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RE: What Is a DAC? - Explained

in #eosdac6 years ago

What is trading on exchanges is not a token at all. It's a private database entry. The ERC20 tokens themselves are frozen and will not transfer again ever. When withdrawals and deposits open up again on exchanges, it will be the EOS token on the EOS blockchain.

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Thanks @lukestokes ! This was what I thought, however, I wanted to make sure.

Regards, @gold84