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DeFiat (DFT) is described to be a fully-governed, deflationary ERC-20 token with a multi-tiered loyalty reward system. Every time DFT is transacted, an amount from the transaction is taken for fees and another amount is permanently burned; naturally reducing supply over time. Holders of DFT are granted proportional voting rights in network decisions, such as setting the burn and fee rates. DeFiat's Unified-Staking (UniStake) platform allows users to stake any ERC-20 token in the governance-chosen liquidity pools. Users also gain loyalty points, in the form of DFTP, as they interact with the DeFiat ecosystem, resulting in lower fee and burn rates on DFT transactions.
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referencePosted on 23 Dec 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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