Subscribe to Mode
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...
Share Dialog
Share Dialog
Dear Mode community,
Season 2 has officially started and is designed to reward users that continue to grow the Mode ecosystem. With $MODE launching on the 7th May (details here and check your Season 1 points here) and a number of leading DeFi applications deploying to Mode we couldn’t be more excited to scale with you all.
Summary:
Season 2 starts on May 5th and runs until September 6th 2024
500,000,000 MODE tokens (5% of MODE total supply) available
Up to 1,000,000 in OP tokens incentives
New applications including Velodrome, Balancer and many more
New assets such as Ethena’s USDe and sUSDe will be introduced
$MODE staking will be available to earn points multipliers and ecosystem airdrops
Season 2 Airdrop has been allocated 500,000,000 MODE tokens (5% of MODE total supply), in addition up to 1,000,000 OP tokens will be available through various incentive campaigns.
This campaign will align incentives with growing Mode into a leading L2 network and DeFi Hub for the Optimism Superchain and Ethereum ecosystem.
Airdrop 2 will add incentives to new product launches from leading DeFi protocols such as Velodrome, Balancer, Ethena and many more.
Mode users will automatically start earning points for Airdrop 2 on the 5th May and can track progress on the Mode Dashboard at https://app.mode.network/ - all users from Season 1 will have pre-check points based on their wallet activity on other chains, the first Season 2 Mode Points update will happen on 6th May.
Further details on Airdrop 2 and the new partners and assets will be shared on https://www.mode.network/about-the-airdrop
In the next 72 hours there will be a update to points multipliers across the following assets and pools. These updates will be communicated in your dashboard and on the Airdrop page. Here is a preview of what’s coming:
$MODE token multipliers
$MODE token locking multipliers
Ecosystem token multipliers
LP position multipliers on new applications
Lending protocol multipliers
Let’s continue to grow Mode together in Season 2!
Dear Mode community,
Season 2 has officially started and is designed to reward users that continue to grow the Mode ecosystem. With $MODE launching on the 7th May (details here and check your Season 1 points here) and a number of leading DeFi applications deploying to Mode we couldn’t be more excited to scale with you all.
Summary:
Season 2 starts on May 5th and runs until September 6th 2024
500,000,000 MODE tokens (5% of MODE total supply) available
Up to 1,000,000 in OP tokens incentives
New applications including Velodrome, Balancer and many more
New assets such as Ethena’s USDe and sUSDe will be introduced
$MODE staking will be available to earn points multipliers and ecosystem airdrops
Season 2 Airdrop has been allocated 500,000,000 MODE tokens (5% of MODE total supply), in addition up to 1,000,000 OP tokens will be available through various incentive campaigns.
This campaign will align incentives with growing Mode into a leading L2 network and DeFi Hub for the Optimism Superchain and Ethereum ecosystem.
Airdrop 2 will add incentives to new product launches from leading DeFi protocols such as Velodrome, Balancer, Ethena and many more.
Mode users will automatically start earning points for Airdrop 2 on the 5th May and can track progress on the Mode Dashboard at https://app.mode.network/ - all users from Season 1 will have pre-check points based on their wallet activity on other chains, the first Season 2 Mode Points update will happen on 6th May.
Further details on Airdrop 2 and the new partners and assets will be shared on https://www.mode.network/about-the-airdrop
In the next 72 hours there will be a update to points multipliers across the following assets and pools. These updates will be communicated in your dashboard and on the Airdrop page. Here is a preview of what’s coming:
$MODE token multipliers
$MODE token locking multipliers
Ecosystem token multipliers
LP position multipliers on new applications
Lending protocol multipliers
Let’s continue to grow Mode together in Season 2!
No comments yet