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ETH $1,663.97 -0.54%
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XRP $1.12 -1.01%
SOL $67.59 -0.50%
TRX $0.3183 +0.40%
DOGE $0.0864 -1.70%
ADA $0.1671 -3.55%
BCH $201.97 -2.69%
LINK $7.85 -1.69%
HYPE $60.33 +1.31%
AAVE $65.75 -0.88%
SUI $0.7491 -2.64%
XLM $0.1830 -3.24%
ZEC $423.08 +3.25%

Mode will receive a grant of 5.3 million OP tokens from the Optimism Foundation

2024-01-23 23:19:54
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ChainCatcher news, according to The Block, the L2 network Mode based on OP Stack will receive a grant of 2 million OP (approximately 5.3 million USD) from the Optimism Foundation to support user growth incentives. Mode will donate a portion of its sequencer revenue to the Optimism Collective and will join the Law of Chains.

It is reported that Mode will also continue to develop open-source tools for the superchain ecosystem, focusing on bringing native yield, smart vaults, and on-chain AI agents to the network, and will invest resources into public goods. In addition, Mode plans to launch its mainnet at the end of January.

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