
Introducing 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...

Shutterized 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...

Introducing 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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Introducing 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...

Shutterized 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...

Introducing 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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Mode is pleased to announce our strategic partnership with Redacted, to work at the cutting edge of innovation for Liquid Staked Tokens. This partnership will see Mode experiment with and eventually integrate apxETH (staked Pirex ETH) into the ecosystem.
Redacted a Trailblazer in DeFi Innovation
Over the past few years, Redacted has built a series of innovative products such as Redacted Protocol, Pirex, and Hidden Hand. Their most recent product Dinero has provided impressive yields on staked ETH via apxETH, following a year-long development phase. A potential integration with EigenLayer could elevate these yields further, showcasing the Redacted commitment to maximizing DeFi’s potential.
Mode Empowering the DeFi Ecosystem
Backed by Optimism, Mode is a Modular DeFi Layer 2 platform dedicated to building robust economic systems for growth. Our focus extends beyond technology; we aim to empower developers and users alike, fostering a thriving ecosystem where everyone benefits from collective progress.
The Synergy: Bringing Yield to Mode
Our partnership with Redacted is more than a mere collaboration; it's a fusion of visions and expertise. Mode is set to leverage Redacted's yield capabilities to enhance our smart treasury. This integration will enable developers on Mode to offer higher yields to their application users, enriching the DeFi experience on our platform.
The Road Ahead: Testing and Launch
Currently, Mode is in the testing phase with Redacted, aligning our systems to ensure seamless integration. Our goal is to launch this feature with our Phase 2 mainnet expected late Q1. Technical details will be published in our docs in the coming weeks. This ensures that every aspect of this collaboration meets our high standards of efficiency and security.
Conclusion
Mode is committed to working with the best teams in the industry to push forward DeFi innovation across Mode and Optimism’s Superchain, and we are excited for Redacted to be a key partner in this journey.
Mode is pleased to announce our strategic partnership with Redacted, to work at the cutting edge of innovation for Liquid Staked Tokens. This partnership will see Mode experiment with and eventually integrate apxETH (staked Pirex ETH) into the ecosystem.
Redacted a Trailblazer in DeFi Innovation
Over the past few years, Redacted has built a series of innovative products such as Redacted Protocol, Pirex, and Hidden Hand. Their most recent product Dinero has provided impressive yields on staked ETH via apxETH, following a year-long development phase. A potential integration with EigenLayer could elevate these yields further, showcasing the Redacted commitment to maximizing DeFi’s potential.
Mode Empowering the DeFi Ecosystem
Backed by Optimism, Mode is a Modular DeFi Layer 2 platform dedicated to building robust economic systems for growth. Our focus extends beyond technology; we aim to empower developers and users alike, fostering a thriving ecosystem where everyone benefits from collective progress.
The Synergy: Bringing Yield to Mode
Our partnership with Redacted is more than a mere collaboration; it's a fusion of visions and expertise. Mode is set to leverage Redacted's yield capabilities to enhance our smart treasury. This integration will enable developers on Mode to offer higher yields to their application users, enriching the DeFi experience on our platform.
The Road Ahead: Testing and Launch
Currently, Mode is in the testing phase with Redacted, aligning our systems to ensure seamless integration. Our goal is to launch this feature with our Phase 2 mainnet expected late Q1. Technical details will be published in our docs in the coming weeks. This ensures that every aspect of this collaboration meets our high standards of efficiency and security.
Conclusion
Mode is committed to working with the best teams in the industry to push forward DeFi innovation across Mode and Optimism’s Superchain, and we are excited for Redacted to be a key partner in this journey.
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