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The YieldLock Securtiy Fund (YSF)
$YieldLock has integrated a unique support mechanism called the YieldLock security Fund or YSF which is a separate wallet in the YieldLock Protocol. The YSF 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 YSF wallet.
In simple terms, the staking rewards (rebase rewards) which are distributed every 30/60 minutes at a rate of 0.04208% are backed by the YSF parameter, thus ensuring a high and stable interest rate to $YieldLock holders.
The YieldLock security Fund is dedicated to buy backs and burns of $YieldLock tokens when the YieldLock in BUSD/YieldLock liquidity pair supply is equal to or greater than 50% of the total supply.
- Avoiding flash crash through price stability
- Achieving long-term sustainability and future growth of the YieldLock Protocol
- Greatly reducing downside risk
Last modified 9mo ago