How to convert $COIIN

The process is designed to be strategic, rewarding thoughtful participation rather than being a simple swap. After converting, users can transfer their $RAIIN tokens to personal CW20 or ERC-20 compatible wallets on the SEI and BASE networks.

Strategic Considerations for Conversion

It is important to approach the conversion strategically, as it has a direct impact on your standing within the ecosystem.

Factors that influence the conversion rate include:

• Your user reputation tier.

• Your historical mining performance.

• Your current Economic Score.

• Your network participation metrics.

• Overall network activity.

Consequences of Converting:

• Converting Coiin impacts your Economic Score and your future mining capacity.

• Converting all of your Coiin at once will result in diminishing returns and can significantly reduce your Economic Score.

• To optimize long-term rewards, you should find a strategic balance between holding Coiin and converting it to $RAIIN.