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🟡 Introducing Mode

Mode is the Modular DeFi L2 building the Superchain alongside Optimism.

The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution.

Mode builds new onchain economic systems to enable developers to scale their applications, provide higher yields for users. If you have ever deployed to any EVM chains you can deploy to Mode quickly and easily.

Build experimental DeFi on Mode, get hands-on support to scale your application and earn predictable revenue through sequencer fee sharing and developer airdrops.

The Onchain Cooperative

The goal of Mode is to empower developers and users to grow an ecosystem of world-class applications and be directly rewarded for their contribution to the ecosystem. We have built in mechanisms into the protocol such as Sequencer Fee Sharing and user referral fees as ways of rewarding whoever helps the ecosystem grow.

Mode is committed to rewarding developers who grow the Mode ecosystem via the following mechanisms:

Sequencer Fee Sharing
In addition, Mode builds with contract revenue-sharing incentives at the protocol layer. Applications and users that scale the Mode blockchain are motivated to work together and directly receive a proportion of network sequencer profits.

Developer Airdrops
Mode will run a series of developer airdrops which reward developers for their contributions to the Mode ecosystem. A significant portion of MODE is available for developers.

Optimism's RPG Funding
All developers building Open Source apps and tools on Mode can apply for Optimism's $2b RPG Funding program. The Mode team will assist developers with their applications.

Low Fees

Mode has implemented Optimism's Bedrock upgrade which has significantly reduced the fees to be over 95% less than Ethereum. This makes it fast and cheap to use, great for end-user dApps!

Contributing to the Superchain

Mode is powered by the OP Stack, in collaboration with Optimism. We aim to contribute to growing Optimism's Superchain ecosystem as the main DeFi hub.

documentation's People

Contributors

modenetwork avatar fede2442 avatar joshuanwankwo avatar maradeeym avatar xuyuanzhi avatar zainbacchus avatar omahs avatar vanshwassan avatar

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