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What is DigixDAO? | Beginner's Guide

Retrieved on: 2018-02-21 10:15:00

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<div>DGX tokens are created by a <b>smart contract</b> that receives PoA cards and generates DGX tokens for each gram of gold. For example, if a 100g PoA card is sent to the <b>smart contract</b>, 100 DGX tokens are created and sent to an Ethereum wallet. This means Digix doesn't engage in fractional reserves.</div>

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