River has detailed its River Pts public sale, scheduled to open at 14:00 UTC on Oct. 29, 2025 on BNB Chain. The sale will accept BNB and use a 48-hour Dutch auction, meaning the price declines over time and every participant settles at the final, lowest clearing price once the auction closes.
All buyers settle at the final clearing price
Under the structure described by River, users who buy earlier in the auction do not end up locked into a higher final purchase cost. After the 48-hour sale ends, participants can claim their River Pts and receive a refund for any difference between the price they paid during the auction and the final clearing price. Refunds are paid in BNB.
River included an illustration: if a user buys 100,000 River Pts at $1 and the final clearing price ends at $0.5, that user would receive 100,000 River Pts plus a $50,000 refund in BNB after the auction ends. The example was presented only to explain the settlement model.
River Pts can be converted into $RIVER over 180 days
The public sale extends River’s Dynamic Airdrop Conversion model. According to the project, River Pts holders can convert into $RIVER at any point within 180 days. River describes the design as time-encoded tokenomics, where time becomes part of the value mechanism and user behavior interacts with market conditions to reshape the conversion curve over time.
The team said the system has gained traction over the past month, citing gains in River Pts on DEX, a new high for $RIVER, and new users joining the dynamic airdrop. Some figures in the source material were not fully shown. River also referenced a Day 43 curve based on $RIVER = $7.
Sale steps and referral rewards
To participate, users must go to app.river.inc/public-sale, connect a wallet on BNB Chain, review the current price and allocation, enter the amount of River Pts they want to buy, and complete the purchase with BNB. An optional referral code can also be added before confirmation.
Each participant can share a referral code tied to their X username. River said referral bonuses are tiered based on River4FUN Season 2 ranking, distributed automatically after the sale, and added to the S3 leaderboard. The source did not specify the exact bonus rates.
Supply source and use of proceeds
River said all units sold in the public sale come from the team-reserved portion of its fixed 1 billion River Pts supply. Funds raised are designated to strengthen long-term liquidity and ecosystem integrations, support token buybacks, and bootstrap River DAO for community governance.
The project also says it is building a chain-abstraction stablecoin system designed to connect assets, liquidity, and yield across ecosystems.