Checkpoint tokens can be found scattered throughout the world. This token allows you to mark a location to respawn. Approach the Checkpoint and left click to add the checkpoint to your toolbar. It will appear next to your settlement arrow as a dotted lined arrow. Click on it to respawn next to the checkpoint. Respawning at the Checkpoint will cause the same effects as respawning at your Monolith. When you exit the game, you lose your checkpoint icon.
These tokens are static and are placed procedurally during world generation. You cannot pick them up or move them.