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.
Why Mode? Because they created a better airdrop system by collaborating with top data scientists to create a rewards system that’s both transparent and fair. The clarity and consistency are prioritized, and the users will be rewarded for meaningful contributions to ecosystem growth.
The point system is supposed to be far more efficient than an airdrop based on volume, transactions, or period of time. Each interaction with Mode protocols will help users earn points, and the farming can be accelerated through active participation in decentralized finance!
My past activity on chains like Ethereum, bridging to Mode, referrals, and app usage within the ecosystem were transformed into points. These points were used to determine my $MODE allocation, and I received 338 tokens for the effort. Not huge, not laughable like my $BLAST airdrop!
Season 2 has allocated 500,000,000 $MODE tokens, 5% of MODE total supply, plus up to 1,000,000 OP tokens incentive. Users can earn multipliers on base asset points when they add those assets to the DApps highlighted on the Mode Dashboard.