River Pts Adjustment and Mechanism Upgrade
Over the past 48 days since TGE, we’ve witnessed the confidence users and the market have placed in River. Most participants chose to grow together with River rather than convert early.
The team sincerely thanks every supporter for standing with us and respects each participant’s decision.
However, under the current fragile market condition, a number of large River Pts holders have made concentrated conversions into $RIVER within a short period.
If this continues, it could create additional selling pressure and pose potential risks to other River Pts holders and to the long-term stability of $RIVER.
Therefore, adjustments to the conversion mechanism are necessary.
To maintain balance and ensure sustainable growth across the protocol, the team has decided to temporarily pause River Pts conversions while we conduct a comprehensive mechanism upgrade.
This is a temporary pause made in pursuit of long-term, sustainable growth.
River’s progress has always come from collective participation — dynamic adjustments and open discussions between the team and the community.
We sincerely invite every member to share suggestions, feedback, and ideas. Your perspectives will directly shape the next design and direction of the mechanism.
To everyone who continues to support River through both calm and uncertain times, your trust and your voice remain the force that keeps River moving forward.
Flow steady, flow forward.
— The River Team
2 weeks. 140K participants
2M River Pts distributed
Join on @Galxe and share the remaining 2M River Pts in 2 weeks.
Ends Nov 23.
https://t.co/In1567u97m
[Notice] Update for ListaDAO Users
Following the recent USDX depeg, @lista_dao has initiated a standard market adjustment to stabilize its lending positions.
This update is specific to ListaDAO’s internal markets and does not affect River or satUSD.
All River systems remain fully stable and secure — satUSD continues to function normally and maintain its $1 peg.
However, if you have deposited PT-satUSD+ as collateral and currently hold USDT loans on ListaDAO, please repay your loan in time to avoid potential liquidation of your position.
▸ Repay your USDT loan on ListaDAO ( Vault curated by @MEVCapital )
▸ Withdraw PT-satUSD+
River team will continue to monitor the situation and coordinate with partners to ensure stable and safe operation across ecosystems.
[Notice] Update for ListaDAO Users
Following the recent USDX depeg, @lista_dao has initiated a standard market adjustment to stabilize its lending positions.
This update is specific to ListaDAO’s internal markets and does not affect River or satUSD.
All River systems remain fully stable and secure — satUSD continues to function normally and maintain its $1 peg.
However, if you have deposited PT-satUSD+ as collateral and currently hold USDT loans on ListaDAO, please repay your loan in time to avoid potential liquidation of your position.
▸ Repay your USDT loan on ListaDAO ( Vault curated by @MEVCapital )
▸ Withdraw PT-satUSD+
River team will continue to monitor the situation and coordinate with partners to ensure stable and safe operation across ecosystems.
KOREA AMA 🇰🇷
The meetup energy was real — now we’re taking it to X Space. Top supporters and yappers share River stories & vibes
▸ Host : @eth_apple
▸ Nov 9 | 10PM KST
▸ X Space
I just claimed my exclusive Genesis n-Badge on OPN Chain testnet!
Proud to be an early pioneer in the @IOPn_io ecosystem. This soulbound NFT marks my commitment to the future of decentralized infrastructure.
#OPNChain#GenesisBadge#IOPn https://t.co/PNaI5BX1Sz