Yesterday, a tweet introduced the suggestion for everyone to vote for Jager at @RiverdotInc. This thread will explain why you should vote and how to do it. It will also address some points of confusion that everyone has. 1️⃣ First, let me introduce what the @RiverdotInc platform is and what advantages it offers. River is a modular capital coordination layer that connects capital, yield, and contributions within the ecosystem. It is based on the first comprehensive CDP stablecoin protocol, allowing users to earn yields, leverage, and scale without having to sell their assets. River integrates Omni-CDP, yield, and 4FUN into a continuous loop system that transforms stablecoins into capital efficiency and community consensus infrastructure. 🙋 It can solve many issues in the DeFi ecosystem: such as cross-chain isolation of funds, fragmented liquidity; the lack of coordination mechanisms for stablecoins; and governance systems that overlook user influence and contributions. River can maximize the breaking down of the fragmentation in DeFi, combining capital efficiency with community consensus to create an open, coordinated ecosystem that generates long-term value for users and the community. I also just saw that on June 8, the official BNBChain quoted a tweet from River's official account, which contains a lot of potential information. It feels like River, as a product supported by some official endorsement, is indirectly being backed.
2️⃣ Relationship between @River4fun and @RiverdotInc River4FUN is the contribution layer of the River ecosystem, aimed at rewarding users for their engagement and influence, rather than just capital investment. 💰 Users can earn River Points (River Pts) by linking their X account and posting content about River or partner projects, based on impressions, interaction quality, and posting frequency. These points will be converted into $RIVER tokens during the Token Generation Event (TGE), essentially a form of airdrop. 📒 How to participate: 1. Twitter content: Connect your wallet and X account; post tweets, reply, or quote tweets related to River or specified projects; earn River Points based on post performance (impressions, interactions, consistency), with points updated regularly. 2. Staking pool: Currently supports staking of 11 types of tokens, such as wBNB, USD1, etc., with no lock-up period, and staking increases the point bonus in the interaction pool.
3️⃣ The impact and benefits of River on Jager 1. Increased project exposure: Users place Jager in the spotlight of the River ecosystem through staking and voting, attracting more community members and potential investors' attention. This positive exposure helps Jager establish brand recognition within the #BNBChain ecosystem. 2. Promoted community participation: The voting mechanism incentivizes users to actively engage in the construction of Jager's ecosystem, enhancing community cohesion. Each vote not only supports the project but also rewards users through River4FUN's points system (River Pts), creating a virtuous cycle of contribution and reward. 3. Benefits for long-term development: Voting brings more resource allocation and ecosystem support to Jager, such as higher liquidity and partner attention. These resources assist Jager in technological development, market expansion, and long-term stability. 4. Win-win for the community and the project: Through staking and voting on the River platform, Jager gains higher visibility, while users can earn River points (ultimately convertible to $RIVER) through participation, creating a win-win situation.
4️⃣ How to participate in voting 1. Open the link: Link address and Twitter 2. Find the cryptocurrency you want to stake and participate in staking Currently, the annual yield is between 330% - 4500%, which is very attractive 3. Here, I take WBNB as an example, select the token to authorize and confirm to participate in staking 4. After participating in staking, you can check your points through Claim & Stake 5. If users want to withdraw their staked tokens, they can do so anytime through Unstake to release the staked tokens 6. After accumulating points, everyone can find JAGER through voting to cast their votes. I only tested with 2 points and cast them all, and I will gradually allocate more points to JAGER later 💡 Note that a complete point counts as one vote; if you only have a fraction of a point, you cannot vote.
🤔 Personal thoughts 1. I look forward to the strong collaboration between JAGER and RIVER, pushing BNBChain to a new level. Indeed, BNBChain needs its own Kaito and a purely community-driven narrative MEME. 2. I also hope that BNBChain will continue to support its own high-quality ecological projects, and I look forward to seeing more projects that drive the chain through products and communities. 3. The best outcome is one where we achieve success together, and as a community member of all three, I am very excited. 4. I ultimately staked 5000u of TUT to participate in the voting, hoping to earn some airdrop points, giving me a chance to have my cake and eat it too!
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