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POINT Token

The name of the native token used in Point Network is POINT (all capital letters). It is used as fees for transactions, and to pay for services to service providers on the network.

Denominations#

The smallest unit of account for POINT is wei.

UnitWei valuePOINT value
wei1 wei0.000 000 000 000 000 001 POINT
Kwei1,000 wei (1e3 wei)0.000 000 000 000 001 POINT
Mwei1,000,000 wei (1e6 wei)0.000 000 000 001 POINT
Gwei1,000,000,000 wei (1e9 wei)0.000 000 001 POINT
microPOINT1,000,000,000,000 wei (1e12 wei)0.000 001 POINT
milliPOINT1,000,000,000,000,000 wei (1e15 wei)0.001 POINT
POINT1,000,000,000,000,000,000 wei (1e18 wei)1 POINT
KiloPOINT1e21 wei1,000 POINT
MegaPOINT1e24 wei1,000,000 POINT

Because users might easily confuse micro and milli, and especially as the POINT price fluctuates and they might start using different denominations as the default for payments, it's advised not to use milliPOINT in any user interfaces, and always default to microPOINT amounts, if POINT is too big of a unit.