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This article says it's making a "DLT". But it doesn't define what a "DLT" is.

Great.

Distributed Ledger Technology. Maybe a new way of saying "block chain" without the current negative connotation?
A DLT does not have to be a blockchain. It could use a directed acyclic graph for example (e.g. iota)
In this case, there is a proof of stake utility token, buried deep in their docs, so it is a block chain.

None is their examples mention the token, which is a bit odd.