River@RiverdotInc
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
