New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
What is the mission of River?
In the context where DeFi has fully entered the multi-chain era, what River aims to solve is actually an old problem that has troubled everyone:
Funds are trapped in isolated chains, the liquidity of stablecoins is fragmented, and cross-chain transfers still rely on expensive and risky bridges. This ultimately leads to low capital efficiency and limits the role of stablecoins!
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What is the entry point of River?
Its core is omni-CDP + satUSD, a chain-abstract stablecoin system:
Users can stake assets (BTC, ETH, BNB, LST) on Chain A, and then natively mint satUSD on Chain B without the need for bridging or complex wrapping. In other words, River is trying to standardize the action of cross-chain collateralization and minting! However, I think the UI can be simplified; I tried it and still found it a bit complicated.
At the same time, River has also designed satUSD+, a yield-generating version that allows holders to share in the protocol's revenue. This reflects one of River's directions:
Not only should funds be able to cross in and out, but they should also generate returns, and the distribution of those returns should be more open!
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What value does River provide?
For ordinary users:
※ Token holders can release liquidity without selling BTC/ETH.
※ Holders of satUSD can stake to exchange for satUSD+, receiving protocol dividends.
Developers can directly integrate satUSD / satUSD+ into liquidity pools and staking models, creating new application scenarios.
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From a higher perspective, River's goal is to transform the fragmented financial system of the multi-chain era into a capital network that can flow seamlessly. It is not just a stablecoin tool, but aims to become a unified interface for multi-chain liquidity! In my view, the possibility is very high, as evidenced by the continuous increase in TVL!
@River4fun @RiverdotInc #River 4FUN $satUSD