律动BlockBeats|Oct 27, 2025 07:58
[RIVER to Launch Public Sale, Combining Dynamic Conversion Mechanism to Create Public Pricing and Market Discovery Features]
BlockBeats news, October 27: River announced today that it will launch the River Pts Public Sale on October 29 at 10 PM. The sale will adopt a Dutch auction mechanism, with prices decreasing over 48 hours. Users can participate in the subscription using BNB, and the final settlement will be based on the unified auction price. All subscribed River Pts and excess refunds will be available for claim immediately on the official website after the 48-hour auction ends.
River Pts is River's ecosystem token, which can be traded and staked as an ERC20 token. Under the dynamic airdrop conversion mechanism, River Pts can be converted into RIVER tokens at any time within 180 days, allowing time and market behavior to jointly form a value curve.
Since the TGE on September 22, River Pts has increased 40-fold, and RIVER has risen 5-fold after being listed on Binance Perp. Coupled with the ongoing S3 Airdrop, market enthusiasm and participation continue to climb.
The official statement indicates that funds raised from this Public Sale will be used for ecosystem integration, RIVER token buybacks, the development of River DAO governance, and the expansion of River's footprint as a chain abstraction stablecoin system.
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