The staking feature of River has finally been updated, and this change is quite substantial.
To be honest, leaving coins in a wallet to gather dust is indeed a waste. With their current Staking mechanism, not only can you earn returns, but you can also participate in project governance voting. It's like you are both an investor and a shareholder, which is quite interesting.
The mechanism itself is not complicated — locking up assets to earn rewards while gaining proposal voting rights, the more you hold, the greater your influence. For those who are optimistic about the project in the long term, this design is quite reasonable, as only those who invest real money will seriously consider ecological development.
The specific yield depends on the locking period and the total stake amount, so you'll have to do the math yourself. However, being able to utilize idle assets while also influencing the direction of the project is definitely better than just hoarding.
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FlashLoanKing
· 23h ago
Finally, it's not just a paper plan anymore; River has indeed done a solid job this time.
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YieldWhisperer
· 23h ago
Participating in governance sounds great, but how many actually vote? It's the large investors who call the shots.
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HodlOrRegret
· 23h ago
Wait a minute, is this governance voting right real or is it just another play people for suckers? I need to see real cases before I decide.
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GigaBrainAnon
· 23h ago
Wow, governance rights are given along with the earnings? This is the way to play, finally it's not just a simple capital pool.
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YieldChaser
· 23h ago
Finally, I don't have to watch the coins rust in the wallet anymore, this update is not bad.
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RooftopVIP
· 23h ago
It's another "revolutionary update", I think I'll wait and see.
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PerpetualLonger
· 23h ago
Here we go again with this rhetoric... stake earnings? I went all in directly, since I have no other place to put my spare cash, increasing the position is the way to go.
The staking feature of River has finally been updated, and this change is quite substantial.
To be honest, leaving coins in a wallet to gather dust is indeed a waste. With their current Staking mechanism, not only can you earn returns, but you can also participate in project governance voting. It's like you are both an investor and a shareholder, which is quite interesting.
The mechanism itself is not complicated — locking up assets to earn rewards while gaining proposal voting rights, the more you hold, the greater your influence. For those who are optimistic about the project in the long term, this design is quite reasonable, as only those who invest real money will seriously consider ecological development.
The specific yield depends on the locking period and the total stake amount, so you'll have to do the math yourself. However, being able to utilize idle assets while also influencing the direction of the project is definitely better than just hoarding.