FIAT DAO

Fiat Protocol allows users to collateralize fixed income assets and mint FIAT with high loan-to-value ratios and low origination fees.

## Overview Fiat Protocol is a decentralized finance platform built on Ethereum that enables users to unlock liquidity from fixed income assets without selling them. The core mechanism allows users to collateralize bonds, treasury instruments, and other fixed income securities to mint FIAT tokens—a stablecoin pegged to the US dollar. This approach serves a specific need in DeFi: accessing capital while maintaining exposure to yield-generating assets. The protocol operates as an automated market maker (AMM) with liquidity pools, but its primary value proposition differs from token swaps. Instea