is a separate wallet in AOM system. The AOMIF 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 10 minutes at a rate of 0.0158% are backed by the AOMIF parameter, thus ensuring a high and stable interest rate to $AOM token holders.
5% of all trading fees are stored in the AOM Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.
Avoiding flash crash through price stability
Achieving longterm sustainability and future growth of the AOM Protocol
Greatly reducing downside risk
AOMIF Address: Will be available on launch
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