🛡️EggPlus Insurance Fund
EggPlus Insurance Fund (EIF)
It is an independent wallet in EggPlus EAP system. EIF uses an algorithm that supports rebase rewards and is supported by some transaction costs generated in EIF wallet.
Simply put, it is supported by the EIF parameter at 0.021447% every 15 minutes to ensure that $EGGPLUS token holders receive high and stable interest rates.
5% of all transaction costs are stored in the EggPlus insurance fund, which helps to maintain and support the pledge incentives provided by the positive base.
EggPlus-FOUND funds will be established from 5% of sell transaction. The free fund will use the fund to invest in the most promising digital assets, of which 50% of the profits will go into the repurchasing pool; 25% will be used to repurchase $EGGPLUS and transfer to Egg Disposal and 25% will be used to repurchase $EGGPLUS to increase liquidity. Through the funds, it supports better the high point of APY 183,294%.
EIF guarantees the safety of the holder by:
Avoid flash collapse through price stability
Achieve long-term sustainability and future growth of EggPlus
Significantly reduce downside risk
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