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.

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