# Quanterra Insurance Fund (QIF)

The acronym **QIF** refers to the Quanterra Insurance Fund, a separate wallet within Quanterra's **QAP** system. The QIF wallet is backed by an algorithm that underpins the Rebase Rewards and is financed by a portion of the buy and sell trading fees accrued in the QIF wallet.

In simple terms, the staking rewards (rebase rewards) distributed every 15 minutes at a rate of **0.02355 percent** are backed by the QIF parameter, ensuring that $QUANT holders receive a high and stable interest rate.

5% of all trading fees are held in the Quanterra Insurance Fund, which helps sustain and back the positive rebase staking rewards.

### QIF protects holders by:

* Using price stability to avert a flash crash
* Assuring the Quanterra Protocol's long-term viability and future growth
* Significantly lowering the downside risk

![Quanterra Insurance Fund](https://2429328731-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fur6FM477nOcSGVsEpCbi%2Fuploads%2FcGc0rukCaauatQemGXaY%2FQIF%20BANNER.png?alt=media\&token=ecd7e0ba-2de5-4482-9ccf-219420857f87)

**QIF Address:** 0xa1647fA74aBD7379A331d6562A822dE1F91238E3
