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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def rate_limit(self):
 """ Simple rate limit function using redis """

        rate_limited_msg = False

        while True:
            is_rate_limited = self.limit.is_rate_limited(uuid)
            if is_rate_limited:
                time.sleep(0.3)  # save hammering redis
                if not rate_limited_msg:
                    self.logger.info('Rate limit active..please wait...')
                    rate_limited_msg = True

            if not is_rate_limited:
                self.logger.info('Rate limit clear.')
                self.limit.attempt(uuid)
                return True