River has completed a token distribution on BNB Chain, sending 250,000 RIVER to 23,485 eligible wallets. The recipients were early users from a 2024 Binance Wallet campaign that asked participants to bridge Bitcoin to BEVM and mint the satUSD stablecoin. According to the project announcement, the rewards were delivered automatically to the wallets used in that event, with no manual claim required.
Distribution closes out an earlier Satoshi Protocol reward plan
The airdrop completes rewards that had been promised under Satoshi Protocol, the project that later rebranded to River. As part of that transition, the original $OSHI token was replaced with $RIVER. The article says the payout arrived after a long delay tied to the rebrand and token migration, which made the drop unexpected for many users.
Using the figures provided in the source, 250,000 tokens spread across 23,485 wallets works out to about 10.64 RIVER per wallet. At the cited estimated price of $11.18 per token, that puts the average reward near $119 for each participant.
Staking goes live inside Binance Wallet
After the distribution, the team launched a staking option in Binance Wallet. Users can open the token page, select Stake, and confirm the transaction. Once staked, holders become eligible for weekly rewards based on APR and also receive governance voting power within the ecosystem.
The source frames this setup as a simpler path for regular users, especially people who are not comfortable using more complex DeFi interfaces. No APR figure is given in the material, and the report does not include extra details such as lockup terms.
Supply is set at 100 million tokens
River’s total token supply is listed at 100 million. The allocation is broken down as 32% for community, 24% for ecosystem, 18% for team, 15% for investors, and 11% for liquidity. Community receives the largest share under that structure.
The project also outlined its Dynamic Airdrop Conversion model. Holders of Pts can redeem them for tokens during a 180-day window after TGE. The details given are 1 billion total points, a maximum convertible supply of 30 million tokens, and conversion on BNB Chain. The article says the conversion rate increases over time, aiming to reward longer participation.
Season 3 remains open to new users
The source states that the Season 3 airdrop campaign is still open to everyone. That keeps incentives active beyond the delayed payout to early satUSD minters. Based on the published details, the completed airdrop, the new staking option, and the ongoing Season 3 campaign are now the main pieces of River’s user incentive program.