> For the complete documentation index, see [llms.txt](https://darkforest.gitbook.io/dark-forest-leaf-protocol/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://darkforest.gitbook.io/dark-forest-leaf-protocol/fundamentals/how-does-leaf-reflection-protocol-work.md).

# How Does Leaf Reflection Protocol Work?

The Leaf Reflection Protocol feature is a simple yet cutting-edge **Buy-Hold-Earn** function that provides $LEAF holders with the ultimate ease of use.

Buy-Hold-Earn - Simply by purchasing and holding the $LEAF token in your wallet, you will receive reflection rewards in the form of interest payments. **Every 15 minutes, your tokens will increase.**\
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**Reflection Rewards** are calculated on every Rebase event (every 15 minutes), which is referred to as 'LIGHT-YEAR' in the LEAF protocol

Leaf's Positive Reflection formula allows token distribution to be paid directly proportional to LIGHT-YEAR reflection rewards, worth 0.02355 percent of the total amount of $LEAF tokens held in your wallet every 15-minute period. All $LEAF holders receive reflection rewards on each LIGHT-YEAR (15 minute period).

This means that $LEAF holders will earn up to <mark style="color:purple;">682,500</mark><mark style="color:purple;">**%  annual compound interest in Year 1**</mark> without having to move their tokens from their wallet. After the first 12 months, the interest reflection rate is reduced.