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- 18:29River: Approximately 11 million River Pts have been converted into 10,755 RIVER tokensJinse Finance reported that River announced the launch of its "Dynamic Airdrop Conversion" mechanism alongside the TGE, making over 100,000 addresses eligible to claim River Pts. Currently, approximately 11 million River Pts have been converted into 10,755 RIVER tokens. As of October 18, the 25th day after the TGE, the trading value of 1 million River Pts is approaching the theoretical conversion value on the 35th day (about $13,000).
- 17:58Metaplanet's unrealized BTC gains drop from $600 million to $41.15 millionJinse Finance reported that the unrealized gains of bitcoin (BTC) held by Metaplanet Co., Ltd. have significantly decreased. At its peak, the gains were nearly 600 millions USD, but at the time of writing, this figure stands at 41.15 millions USD.
- 17:00STBL updates roadmap, anchoring mechanism expected to launch by the end of NovemberJinse Finance reported that STBL founder Avtar Sehra stated on X that STBL is executing its roadmap as planned, focusing on delivery. STBL plans to gradually increase minting volume when it launches and calibrates its anchoring system at the end of November. Other items on the roadmap include: multi-staking; buyback (buyback with USST, enhancing USST yields through MFS); anchoring mechanism (expected to launch at the end of November and be calibrated in December); and the anchoring stability system (November/December). In the first month, STBL mainly focused on building and testing modules that support a sustainable market-driven system. November and December will mark the transition from building to balancing, as STBL will launch anchoring and enable market calibration.