💸ZIMAX Insurance Fund

ZIMAX Insurance Fund

The ZIMAX Insurance Fund (ZIF) is an integral component of the ZIMAX ecosystem that serves to protect and enhance the value of the $ZMX token for its holders. The ZIF is a separate wallet within the ZIMAX system that utilizes an advanced algorithm to back the rebase rewards and support the stability of the $ZMX token.

The ZIF works by using a portion of the trading fees generated from buy and sells transactions to support the rebase rewards, which are distributed every 15 minutes at a rate of up to 30% APY. This is achieved through the use of the AIP parameter, which ensures a consistent and stable interest rate for $ZMX token holders.

One of the key functions of the ZIF is to act as a buffer against flash crashes and price volatility. By allocating 5% of all trading fees to the ZIF, it helps to sustain and back the staking rewards provided by the positive rebase, and thus, helps to maintain price stability. Additionally, it also helps to achieve long-term sustainability and future growth of the ZIMAX Protocol, greatly reducing downside risk for holders.

In summary, the ZIMAX Insurance Fund is a unique feature that provides an extra layer of security and stability to the ZIMAX ecosystem. By utilizing a portion of trading fees and advanced algorithms, the ZIF helps to ensure consistent and high returns for $ZMX token holders, while also protecting against price volatility and downside risk. This makes the ZIMAX protocol a more attractive option for investors and traders looking for stability and long-term growth potential.

Insurance funds Address: 0x01F2941484317E8C5AFb373873446Ad085203810