RIVER Breaks $9 All-Time High, Tokenomics Enters AMM Era

On October 22nd, according to HTX market data, RIVER has witnessed a 100% surge in the past 24 hours and reached a new all-time high of $9. This surge is associated with the recent market focus on the "Dynamic Airdrop Conversion" initiated by RIVER after its listing on Binance. River is the first project to incorporate "time" as a variable in its tokenomics. Both the River Pts ecosystem points and the RIVER token are ERC20 assets that can be traded and transferred. Users can convert River Pts to RIVER tokens at any time after the TGE within a 180-day period, and the exchange rate increases over time to initially alleviate airdrop selling pressure and reward long-term holders. Within 30 days of RIVER's listing on Binance Alpha, the ecosystem points River Pts have increased by 25 times, exceeding the direct exchange value of RIVER in the short term. Arbitrageurs have recognized the game theory opportunity in the dynamic airdrop conversion mechanism, and the community has hailed it as a significant moment in tokenomics similar to an AMM.