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ModeIntroducing Season 3: veMODE + $2m in OP incentives
TLDR: Mode is launching veMODE and becoming the first L2 to implement a vote escrow model for the distribution of incentives to ecosystem protocols. veMODE is an upgrade to the current MODE staking module. Stakers will be rewarded for upgrading their staked MODE balance in order to take part in this new system. OP rewards start accruing immediately upon upgrade, claimable after successful voting participation.Key benefits:Staking to veMODE enables users to continue to earn OP and vote for the...
ModeShutterized Mode Testnet - Navigating Towards Comprehensive MEV Awareness
Mode is proud to partner with Shutter to announce the impending launch of the Shutterized Mode testnet. Slated for release in the next three weeks, this initiative marks a crucial advance towards a fully MEV-aware Mode ecosystem. Our collaboration signifies not just technological integration but a shared vision for a network that is safer, more resistant to censorship, and protected against front-running—all while maintaining a stance of neutrality at the base layer.The Encrypted Mempool: A C...
ModeIntroducing Season 4: The Agentic Economy
TLDRUp to 2M in OP incentives are available in Season 4 for veMODE holders to direct to ecosystem protocols.Stake Mode to earn OP and ecosystem bribesVoting power carries over from Season 3 to Season 4.Bribe Marketplace: Protocols can tap Hidden Hand to offer bribes, streamlining distribution and boosting user engagement.Greater Protocol Transparency: Protocols must provide more insight into their distribution of incentives to remain gauge-eligible.Onchain Activity: OP rewards aim to fuel tan...
>16K subscribers
ModeIntroducing Season 3: veMODE + $2m in OP incentives
TLDR: Mode is launching veMODE and becoming the first L2 to implement a vote escrow model for the distribution of incentives to ecosystem protocols. veMODE is an upgrade to the current MODE staking module. Stakers will be rewarded for upgrading their staked MODE balance in order to take part in this new system. OP rewards start accruing immediately upon upgrade, claimable after successful voting participation.Key benefits:Staking to veMODE enables users to continue to earn OP and vote for the...
ModeShutterized Mode Testnet - Navigating Towards Comprehensive MEV Awareness
Mode is proud to partner with Shutter to announce the impending launch of the Shutterized Mode testnet. Slated for release in the next three weeks, this initiative marks a crucial advance towards a fully MEV-aware Mode ecosystem. Our collaboration signifies not just technological integration but a shared vision for a network that is safer, more resistant to censorship, and protected against front-running—all while maintaining a stance of neutrality at the base layer.The Encrypted Mempool: A C...
ModeIntroducing Season 4: The Agentic Economy
TLDRUp to 2M in OP incentives are available in Season 4 for veMODE holders to direct to ecosystem protocols.Stake Mode to earn OP and ecosystem bribesVoting power carries over from Season 3 to Season 4.Bribe Marketplace: Protocols can tap Hidden Hand to offer bribes, streamlining distribution and boosting user engagement.Greater Protocol Transparency: Protocols must provide more insight into their distribution of incentives to remain gauge-eligible.Onchain Activity: OP rewards aim to fuel tan...
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Web3 is teeming with an abundance of talent and creativity. The goal of the Mode DeFi Degen Hackathon is to bring it all to the surface and reward it. From experienced developers to newcomers and everyone in between; Mode is eager to witness the creative powers of builders in action.
You can sign up for the hackathon here:
Bringing together the best of the ecosystem to build new DeFi applications
If you have ever deployed to ETH mainnet or EVM chains you can deploy to Mode quickly and easily. Mode is an EVM compatible L2 powered by Optimism.
The Mode Degen hackathon is all about pushing the boundaries of experimental DeFi. Take a new idea from product to mainnet deployment with support from the Mode team. Winners will receive prizes, NFTs, grants and support to scale their project on Mode and across Optimism’s Superchain.
WHEN DOES THIS START AND END?
Submissions: December 5th, 2023 @12pm - December 22nd, 2023 @12pm
Judging: December 22nd, 2023 @5pm - December 29th, 2023 @5pm
Winners Announced - January 2nd, 2024 @11am
(Times are al in GMT+1)
You’re the degen, build something you’d actually want to use! Leverage your creativity to its fullest extent to create all the apps needed for a thriving DeFi ecosystem; DEXs, bridges, launchpads, lending and borrowing platforms, aggregators of any kind, stablecoins, distribution or payment dApps, anything you can think - so think outside the box!
The main goal here is to take advantage of Mode's unique qualities and special features, such as the SFS (for more details on SFS here). We encourage you to build on top of it, exploit it as much as you can, and generate that sweet sweet revenue from the activity your Dapp brings onchain.
$15,000 in prizes (paid in cryptocurrency)
Every Winning Team will get support from Mode to build and launch their project on mainnet with a range of growth, audit and other grants.
$5000 (paid in USDC) + 1 Mlady Malenciaga NFT + Co-marketing campaing with Mode
Gigabrainz - 2nd Prize for the most innovative and creative project.
$2,500 (paid in USDC) + 1 CryptoDickButt
$1500 (paid in USDC) + 1 Lobster NFT
$2000 (paid in USDC) + 1 CryptoDickButt
$1000 (Paid in UST)
$1000 (Paid in FTT)
$2000 (Paid in USDC)
James Ross - Founder @ Mode
Michael Vander Meiden - Optimism Grants Council
Caleb Shack - VC at BigBrain Holdings
Smit - Head of DeFi at OP Labs
Jack Niewold - DeFi Researcher
CryptoDog - Legendary trader and investor
Camilla Russo - Chiefess at @DefiantNews
Garlam Won - Founder of Momentum6
LITO.ETH - Founder cryptotesters, Growth at Socket
Use of the SFS - The project correctly exploits the benefits of the SFS (Sequencer fee sharing) in a creative and innovative manner. To what extent the solution utilizes the SFS in new and unique ways.
Potential Impact - The project allows for high transaction throughput on Mode or can help the Network grow providing a benefit for all it's users. How potentially impactful is the project for Mode and it's users.
Innovation and Creativity - Creativity and originality of the idea
Implementation of The Idea - How well the idea was executed by the team
Presentation - How well the project and the idea is presented with a working product, good documentation and short but complete demo. Extra points for sick designs!
Check out our dev post here for submission requirements and additional guidelines.
Bringing together the best of the ecosystem to build new DeFi applications
Good luck and happy hacking degens!
Web3 is teeming with an abundance of talent and creativity. The goal of the Mode DeFi Degen Hackathon is to bring it all to the surface and reward it. From experienced developers to newcomers and everyone in between; Mode is eager to witness the creative powers of builders in action.
You can sign up for the hackathon here:
Bringing together the best of the ecosystem to build new DeFi applications
If you have ever deployed to ETH mainnet or EVM chains you can deploy to Mode quickly and easily. Mode is an EVM compatible L2 powered by Optimism.
The Mode Degen hackathon is all about pushing the boundaries of experimental DeFi. Take a new idea from product to mainnet deployment with support from the Mode team. Winners will receive prizes, NFTs, grants and support to scale their project on Mode and across Optimism’s Superchain.
WHEN DOES THIS START AND END?
Submissions: December 5th, 2023 @12pm - December 22nd, 2023 @12pm
Judging: December 22nd, 2023 @5pm - December 29th, 2023 @5pm
Winners Announced - January 2nd, 2024 @11am
(Times are al in GMT+1)
You’re the degen, build something you’d actually want to use! Leverage your creativity to its fullest extent to create all the apps needed for a thriving DeFi ecosystem; DEXs, bridges, launchpads, lending and borrowing platforms, aggregators of any kind, stablecoins, distribution or payment dApps, anything you can think - so think outside the box!
The main goal here is to take advantage of Mode's unique qualities and special features, such as the SFS (for more details on SFS here). We encourage you to build on top of it, exploit it as much as you can, and generate that sweet sweet revenue from the activity your Dapp brings onchain.
$15,000 in prizes (paid in cryptocurrency)
Every Winning Team will get support from Mode to build and launch their project on mainnet with a range of growth, audit and other grants.
$5000 (paid in USDC) + 1 Mlady Malenciaga NFT + Co-marketing campaing with Mode
Gigabrainz - 2nd Prize for the most innovative and creative project.
$2,500 (paid in USDC) + 1 CryptoDickButt
$1500 (paid in USDC) + 1 Lobster NFT
$2000 (paid in USDC) + 1 CryptoDickButt
$1000 (Paid in UST)
$1000 (Paid in FTT)
$2000 (Paid in USDC)
James Ross - Founder @ Mode
Michael Vander Meiden - Optimism Grants Council
Caleb Shack - VC at BigBrain Holdings
Smit - Head of DeFi at OP Labs
Jack Niewold - DeFi Researcher
CryptoDog - Legendary trader and investor
Camilla Russo - Chiefess at @DefiantNews
Garlam Won - Founder of Momentum6
LITO.ETH - Founder cryptotesters, Growth at Socket
Use of the SFS - The project correctly exploits the benefits of the SFS (Sequencer fee sharing) in a creative and innovative manner. To what extent the solution utilizes the SFS in new and unique ways.
Potential Impact - The project allows for high transaction throughput on Mode or can help the Network grow providing a benefit for all it's users. How potentially impactful is the project for Mode and it's users.
Innovation and Creativity - Creativity and originality of the idea
Implementation of The Idea - How well the idea was executed by the team
Presentation - How well the project and the idea is presented with a working product, good documentation and short but complete demo. Extra points for sick designs!
Check out our dev post here for submission requirements and additional guidelines.
Bringing together the best of the ecosystem to build new DeFi applications
Good luck and happy hacking degens!
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