What is BIF?
BIF is the acronym for BUIDL Insurance Fund, BIF plays a very important role in BUIDL’s BAP System. Its a treasury for the $BUIDL growth and sustainability. 2% of the purchases and 3% of the sales go directly to the BIF which keep $BUIDL holders Safe by avoiding flash crash. It’s greatly reducing the downside Risk to achieve longterm sustainability.
The BIF functions as an additional financial support for the RFV also. This additional support can become important in the event of an extreme price drop of $BUIDL token. It helps to create a floor value for the $BUIDL token again.
BIF wallet:
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