DeFiat (DFT) is a fully community-governed, deflationary ERC-20 token that utilizes a multi-tier loyalty reward system. A portion of every transaction is taken as a fee, and another portion is permanently burned; over time, this naturally decreases the supply. DFT holders have a certain percentage of voting rights, such as setting the burn rate and fee rate. DeFiats UniStake platform allows users to stake any ERC-20 tokens into liquidity pools chosen by the governance layer. Users also earn DFTP loyalty points as they interact with the DeFiat ecosystem, which reduces DFT transaction fees and the burn rate.