Compared to the direct 0 allocation of the community like 2z, the allocation method of @RiverdotInc is more interesting: the on-site exchange rate between $river and river pts increases steadily, while the off-site price is determined by the market.
Similarly, to alleviate selling pressure, this game design is clever and embodies the spirit of blockchain and DeFi.
Currently, almost no one is willing to exchange pts (which is understandable). Those who want to exchange for cash would rather sell their points directly, and those willing to buy points are all long-term optimistic buyers. In short, there is basically no short-term selling pressure.
But it is important to note that @River4fun is still distributing river pts, and will distribute 6M for the voting event next week. If you have staked points, you can participate.
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Compared to the direct 0 allocation of the community like 2z, the allocation method of @RiverdotInc is more interesting: the on-site exchange rate between $river and river pts increases steadily, while the off-site price is determined by the market.
Similarly, to alleviate selling pressure, this game design is clever and embodies the spirit of blockchain and DeFi.
Currently, almost no one is willing to exchange pts (which is understandable). Those who want to exchange for cash would rather sell their points directly, and those willing to buy points are all long-term optimistic buyers. In short, there is basically no short-term selling pressure.
But it is important to note that @River4fun is still distributing river pts, and will distribute 6M for the voting event next week. If you have staked points, you can participate.