💟Insurance Fund

The Insurance Fund is designed to provide an additional layer of protection for users in case of unforeseen events such as failure in liquidation and resulting bad debt. This external liquidity pool covers negatively valued accounts in USD and receives a portion of the liquidation bonus at every liquidation event as a reward.

In terms of user withdrawals, users can withdraw their funds after waiting for 3 weeks from the withdrawal request. Once the funds are withdrawable, users have 1 week to withdraw them. If users do not withdraw within this 1-week timeframe, they must request the withdrawal again.