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Recently, I’ve been bored and started playing a game I used to play many years ago—"Clash of Clans."
Back in the day, I met quite a few friends through this game, but later on, we all gradually stopped playing and lost contact!
Has anyone here played it? If so, you’re probably not young anymore!
By the way, @RiverdotInc changed the redemption mechanism a couple of days ago, and I still have some points I haven't redeemed yet 😭.
This time, the Conversion Reshare structure adjustment has only two core purposes:
1️⃣ To make incentives more focused on long-term participation
2️⃣ To make governance more stable, rather than being dominated by short-term staking
The total pool hasn't changed; it’s just been redistributed.
Short-term (3 months) rewards are reduced, while long-term (6 / 9 / 12 months) rewards are increased, and governance power is also stronger.
Example: 1,000,000 River Points, converted at 0.01 = 10,000 Staked RIVER
The final amount depends on the lock-up period:
3 months → 40% (4,000)
6 months → 75% (7,500)
9 months → 87.5% (8,750)
12 months → 100% (10,000)
In summary, River’s recent adjustment shifts the reward focus from short-term to long-term.
Note 📝 This article is purely my personal sharing, no charge!