DeFiat (DFT) is a fully community-governed, deflationary ERC-20 token with a multi-tiered loyalty reward system. An amount is taken as a fee from each transaction, and another amount is permanently destroyed; over time, the supply naturally decreases. DFT holders have a certain percentage of voting rights, such as setting the destruction rate and fee rate. DeFiat’s UniStake platform allows users to stake any ERC-20 token into a liquidity pool chosen by the governance layer. In the process of interacting with the DeFiat ecosystem, users can also earn DFTP loyalty points, thereby reducing the cost and destruction rate of DFT transactions.