RIVER will kick off a Public Sale, combining a dynamic pricing mechanism to enable fair market price discovery.

On October 27th, River announced today that it will commence the River Pts Public Sale on October 29th at 10 pm, employing a Dutch auction mechanism. The price will gradually decrease within 48 hours. Users will participate in the subscription by using BNB. The final settlement will be based on a unified price determined through the auction. All subscribed River Pts and any excess refunds will be accessible for claiming on the official website immediately after the 48-hour auction concludes. River Pts is River's ecosystem points, functioning as an ERC20 token that can be traded and staked. Under the dynamic airdrop conversion mechanism, River Pts can be converted into RIVER tokens at any time within 180 days, enabling time and market behavior to jointly shape the value curve. Since the TGE on September 22nd, River Pts has witnessed a 40-fold increase, and after RIVER was listed on Binance Perp, it has seen a 5-fold increase. Coupled with the ongoing S3 Airdrop, market enthusiasm and participation continue to surge. The official statement indicated that the funds from this Public Sale will be utilized for ecosystem integration, RIVER token buyback, and the development of River DAO governance to expand River's presence as a chain-agnostic stablecoin system.