Their staking system is not simply a way to lock coins and earn interest – governance weight and rewards are tied to the time dimension. How long you are willing to lock RIVER directly determines how much say you have in community decisions and how much mining rewards you can receive.
This logic is quite practical: the weight of short-term speculative chips is diluted, while long-term holders gain more dominance. There have been quite a few projects on-chain that have operated under similar models, with the core idea being to exchange time cost for leverage multiples.
Only those who can hold on can truly obtain the chips.
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River's operation this time is quite something.
Their staking system is not simply a way to lock coins and earn interest – governance weight and rewards are tied to the time dimension. How long you are willing to lock RIVER directly determines how much say you have in community decisions and how much mining rewards you can receive.
This logic is quite practical: the weight of short-term speculative chips is diluted, while long-term holders gain more dominance. There have been quite a few projects on-chain that have operated under similar models, with the core idea being to exchange time cost for leverage multiples.
Only those who can hold on can truly obtain the chips.