> For the complete documentation index, see [llms.txt](https://cx24.gitbook.io/clock-24-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cx24.gitbook.io/clock-24-protocol/guides/clock-insurance-fund-cif.md).

# Clock Insurance Fund (CIF)

Encounter impermanent

The $C24 Insurance Fund, abbreviated CIF, is a separate wallet in C24's CAP system. The CIF employs an algorithm that supports the Rebase Rewards; and is funded by a portion of the buy and sell trading fees accumulated in the CIF wallet. Simply put, the CIF parameter backs the staking rewards (rebase rewards) that are distributed every 10 minutes at a rate of 0.018 percent, ensuring a high and stable interest rate to $C24 token holders.

Reduction of risk associated with downside \
Ensuring long term growth continuity by maintaining constant growth levels \
Ensuring price stability through rebase strategy

**CIF Address: 0x0827916234dd165eED8335BC9b5d72ed5fDeAa45**