On July 17, River established a cross-chain circulation system based on stablecoins, aiming to link liquidity, yields, and contributions across multiple ecosystems.
The official announcement supports SolvBTC collateral minting of the stablecoin satUSD on BNB Chain, with TVL growing to $400 million within the day; users can mortgage BTC, ETH, BNB and other assets to obtain liquidity at 0% interest rate without selling their positions, and maximize returns through repeated operations. Those seeking stable returns can also stake satUSD to earn a 13% annual yield.
The ecosystem product River4FUN already has nearly 20,000 participants, and previews the launch of a "Creator Voting" feature this week, allowing users to stake and vote to support creators on BNB Chain, with the top 30 sharing a total of 3 million River Pts.
