> For the complete documentation index, see [llms.txt](https://palladium-finance.gitbook.io/untitled/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://palladium-finance.gitbook.io/untitled/how-does-palladium-works/what-is-a-risk-free-value-rfv.md).

# ● What Is A Risk-Free Value (RFV)?

**RFV** is the acronym for *Risk-Free Value* which is a separate wallet in Palladium' **PAP** 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 **0.04185%** are backed by the RFV parameter, thus ensuring a high and stable interest rate to $PALD holders.

**5%** of all trading fees are stored in the *Risk-Free Value* which helps **sustain and back the staking rewards** provided by the positive rebase.
