According to @EmberCN, River will open a USDT Smart Vault on Sep 10 at 22:00 with a 45-day term and 40.8% APY. source: @EmberCN on X; app.river.inc/smart-vault The tranche is capped at 10 million dollars and the author expects it to fill quickly. source: @EmberCN on X Deposits are accepted in BTC, ETH, or USDT, and returns come from strategies executed across DeFi and CeDeFi. source: @EmberCN on X The Smart Vault is positioned as simpler than CDP protocols, with funds locked then principal plus yield returned at maturity. source: @EmberCN on X It claims no liquidation risk due to the satUSD minting mechanism. source: @EmberCN on X River is described as the first chain-abstraction stablecoin system, reporting 600 million dollars in TVL and 270 million satUSD minted. source: @EmberCN on X The system allows posting collateral on one chain and minting satUSD on another, improving speed and reducing bridging fees versus the usual collateralize-then-bridge flow. source: @EmberCN on X; twitter.com/RiverdotInc/status/1964975530291470556

According to @ai_9684xtpa, River’s Smart Vault opens on Sep 10 at 22:00 for a 7-day deposit window with a 10M USDT cap, locking deposits for 45 days and accepting BTC, ETH, and USDT; yield is composed of a 16.8% fixed return paid in satUSD plus 15M River points, and details are available via the River app Smart Vault page, source: @ai_9684xtpa; River app. The ~40% APY is the official estimate based on a $200M FDV assumption displayed in the staking UI, while tokenomics have not been released and the deposit campaign points represent 1.5% of the Season 2 airdrop pool, source: @ai_9684xtpa. For USDT deposits, funds are minted 1:1 into satUSD and staked, then layered with protocol incentives and DeFi and CeDeFi strategies to generate the fixed portion and additional incentives, source: @ai_9684xtpa. satUSD circulation has surpassed 270M and River’s ecosystem TVL is about $430M on BSC, integrating Pendle, Lista, and LayerZero, with satUSD ranked 28th by supply on DeFiLlama, source: @ai_9684xtpa; DeFiLlama. Given the 10M USDT cap and 45-day lock, traders should monitor satUSD minting demand, BSC yield shifts during the 7-day intake and at unlock, and any disclosures on River token distribution that could affect the points component’s realized value, source: @ai_9684xtpa; River app.