Ragnarok Insurance Fund (RIF)

Ragnarok Insurance Fund

● RIF is the acronym for the Ragnarok Insurance Fund which is a separate wallet in Ragnarok’s SAP system. The RIF 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 RIF wallet.

● In simple terms, the staking rewards (rebase rewards) which are distributed every 9 minutes at a rate of 0.06142% are backed by the RIF parameter, thus ensuring a high and stable interest rate to $RGE token holders.

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

RIF Keeps holders safe by:

● Avoiding flash crash through price stability

● Achieving long term sustainability and future growth of the Ragnarok Protocol

● Greatly reducing downside risk