Brilliant Insurance Fund

BIF (Brilliant Insurance Fund) is the acronym for the Brilliant Insurance Fund which is a separate wallet in Brilliant's BAP system. The BIF 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 BIF wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 15 minutes at a rate of 0.01978% are backed by the BIF parameter, thus ensuring a high and stable interest rate to $BRILLIANT token holders.
5% of all trading fees are stored in the Safuu Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.