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suggestion: align terminology "staking token" => "native token" #1538

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turbocrime opened this issue Jul 23, 2024 · 4 comments
Open

suggestion: align terminology "staking token" => "native token" #1538

turbocrime opened this issue Jul 23, 2024 · 4 comments
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@turbocrime
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"native token" more accurately identifies the asset as the native token of the chain, used for many things, not just stake

@turbocrime turbocrime added documentation Improvements or additions to documentation concept labels Jul 23, 2024
@grod220
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grod220 commented Jul 23, 2024

I think "native token" could also apply to tokens like gm/gn as they are native to the penumbra chain. The term native usually distinguishes an asset that originates on the host chain versus one that is ibc'd in.

@turbocrime
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is that useful? a chain can define many tokens but only one is favored as the 'default' for gas fees, delegation, &c

i think also staked tokens (delegation, unbonding), the various position NFTs, &c could also be described as "native" but it also seems clear that "the native token" would refer to the default token

@grod220
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grod220 commented Jul 29, 2024

In the interchain, it's common to use the term "native" to distinguish where it originated from. For that reason, we should treat that term as reserved.

@turbocrime
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turbocrime commented Aug 2, 2024

i think we still do need some kind of terminology refinement

"staking token" could plausibly refer to delegation tokens, for example

"staking" is very literally a thing that hasn't happened to "staking tokens" yet.

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