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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