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.

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