As the HNY price increases and more new members join the DAO I feel like it will become a more common case that people will have smaller fractions of HNY. So, this made me think about what the smallest denomination of HNY is called; for Bitcoin we have satoshi and for ETH we have gwei…what is it for HNY? Perhaps when a HNY amount is smaller than a few decimal places we could display it as a whole number of a new unit name.
But what should we call it? Naturally trying to stick to the theme of bees and their production of honey, we could call it a comb or a cell, as this is where bees store honey in the hive. We could also lean on humans’ use of honey for some inspiration; honey is typically sold by weight because it is so viscous, so we could call it grams. For some recipes or for adding honey to drinks we might use a spoon to measure it; so we could call the smallest unit a spoon. Or we could be super granular and say the smallest unit is a teaspoon (tsp for short), and use that for the first 9 decimal places (from the right) and we could use the generic term spoon or Tablespoon (sp or Tbsp) for anything between 9 decimals to a full Honey.
1.000000000000000000 HNY = 1 Billion spoons (1,000,000,000 Tbsp) = 1,000,000,000,000,000,000 tsp
0.000002000000000000 HNY = 2 Thousand spoons (2,000 Tbsp) = 2,000,000,000,000 tsp
0.000000000000300000 HNY = 3 Hundred Thousand teaspoons (300,000 tsp)
I wouldn’t be surprised if this was already discussed somewhere, but I did a quick search on the forum and couldn’t find any mentions. If so, please disregard this as the ramblings of a mad man…and please send me the link. If not, then let me know what you folks think about this.