River (@RiverdotInc): Clarification on River Public Sale Allocation
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Clarification on River Public Sale Allocation In light of recent community discussions, we would like to provide a clear explanation regarding the source, total supply, and structure of the ongoing River Public Sale. Key Points ▸ The total supply remains fixed at 1 billion River Pts, with no new issuance. ▸ The River Pts released in this Public Sale come from the unallocated portion of the total 1 billion supply. ▸As of now, approximately 580 million River Pts have been distributed during Season 2. https://t.co/Y7ojH3HC8m ▸ After the 48-hour Dutch auction concludes, participants can immediately claim River Pts and refunds on the official site. ▸ The 1 billion River Pts remain under the Dynamic Airdrop Conversion, which provides up to 30 million $RIVER available for conversion over time (not a fixed percentage). The structure and parameters are unchanged; actual $RIVER received depends on when holders convert and how the market participates. River remains committed to transparency, fair access, and sustainable value creation for its community. https://t.co/ZO6jQxYiLO