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[ The Countermeasure 2 — Smart Vault & Conversion Mechanism Preliminary Update ] River introduced the industry’s first dynamic airdrop conversion mechanism. Over the past three days, the team has received constructive feedback and concerns from the community as the system continues to evolve. We fully understand these perspectives and see this not as a setback, but as an opportunity to refine and improve the model together with the community. This marks more than a technical upgrade; it is a step toward a new paradigm of collaboration and shared innovation within River. This announcement serves as an initial outline to help the community understand the current direction and ongoing progress. All plans are advancing methodically, and detailed updates will be released daily. ✦ TL;DR ▸ The principal in Smart Vault remains secure and will be fully withdrawable at the end of the earning period ▸ The River Pts conversion mechanism upgrade is already in progress — parameters such as conversion window, rates, and daily limit are still under discussion. ✦ Smart Vault All Smart Vault funds remain completely secure, and users will be able to withdraw their full principal once the earning period ends. All strategies and systems are operating normally, with settlement processes running smoothly. We understand that recent River Pts fluctuations have raised questions about yield distribution. Any adjustments to the payout method will be made based on community feedback and announced accordingly. ✦ River Pts Conversion Mechanism The upgrade of the River Pts conversion mechanism is now in progress. The goal of this upgrade is to relaunch the system with greater balance, flexibility, and long-term stability, supported by new mathematical models and simulations currently under verification. Based on extensive community feedback and the shared insights collected over the past two days, the new mechanism will focus on three core directions: ▸ Extended Conversion Window : The conversion cycle will be extended to reduce short-term concentration and prevent market volatility. ▸ Dynamic Conversion Ratio : Conversion ratios will dynamically adjust according to factors such as holding period, staking duration, and overall progress — ensuring long-term participants are rewarded fairly across different market conditions. ▸ Daily Conversion Cap : A daily conversion limit will be introduced to balance liquidity management with system-wide stability. River Pts conversions are planned to be distributed as Staked RIVER, though this direction remains open for community discussion. As the first dynamic conversion model in the space, it will keep improving through actual implementation and community input. We invite all members to take part in building and refining this mechanism together with River. ✦ Community Co-Creation & Ongoing Updates The River Pts mechanism is built to evolve with the market — open, data-driven, and community-aligned. Each update follows a structured process: simulation, validation, deployment, and iteration. The team will continue to share progress updates and model details, and invites the community to provide suggestions and join the discussion. Ideas that are adopted will receive both acknowledgment and rewards. All plans are moving forward step by step. River will work closely with the community to refine this mechanism, making each step more stable and complete. We values this opportunity to build together with the community. The River Pts dynamic conversion mechanism is not only a technical upgrade, but also a new stage of joint exploration between River and its community.