No, the conversion from Coiin to $RAIIN is not a fixed 1:1 ratio. The conversion works similarly to how other DePIN projects handle points-to-token conversions — users first earn Coiin through ecosystem participation, and those Coiin tokens can then be converted into $RAIIN.
The conversion rate is dynamic and is based on your current user tier. Higher-tier users may receive a more favorable conversion rate.
You can convert your Coiin to $RAIIN using the converter tool on coiin.ai. Check the dashboard for your current tier and the applicable conversion rate before converting.