diff --git a/app/params/config.go b/app/params/config.go
index 4fc14f08..77c8747d 100644
--- a/app/params/config.go
+++ b/app/params/config.go
@@ -10,9 +10,11 @@ import (
 )
 
 const (
-	CoinUnit = "photon"
+	CoinUnit     = "lnt"
+	BaseCoinUnit = "alnt"
+	LntExponent  = 18
 
-	DefaultBondDenom = CoinUnit
+	DefaultBondDenom = BaseCoinUnit
 
 	// Bech32PrefixAccAddr defines the Bech32 prefix of an account's address.
 	Bech32PrefixAccAddr = "laconic"
@@ -41,6 +43,11 @@ func RegisterDenoms() {
 	if err != nil {
 		panic(err)
 	}
+
+	err = sdk.RegisterDenom(BaseCoinUnit, math.LegacyNewDecWithPrec(1, LntExponent))
+	if err != nil {
+		panic(err)
+	}
 }
 
 func SetAddressPrefixes() {
diff --git a/scripts/init.sh b/scripts/init.sh
index df3af5a7..402b5d39 100755
--- a/scripts/init.sh
+++ b/scripts/init.sh
@@ -70,7 +70,7 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data/blockstore.db" ]; then
     else
       sed -i 's/create_empty_blocks = true/create_empty_blocks = false/g' $HOME/.laconicd/config/config.toml
   fi
- 
+
   # Run this to allow requests from any origin
   sed -i 's/cors_allowed_origins.*$/cors_allowed_origins = ["*"]/' $HOME/.laconicd/config/config.toml
 
@@ -86,10 +86,12 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data/blockstore.db" ]; then
   fi
 
   # Allocate genesis accounts (cosmos formatted addresses)
+  # 10^30 alnt | 10^12 lnt
   laconicd genesis add-genesis-account $KEY 1000000000000000000000000000000alnt --keyring-backend $KEYRING
 
   # Sign genesis transaction
-  laconicd genesis gentx $KEY 10000000000000000000000000alnt --keyring-backend $KEYRING --chain-id $CHAINID
+  # 10^24 alnt | 10^6 lnt
+  laconicd genesis gentx $KEY 1000000000000000000000000alnt --keyring-backend $KEYRING --chain-id $CHAINID
 
   # Collect genesis tx
   laconicd genesis collect-gentxs
diff --git a/tests/integration/registry/keeper/common_test.go b/tests/integration/registry/keeper/common_test.go
index 17ec795e..095e0b49 100644
--- a/tests/integration/registry/keeper/common_test.go
+++ b/tests/integration/registry/keeper/common_test.go
@@ -49,7 +49,7 @@ func (kts *KeeperTestSuite) createBond() (*bondTypes.Bond, error) {
 	ctx := kts.SdkCtx
 
 	// Create a funded account
-	kts.accounts = simtestutil.AddTestAddrs(kts.BankKeeper, integrationTest.BondDenomProvider{}, ctx, 1, math.NewInt(100000000000))
+	kts.accounts = simtestutil.AddTestAddrs(kts.BankKeeper, integrationTest.BondDenomProvider{}, ctx, 1, math.NewInt(1000000000000))
 
 	bond, err := kts.BondKeeper.CreateBond(ctx, kts.accounts[0], sdk.NewCoins(sdk.NewCoin(sdk.DefaultBondDenom, math.NewInt(1000000000))))
 	if err != nil {
diff --git a/testutil/network/network.go b/testutil/network/network.go
index ceed27e1..4a6e7271 100644
--- a/testutil/network/network.go
+++ b/testutil/network/network.go
@@ -149,7 +149,7 @@ func DefaultConfig(factory TestFixtureFactory) Config {
 		ChainID:           "chain-" + unsafe.Str(6),
 		NumValidators:     4,
 		BondDenom:         sdk.DefaultBondDenom,
-		MinGasPrices:      fmt.Sprintf("0.000006%s", sdk.DefaultBondDenom),
+		MinGasPrices:      fmt.Sprintf("1%s", sdk.DefaultBondDenom),
 		AccountTokens:     sdk.TokensFromConsensusPower(1000, sdk.DefaultPowerReduction),
 		StakingTokens:     sdk.TokensFromConsensusPower(500, sdk.DefaultPowerReduction),
 		BondedTokens:      sdk.TokensFromConsensusPower(100, sdk.DefaultPowerReduction),
diff --git a/x/auction/params.go b/x/auction/params.go
index 0dd99480..766d01b7 100644
--- a/x/auction/params.go
+++ b/x/auction/params.go
@@ -13,9 +13,10 @@ import (
 var (
 	DefaultCommitsDuration = 5 * time.Minute
 	DefaultRevealsDuration = 5 * time.Minute
-	DefaultCommitFee       = sdk.Coin{Amount: sdkmath.NewInt(10), Denom: sdk.DefaultBondDenom}
-	DefaultRevealFee       = sdk.Coin{Amount: sdkmath.NewInt(10), Denom: sdk.DefaultBondDenom}
-	DefaultMinimumBid      = sdk.Coin{Amount: sdkmath.NewInt(1000), Denom: sdk.DefaultBondDenom}
+
+	DefaultCommitFee  = sdkmath.NewInt(1000)    // 10^3 alnt
+	DefaultRevealFee  = sdkmath.NewInt(1000)    // 10^3 alnt
+	DefaultMinimumBid = sdkmath.NewInt(1000000) // 10^6 alnt
 )
 
 func NewParams(commitsDuration time.Duration, revealsDuration time.Duration, commitFee sdk.Coin, revealFee sdk.Coin, minimumBid sdk.Coin) Params {
@@ -33,9 +34,9 @@ func DefaultParams() Params {
 	return Params{
 		CommitsDuration: DefaultCommitsDuration,
 		RevealsDuration: DefaultRevealsDuration,
-		CommitFee:       DefaultCommitFee,
-		RevealFee:       DefaultRevealFee,
-		MinimumBid:      DefaultMinimumBid,
+		CommitFee:       sdk.NewCoin(sdk.DefaultBondDenom, DefaultCommitFee),
+		RevealFee:       sdk.NewCoin(sdk.DefaultBondDenom, DefaultRevealFee),
+		MinimumBid:      sdk.NewCoin(sdk.DefaultBondDenom, DefaultMinimumBid),
 	}
 }
 
diff --git a/x/bond/params.go b/x/bond/params.go
index e836ae2c..12901561 100644
--- a/x/bond/params.go
+++ b/x/bond/params.go
@@ -9,7 +9,7 @@ import (
 )
 
 // DefaultMaxBondAmountTokens are the default parameter values.
-var DefaultMaxBondAmountTokens = sdkmath.NewInt(100000000000)
+var DefaultMaxBondAmountTokens = sdkmath.NewInt(1000000000000) // 10^12 alnt
 
 func NewParams(maxBondAmount sdk.Coin) Params {
 	return Params{MaxBondAmount: maxBondAmount}
diff --git a/x/registry/params.go b/x/registry/params.go
index b98fe820..31c8700d 100644
--- a/x/registry/params.go
+++ b/x/registry/params.go
@@ -11,21 +11,21 @@ import (
 // Default parameter values.
 var (
 	// DefaultRecordRent is the default record rent for 1 time period (see expiry time).
-	DefaultRecordRent = sdkmath.NewInt(1000000)
+	DefaultRecordRent = sdkmath.NewInt(1000000) // 10^6 alnt
 
 	// DefaultRecordExpiryTime is the default record expiry time (1 year).
 	DefaultRecordExpiryTime = time.Hour * 24 * 365
 
-	DefaultAuthorityRent        = sdkmath.NewInt(1000000)
+	DefaultAuthorityRent        = sdkmath.NewInt(1000000) // 10^6 alnt
 	DefaultAuthorityExpiryTime  = time.Hour * 24 * 365
 	DefaultAuthorityGracePeriod = time.Hour * 24 * 2
 
 	DefaultAuthorityAuctionEnabled = false
 	DefaultCommitsDuration         = time.Hour * 24
 	DefaultRevealsDuration         = time.Hour * 24
-	DefaultCommitFee               = sdkmath.NewInt(1000000)
-	DefaultRevealFee               = sdkmath.NewInt(1000000)
-	DefaultMinimumBid              = sdkmath.NewInt(5000000)
+	DefaultCommitFee               = sdkmath.NewInt(1000000) // 10^6 alnt
+	DefaultRevealFee               = sdkmath.NewInt(1000000) // 10^6 alnt
+	DefaultMinimumBid              = sdkmath.NewInt(5000000) // 5 * 10^6 alnt
 )
 
 // NewParams creates a new Params instance