Boost Your Rewards and Strengthen the Raiinmaker Ecosystem

Key Takeaways:

• Burning $Coiin gives you a one-time boost to your Economic Score for the current Lunar cycle and a permanent boost to your Validator Score.
• A burn unit changes over time because the total supply adjusts with mining and burning activities.
• Strategically timing your burns, such as before the New Moon, can maximize your rewards by increasing your Moondrop multiplier.
• Total burned $Coiin impacts your governance role in the Raiinmaker Network and influences key metrics like the NVL Validator multiplier.

Burning $Coiin is a powerful strategy for maximizing your rewards on Coiin.AI.

In this guide, you’ll learn:

• Why burning is beneficial
• How it impacts your future Moondrop rewards
• The step-by-step process for burning $Coiin
• A real-world example showing how burning can help you earn back what you burn

Discover how this simple action can supercharge your Moondrops!

1. Why Burn $Coiin?

Burning means permanently removing $Coiin from circulation. Here’s why it matters:

1. Boost Your Economic Score

Burning $Coiin raises your Economic Score, resulting in a higher reward multiplier for future Moondrops.

2. Reduce Token Supply

Fewer tokens in circulation mean increased scarcity, which can stabilize or possibly increase value.

3. Strengthen the Ecosystem

Holding, staking, burning, and using $Coiin all contribute to a healthier Raiinmaker Network.

4. Timing Advantage

Burning before the New Moon can add an extra multiplier. For example, if you were set to earn 3× rewards, a well-timed burn could bump it to 4×.

2. Key Benefits of Burning $Coiin

• Higher Future Multipliers: Each Moondrop after burning could yield higher returns.
• Network Stability: Raiinmaker endorses burning to keep the $Coiin ecosystem healthy and balanced.
• Immediate Opportunity: Burning right after a Moondrop sets you up for increased earnings in the next cycle.
• Permanent Economic Score Increase: Once your Economic Score goes up, you enjoy that benefit for all future Moondrops.

Important: All-time burn units also contribute to your overall Validator Score, which remains boosted permanently.

3. How Burning $Coiin Maximizes Your Moondrop Rewards

Let’s illustrate with a real world example:

1. Without Burning:

• You plan to earn 100 $Coiin in the next Moondrop.
• Your current multiplier is 3×.

2. Burn 111 $Coiin (Example):

• The minimum burn unit here is 111 $Coiin.
• This action may raise your multiplier from 3× to 4×.

3. Your Next Moondrop:

• Instead of earning 100 $Coiin, you could earn 133 $Coiin (about one-third more).
• Over 3–4 Moondrops, you’ll recover the 111 $Coiin you burned, thanks to the higher multiplier.

Understanding the Burn Unit

A burn unit is one millionth of the current total supply of $Coiin, shown by the formula:

BURN UNIT = Current Total Supply × 10^(-6)

Because the total supply changes with every block — due to mining and burn activity — the size of a burn unit also changes. On the Coiin.AI dashboard, you can burn in multiples of the current burn unit. This flexibility lets you adjust your burn strategy based on how the total supply evolves.

Note: Burning $Coiin on the Coiin.AI dashboard gives you a one-time boost to your Economic Score in the current Lunar cycle and a permanent boost to your Validator Score. Your total burned amount also impacts your governance participation in the Raiinmaker Network and influences mining components such as your NVL Validator multiplier (all-time).

4. Step-by-Step Guide to Burning $Coiin

Step 1: Navigate to the Burn Tab

• Log into your Coiin.AI dashboard.
• Click on the “Burn” tab.

Step 2: Initiate the Burn Process

• Check Balance: Ensure you have at least one burn unit available to burn.
• Choose Amount: Use the slider or type in how many units you want to burn.
• Click “Burn”: Confirm that you want to start the process.

Step 3: Confirm the Action

• Review Details: Double-check the amount you want to burn.
• Irreversible Action: Acknowledge that once burned, tokens cannot be returned.
• Finalize: Click “Confirm Burn” to complete the transaction.

Step 4: Confirmation

• Email Notification: Look out for a confirmation email.
• Updated Economic Score: Your new multiplier will appear on your dashboard.
• Balance Update: Your $Coiin balance will show the burned amount removed.

5. Pro Tip for Maximizing Burns

Burn Strategically Before the New Moon

• Earn an added multiplier (e.g., 4× instead of 3×) on future Moondrops.
• Check your Coiin.AI dashboard for the countdown.

Monitor Your Economic Score

• Track how burns, holdings, and other activities affect your score to optimize future rewards.

In conclusion, Burning $Coiin offers long-term and immediate benefits.

By reducing the token supply, you bolster the Raiinmaker Network and unlock higher multipliers for future Moondrops.

If you’re ready to amplify your impact and earn more on Coiin.AI, burning tokens is a proven path to success.

Ready to Get Started?

Head to the Burn tab on your Coiin.AI dashboard and take your first step toward maximizing your Moondrops today.

FAQ

1. Can I burn multiple times per cycle?

Yes. Each burn adds to your Economic Score within the current Lunar cycle and contributes to your all-time Validator Score.

2. What if I choose not to burn at all?

You’ll still earn Moondrop rewards, but you won’t get the extra multiplier or the permanent Validator Score benefit from burning.

3. Why does the burn unit change?

The burn unit is tied to the total supply of $Coiin, which updates with each block due to new mining and burn activities.