What is an RFV?

RFV is the acronym for Risk-Free Value which is a separate wallet in Firefly system. The RFV 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 RFV wallet.

In simple terms, the staking rewards (rebase rewards) which are distributed every 30 minutes at a rate of 0.04438% are backed by the RFV parameter, thus ensuring a high and stable interest rate to $FIREFLY holders.

The RFV is dedicated to buy backs and burns of $Firefly tokens when the DAI/Firefly pair supply is equal to or greater than 2.5% of the total supply.

RFV Wallet address: 0x723CAD7fceAD7BfE60ed3e53ff6b2696FdF026A2