# Yield insurance fund

![](https://3741194845-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F0PwVWVx7XjeeXZ2e62sI%2Fuploads%2FA9t5pZ5AvgPwDPHxcWt8%2Finsurance.png?alt=media\&token=b5f07501-2392-42e2-a1d2-169c3fd5326d)

The $Y360 Insurance Fund, abbreviated YIF, is an independent wallet in the YAP system of Y360. The YIF is funded by a fraction of the buy and sell trading fees racked up in the YIF wallet and implements an algorithm that facilitates the Rebase Rewards. Simply stated, the YIF parameter supports the staking rewards (rebase rewards) that are distributed every 13 minutes at a rate of 0.0206 percent, guaranteeing $Y360 token holders a high and stable interest rate. Each transaction subject to 1.5% insurance fee.

**YIF Address: 0xC4970cB577f3EbD6F890989DC00820E2E3eAD446**

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**Good to know:** The insurance fund is also responsible for mitigating downsid risk.
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