MODE

1. Project introduction

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.

2. Investment institution

MODE will be used to govern and grow the Mode protocol and ecosystem through:

Mode Governance

User and Developer Campaigns

DeFi Integration Grants

Community Grants

Growing the Mode ecosystem

3. Token application and distribution

User and Developer Airdrops: 35%

Allocated to users and developers that contribute to growing the Mode ecosystem.

5.5% of the supply has been allocated to Mode users and developers for Airdrop 1

5% of the supply has been allocated to Mode users and developers for Airdrop 2

The remaining will be allocated to future airdrops

Investors: 19% Mode investors from past and future investment rounds.

Investor allocations are subject to 12-month cliff from TGE followed by a 24-month linear vest

Core Contributors: 19% Mode core contributors that contribute to developing the Mode ecosystem

Core contributor allocations are subject to 12-month cliff from TGE followed by a 24-month linear vest

Foundation and Onchain Treasury: 27%

The Foundation allocation will be used to fund initiatives to grow MODE network

The Onchain Smart Treasury will be allocated MODE tokens by the Foundation on an ongoing basis decided by governance. The Onchain Smart Treasury will stream tokens to applications to be used as user incentives.