Catenaa, Wednesday, November 19, 2025-River, the chain-abstraction stablecoin system, completed its 50 million River Pts public sale in just 2.5 hours, raising roughly 2,908 BNB ($3.2 million) and extending its time-encoded market discovery model.
River Pts, ERC-20 ecosystem points, have surged 50× since launch. Holders can convert them into $RIVER over 180 days, with conversion ratios increasing dynamically.
This design allows users to see how time, market behavior, and participation shape value. The public sale employed a 48-hour Dutch auction on BNB Chain, starting at 0.0001 BNB per River Pts and ending at 0.0000447 BNB (~$0.048).
All participants purchased at the lowest price, and River Pts DEX prices rose 40% following the sale.
The auction showcased the Dynamic Airdrop Conversion’s principle that token value should evolve through collective behavior rather than fixed unlocks.
The system functions similarly to a call option on $RIVER, where the eventual output depends on the timing of conversion. Market engagement during the sale provided a transparent mechanism for pricing and reaffirmed confidence in River’s long-term fundamentals.
River’s model integrates time-encoded tokenomics, adaptive market discovery, and behavior-driven value creation, allowing liquidity, governance, and user activity to shape a self-evolving ecosystem.
The sale reinforces the platform’s goal of building the first chain-abstraction stablecoin system that connects assets, liquidity, and yield across ecosystems.
