> For the complete documentation index, see [llms.txt](https://docs.coiin.ai/home/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.coiin.ai/home/getting-started/network-validation/about-rewards/what-is-usdraiin.md).

# What is $RAIIN

* **Token Type**: $RAIIN is an exportable utility token.
* **Initial Supply**: The initial supply of $RAIIN is 100,000,000 tokens. The total supply is managed by an algorithmic regulation system to ensure long-term sustainability.
* **Networks**: It operates on the SEI and Ethereum (Base) networks as a CW20 and ERC-20 standard token, respectively. This allows for direct transfers between external chains and the native Raiinmaker Network.
* **Precision**: The token has 18 decimals of precision.

#### **Utility and Purpose**

The utility of the $RAIIN token is multifaceted, serving both users and enterprises within the ecosystem:

* **External Market Trading**: It can be traded on external markets, providing liquidity for the ecosystem.
* **Staking and Rewards**: Users can stake $RAIIN in non-custodial wallets to earn additional Coiin rewards and enhance their future Coiin mining power.
* **Cross-Network Functionality**: Its presence on SEI and ETH enables DeFi integration and other cross-network interactions.
* **Enterprise Access**: Companies can purchase and use $RAIIN to access Raiinmaker's global workforce, validation services, and decentralized AI infrastructure.
* **Governance**: Burning $RAIIN tokens can provide a boost to a user's Validator Score and allows them to participate in the governance of the Raiinmaker Network.

#### **Conversion from Coiin**

$RAIIN tokens are obtained by converting the internal **Coiin** tokens through an integrated tool on the Coiin.ai platform. This conversion process is designed to be strategic, as the rate and timing can impact a user's Economic Score and future mining capacity, encouraging thoughtful participation in the network's economy.