Info

• Author: @jmf
• Start Date: September 14, 2021
• Category: Economic
• Original PR: HIP draft – HNT redenomination #275
• Tracking Issue: HIP39: HNT Redenomination #283 (this)
• Status: In Discussion
• Discord channel: #hip-39-hnt-redenomination on https://discord.gg/helium

Rendered view

https://github.com/helium/HIP/blob/master/0039-hnt-redenomination.md

​​Summary

This proposal suggests a redenomination of the conversion rate between bones and HNT. Currently there are 100,000,000 (10^8) bones per HNT and under the proposed redenomination the conversion rate would be adjusted to 100,000 (10^5) bones per HNT.