# Native Coin Denomination nund
The currency used on Mainchain is FUND. However, the native on-chain coin denomination (on MainNet, TestNet and DevNet)
is nund
, or "Nano Unification Denomination", such that 1,000,000,000 nund == 1 FUND.
All transactions, fees and stakes are defined and paid for in nund
. For example, if you need to send 1 FUND to
your friend, you will need to set your Tx to send 1000000000nund
.
The und
CMD has a simple conversion utility to help convert any fees
and FUND transactions into nund
, and vice-versa:
und convert 1000000000 nund fund
will result in:
1000000000nund = 1.000000000fund
Likewise,
und convert 10 fund nund
will result in:
10fund = 10000000000nund
# HD Wallet Path
The BIP-0044
Path for our HD Wallets is as follows:
44'/5555'/0'/0
SLIP-0044
Coin ID is 5555