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RE: Introducing Steem-Engine.com (smart contracts and token creation on Steem)
I have a Question on ENG Token:
Looks like only ENG token can be purchased. I saw the issuer is @null.
Is STEEM burned for every ENG bought?
You have this a little backwards. When tokens are created we sent the ENG to @null. Essentially ENG is burned every time you make a token. The steem goes to the @steemsc account.
Thank you for the clarification. 😉
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