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CryptoAssetsDepthAnalysis

The River campaign on X Layer OAT just concluded with impressive numbers: 6.7k users participated in the program, including 4k addresses holding satUSD continuously for 3 days. To acknowledge the community's support, River distributed 1 million River points to 2.9k eligible wallet addresses. This is an important next step in building the X Layer ecosystem, paving the way for the project's development in the next phase.

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DegenMcsleepless
· 01-21 03:32
6.7k participated but only 2.9k received rewards? The filtering is too harsh:)
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StableBoi
· 01-20 06:01
6.7k users participating is quite a lot, but only about 4k are true fans. This ratio is a bit heartbreaking.
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PaperHandsCriminal
· 01-20 05:56
It's that airdrop show again, I missed it again, didn't I?
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0xSoulless
· 01-20 05:55
6.7k people participated, and in the end only 2.9k received the airdrop — it's the same old story.
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LiquidationWatcher
· 01-20 05:45
ngl 6.7k users sounds solid but real question is - how many of those are still holding or did they dump immediately after airdrop? been there, lost that during these "ecosystem building" phases lol. satUSD for 3 days straight tho? watch those collateral ratios fr fr
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NftDeepBreather
· 01-20 05:33
6.7k people participated, not bad, but only 4k actually hodl, which makes this ratio interesting.

Holding satUSD for 3 days can earn River points, the threshold isn't high.

Distributing 1 million points to 2.9k addresses, the average seems to be just over three hundred... Whether it's worth participating depends on how the secondary market performs.

X Layer's ecosystem strategy is decent, but it depends on whether there will be real application scenarios in the future.

Most early participants were probably aiming for airdrops; it's hard to say how many true enthusiasts there are.
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