River ecosystem has recently launched a wave of Galaxy reward sharing plans, which are quite interesting.



The event period runs from December 9 to December 29, and participants can share a reward pool of $10,000. However, the requirements are quite clear — you need to stake more than 10 $RIVER tokens to participate.

Currently, the price of $RIVER is at $7.3, in other words, the minimum staking cost for a single account has already exceeded $73. For users who want to participate, this means they need to review their holdings and planning. For long-term holders who are optimistic about the ecosystem's development, these staking incentive activities are actually opportunities to earn returns. The entire reward mechanism is quite straightforward — holding enough tokens to qualify allows participation in the sharing, with no complex nested logic.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
NFTRegretDiaryvip
· 12-15 04:25
Starting from $73, the threshold is a bit steep, not everyone can play casually --- Having just 10 coins to participate, but it still depends on the future price trend; betting on staking may not be cost-effective --- Galaxy rewards sound impressive, but in reality, it's just coin holding dividends, nothing new --- If you're long-term optimistic, this activity is indeed attractive; for short-term arbitrage, just forget it --- Setting such a high staking threshold is probably to keep true believers --- A $10,000 reward pool, how to split it to break even? Has anyone calculated it? --- The thing I fear most about this kind of activity is an explosion in participants, diluting the rewards to nothing
View OriginalReply0
MetaRecktvip
· 12-14 13:06
The entry threshold of $73 is a bit painful, but long-term holders will make a big profit. --- You need 10 RIVER to play, this price might discourage newcomers. --- I like straightforward mechanisms; they’re definitely better than those nested games. --- Just worried that by the 29th, the reward pool will be completely divided up by whales. --- How are the yields from staking this round? Has anyone tested it? --- The minimum cost is $73... small investors, stop here. --- The River ecosystem is introducing new features again, but this time there’s no complicated logic, so it’s quite fair.
View OriginalReply0
ZkProofPuddingvip
· 12-12 16:46
The $73 threshold is a bit high; this way, only those with actual holdings are filtered out. River's recent operation has been very restrained; they didn't implement any flashy mechanisms, which I like. The $10,000 pool by the end of the year, on average, the returns seem to be about the same. But long-term holders can indeed take this opportunity to earn stable income, just like earning interest in a bank.
View OriginalReply0
ExpectationFarmervip
· 12-12 16:45
Starting at $73, the threshold is a bit tough, but in the long run, it's definitely worth getting in. --- With just 10 coins, you can play, which feels okay, just depends on how the coin prices move later. --- I really like the straightforward distribution mechanism, no complicated twists and turns. --- Staking incentives are a standard operation in the River ecosystem, just see if the returns can outweigh the holding risks. --- Wait, a $10,000 pool for 3 weeks, on average, it shouldn't be too outrageous. --- Long-term holders can join, but for short-term speculation, maybe not.
View OriginalReply0
GovernancePretendervip
· 12-12 16:33
Is 73 bucks enough to play? That would directly discourage half the people. --- The threshold of 10 coins is indeed not low, but if held long-term, the returns are pretty good. --- Wait, could this activity be another scam to fleece users? --- Splitting ten thousand dollars sounds impressive, but I wonder how much actually ends up in each person's pocket. --- The Hexo ecosystem has been quite active lately; let's see if it can sustain in the future. --- The staking threshold is set so high, it feels like they want to filter out users. --- Anyway, I have enough holdings, so I'll just consider it passive income. --- The straightforward mechanism is indeed good, at least it’s not so complicated. --- 69 bucks to enter is a bit expensive, but if $RIVER rises later, it’s not a loss. --- Three weeks for the event cycle feels a bit short.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)