SBOMB
  • 🌎SUPERBOMB Overview
    • Auto-Staking
    • Buy and Sell Fees
  • 🌤️SUPERBOMB Ecosystem
    • 🛡️SUPERBOMB Insurance Fund (SBIF)
    • 🏦The Treasury
    • 🔥The BOMBfire
    • ⚖️SUPERBOMB Auto-Liquidity Engine (SALE)
  • 📓Knowledge Base
    • Trading Fees Explained
    • ♻️Longterm Interest Cycle (LIC)
    • 🤑Fixed APY
    • ❔How APY is Calculated
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  1. SUPERBOMB Ecosystem

SUPERBOMB Insurance Fund (SBIF)

SBIF is the acronym for the SUPERBOMB Insurance Fund which is a separate wallet in the sBOMB SAP system. The SBIF 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 SBIF wallet.

In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.02355% are backed by the SBIF parameter, thus ensuring a high and stable interest rate to sBOMB token holders.

2% of all trading fees are stored in the SUPERBOMB Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

SBIF keeps holders safe by:

  • Avoiding flash crashes through price stability.

  • Achieving long term sustainability and future growth of the sBOMB Protocol.

  • Greatly reducing downside risk.

SBIF Address: 0x79E3010A85b0B55c70628505F5a4EB8063D7cF89

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Last updated 2 years ago

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