> For the complete documentation index, see [llms.txt](https://liber-coin.gitbook.io/liber-coin/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://liber-coin.gitbook.io/liber-coin/liber-insurance-fund-lif.md).

# Liber Insurance Fund (LIF)

Liber Insurance Fund

<mark style="color:yellow;">**LIF**</mark> is the acronym for the Liber Insurance Fund which is a separate wallet in Liber's <mark style="color:yellow;">**LAP**</mark> system. The LIF 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 LIF wallet. &#x20;

In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of <mark style="color:yellow;">**0.03466%**</mark> are backed by the LIF parameter, thus ensuring a high and stable interest rate to $LIBER token holders.&#x20;

3% of all trading fees are stored in the Liber Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

### <mark style="color:yellow;">LIF Keeps holders safe by:</mark>

* Avoiding flash crash through price stability
* Achieving long-term sustainability and future growth of the Liber Coin Protocol
* Greatly reducing downside risk

**LIF Address:** 0x281F6F6fA92791e89D8d13296f5CFD76E99f388a