Korea AMA question

General
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River Conversion 2.0 - 6 Critical AMA Questions

Direct Translation from Original Korean Questions

Q1. Conversion Rate Concentration Problem

“You mentioned that the maximum conversion rate of 0.03 for 180 days will be fixed. But if a large number of users simultaneously attempt to convert at 0.03, won’t the conversion rate decrease?”

Q2. Period Calculation Method (Reset vs. Continuation)

"The current conversion has been progressing for about 57 days. On 11/26, will it restart from Day 1, or will it continue from Day 57?

Scenario A (Complete Reset)

  • 11/26: All users restart from Day 0

  • Unfair to existing participants but clear

Scenario B (Current progress recognized)

  • 11/26: Existing 57 days continue with new formula

  • Day 57 becomes basis for Staked RIVER determination

  • Complex calculation but fair to existing participants"

Q3. Staked RIVER Interest Rate Formula (Most Important)

"When will you disclose the exact Staked RIVER interest rate formula by period?

  • This is at the time you announced conversions would resume within one week

(1 day, 30 days, 90 days, 180 days - exact APY for each)"

Q4. Staked RIVER Liquidity Problem

“Will Staked RIVER be tradable on DEX/CEX? If so, what mechanism will you use to control it?”

Q5. Pts Staking Interest Rate Halved

"Why did Pts staking interest rate drop in half?

Will you adjust it again from the current 11.1%?"

Q6. Foundation’s RIVER Price Defense Strategy (Most Important Question)

"Fundamentally, RIVER supply will continue to be released into the market.

This time, the River team provided buyback support.

River supporters will apply the changed unfavorable conversion formula, autonomy has decreased.

However, the conversion formula is ultimately just buying time, cannot work permanently.

Because eventually RIVER will be converted and released into the market…

Therefore, how will the foundation defend RIVER’s price that continues to be released?

What is the foundation’s exact revenue and how much of that revenue will be invested in defending RIVER’s price?

What RIVER and Pts holdings does the River team currently have?"

6 Likes
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非常富有建设性的意见！:+1:
期待官方解惑！

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Thanks a lot for taking the time to organize these questions.

They’re all valid points, and we appreciate you raising them.

We’re currently finalizing the parameters for the upgraded conversion model and Staked RIVER.

All the items you mentioned, rate behavior, period logic, Staked RIVER formula, liquidity, Pts APR, and the foundation’s long-term approach — will be shared together as a full update.

We’ll make sure everything is clear before the system goes live next week.

You can expect steady updates from us over the coming days.

Thanks again for your patience.

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Opening

First of all, thank you so much for answering my AMA questions. This feels like the moment River is truly understanding the importance of community.

Partnership & Use Case

Through the collaboration with Fiber, Pieverse has gained actual use cases where the satUSD stablecoin can be circulated and used. Of course, there’s Binance supporting both Pieverse and River behind the scenes as well.

Market Significance

It’s quite surprising that Binance has adopted satUSD, River’s new stablecoin, instead of USDT or USDC. These are actually huge bullish catalysts for River, but unfortunately they’re not getting enough attention.

Marketing Opportunity

I think River could benefit from being more aggressive in promoting these developments.

Questions for AMA

For this AMA, I’d also like to hear about:

  • satUSD’s pegging mechanism and stability

  • The roadmap for future project collaborations

And this is a Pieverse, River, and Binance collaboration photo that I created myself. Please take a look and give me your feedback. Also, I’m rooting for River!

이게 최선이네
이게 최선이네1536×1024 251 KB

5

官方的回复是什么，，，，，、、、、、、期待详细的解释

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Did I violate the community’s rules? I don’t understand why it was hidden.