Coiin and $RAIIN are two distinct tokens in the Raiinmaker ecosystem, each serving a different purpose.
- Coiin is the internal reward token you earn by completing tasks in the Raiinmaker App, running a validator node, staking, and burning on Coiin.ai. Coiin is not externally traded — it lives within the Raiinmaker ecosystem and is used to measure your contributions and boost your rewards.
- $RAIIN is the liquid, externally tradable token available on the Base and SEI blockchains. You can convert your earned Coiin into $RAIIN using the converter tool on coiin.ai.
Think of Coiin as your activity points and $RAIIN as the tradable token you can hold or exchange. The conversion rate from Coiin to $RAIIN is dynamic and based on your current user tier.