## Description
Closes: #9404
---
### Author Checklist
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please add links to any relevant follow up issues.*
I have...
- [x] included the correct [type prefix](https://github.com/commitizen/conventional-commit-types/blob/v3.0.0/index.json) in the PR title
- [ ] added `!` to the type prefix if API or client breaking change
- [x] targeted the correct branch (see [PR Targeting](https://github.com/cosmos/cosmos-sdk/blob/master/CONTRIBUTING.md#pr-targeting))
- [x] provided a link to the relevant issue or specification
- [ ] followed the guidelines for [building modules](https://github.com/cosmos/cosmos-sdk/blob/master/docs/building-modules)
- [ ] included the necessary unit and integration [tests](https://github.com/cosmos/cosmos-sdk/blob/master/CONTRIBUTING.md#testing)
- [ ] added a changelog entry to `CHANGELOG.md`
- [ ] included comments for [documenting Go code](https://blog.golang.org/godoc)
- [ ] updated the relevant documentation or specification
- [x] reviewed "Files changed" and left comments if necessary
- [x] confirmed all CI checks have passed
### Reviewers Checklist
*All items are required. Please add a note if the item is not applicable and please add
your handle next to the items reviewed if you only reviewed selected items.*
I have...
- [ ] confirmed the correct [type prefix](https://github.com/commitizen/conventional-commit-types/blob/v3.0.0/index.json) in the PR title
- [ ] confirmed `!` in the type prefix if API or client breaking change
- [ ] confirmed all author checklist items have been addressed
- [ ] reviewed state machine logic
- [ ] reviewed API design and naming
- [ ] reviewed documentation is accurate
- [ ] reviewed tests and test coverage
- [ ] manually tested (if applicable)
When reading this ADR, I was confused about _denomination_. When reading this in context of tokens I always think about a unit / measure. Examples: bills denominated in $20 and $50. Or as 100 cents makes 1 dollar.
The Merriam-Webster dictionary defines [denomination](https://www.merriam-webster.com/dictionary/denomination) as:
1. an act of denominating. Eg: the denomination of prices in U.S. dollars
2. a value or size of a series of values or sizes. Eg: metric denominations
3. name, designation especially : a general name for a category
It seams that we are using the last definition (3rd).
Julien Robert
Ryan Christoffersen
Aaron Craelius
Robert Zaremba
Alexander Bezobchuk
Christopher Goes