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ETH $1,914.96 +0.58%
BNB $575.12 +0.86%
XRP $1.07 +0.71%
SOL $73.98 +1.15%
TRX $0.3258 +0.50%
DOGE $0.0704 +0.19%
ADA $0.1640 +1.38%
BCH $210.20 -1.90%
LINK $8.38 +0.03%
HYPE $54.19 -0.38%
AAVE $96.34 -4.06%
SUI $0.6892 -0.05%
XLM $0.1724 -0.63%
ZEC $468.73 +1.69%

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

2024-01-23 23:19:54
Collection

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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