L2 network Mode based on OP Stack will start airdrops of points in April to reward its active users
On February 1st, the L2 network Mode based on OP Stack will launch a token airdrop in April to reward its active users. Mode will distribute 550 million MODE tokens (5.5% of the total supply) as incentives, of which 400 million MODE will be allocated to the token airdrop; 50 million MODE will be unlocked when the TVL reaches $100 million; 50 million MODE will be unlocked when the TVL reaches $200 million; and 50 million MODE will be allocated to 500 NFT winners among the top 20% of active participants.
In addition, users can also earn sequencer fees from recommended users and receive rewards from Mode's ecosystem applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ChatGPT’s head of product to testify in the DOJ’s antitrust case against Google
Share link:In this post: ChatGPT’s head of product, Nick Turley, has been added as a witness for the United States Department of Justice (DOJ) in its antitrust case against Google. Nick Turley is the latest addition to the witness list that features representatives from Perplexity and Microsoft. Google ramps up preparation for Turley’s testimony by asking for documents related to the hearing from OpenAI through a subpoena.
SEC charges New York blockchain engineer over GME rug pull fraud
Share link:In this post: Eric Zhu settled SEC fraud claims for orchestrating a rug pull scheme involving Game Coin. Zhu allegedly misappropriated $553K by moving unlocked liquidity provider tokens to his control. The case marks one of SEC Chair Gary Gensler’s final enforcement actions.
Analyst Points to the Next Target on the Horizon After the Surge in Bitcoin: “If This Place Is Breached, The Next Stop Could Be 128 Thousand Dollars”
A crypto analyst has spoken about the next target for Bitcoin’s price after its recent rally. Here are the details.
Trending news
MoreCrypto prices
More
