BitDEFi ( Bitfxt Decentralised Finance token) is a deflationary ERC 20 governance token issued by Bitfxt on the Ethereum Network. A token burn of 2% is automatically executed after every onchain transaction above 10BFi which is verifiable on the Blockchain. This is achieved via our inbuilt token buy back and burn process. The Burn Function of Bitdefi is instant, verifiable, and constant. Onchain governance of Bitdefi is actualised via proposals and a community voting process. Any user with more than 1% of total tokens in circulation can initiate proposals, all users with any amount of BFI can vote for or against such proposals and the majority will always carry the vote.