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
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The principal in Smart Vault remains secure and will be fully withdrawable at the end of the earning period
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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:
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Extended Conversion Window : The conversion cycle will be extended to reduce short-term concentration and prevent market volatility.
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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.
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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.
[ 應對措施第二步：Smart Vault 與 River Pts 轉換機制進度更新 ]
River 作為行業首個動態空投轉換機制項目，由於其機制的不完善在過去幾天受到許多來自社區的關心。我們完全理解大家的關注與擔憂，也更相信這不僅是一項技術升級，更是與社區共同探索的新範式的機會。
本公告為初步說明， 旨在讓社區了解目前的推進方向與整體規劃。所有計劃均按部就班推進中，後續將每日公布具體進展。
摘要 :
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Smart Vault 本金無虞，週期結束可完全領取
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River Pts 轉換機制升級已在進行中，週期、數量、轉換上限待討論
✦ Smart Vault
Smart Vault 的本金安全無虞，週期結束後即可完全領取。目前系統與策略皆運作正常，穩定進行中。
能理解當前用戶因為 River Pts 波動、收益的發放方式會根據社區建議，進行調整與公布。
✦ River Pts Conversion 機制
River Pts 的轉換機制升級計劃已在進行中。
升級方向是以更平衡、更具彈性的設計重新推出，目前相關數學模型與參數正進行模擬與驗證。
基於過去 2 天內根據社區的提出的建議與共識，升級方向將包含三個核心部分：
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轉換週期：轉換週期或將延長，避免集中兌換造成市場波動。
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動態轉換比例：轉換比例會根據持有時間、質押、轉換進度等變數調整，以能在各個市場環境下，讓長期支持者獲得合理收益。
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每日轉換限額：系統將設定每日可轉換限額，兼顧市場流動性情形及長期穩定性。
River Pts 轉換計劃以 Staked RIVER 發放，但是否確定為適合方向仍待討論，如同動態轉換是加密行業中的全新空投範式，它仍在不斷完善與驗證的過程中。
我們誠摯邀請每一位成員共同參與，與 River 一起探索並塑造這一創新模式
✦ 社區共創與持續更新
團隊將持續公布最新進展與數學模型細節，誠摯邀請社區提出建議並參與討論。被採納的建議將獲得獎勵與公開致謝。
所有計劃均在按部就班推進中。 River 將與所有社區成員一同完善該機制，讓每一步邁向更穩定與成熟，我們十分珍惜這次與社區共建的機會