threefoldtecharchive / threefold_hub

Apache License 2.0
0 stars 2 forks source link

Should we rename the token to something like sTFT #88

Open OmarElawady opened 2 years ago

OmarElawady commented 2 years ago

Currently, TFT has two interpretations. The token that is used in the chain of which 1e7 is equal to the 1 TFT common to people. Which is the other interpretation, when someone says 1 TFT, they mean 1e7 of the small token.

This is currently handled this way: every user facing input takes the big TFT, so the user can input 1.5TFT. Every configuration takes the small TFT. This can cause confusion for users because keplr for example views the small TFT amount.

We can rename the internal token to sTFT (so it's like what cosmos does with uATOM and ATOM). Or we can always use the small token anywhere, so the user inputs 15000000TFT if he wants to transfer 1.5 TFT. Or we can keep it as it's if the users would get it.