Today Marks the Launch of the First Phase of a $500 Million Project’s Airdrop: Get the Latest Crypto News

• The Layer 2 project based on OP Stack, Mode, is set to initiate the first phase of its airdrop today.
• According to Mode’s announcement, the first phase of the airdrop will distribute 550 million tokens, equivalent to 5.5% of the total MODE supply.
• The eligibility of users to participate in the airdrop will be determined by their Mode points, which are distributed based on their activities in DeFi applications and other Layer 2 networks.

Mode, a Layer 2 project based on OP Stack, begins its airdrop today, distributing 550 million tokens in the first phase. Participation is determined by user’s Mode points, earned through DeFi and Layer 2 network activities.

Mode’s Airdrop: A New Opportunity for DeFi Enthusiasts

Mode’s airdrop represents a significant opportunity for users engaged in DeFi applications and other Layer 2 networks. The first phase of the airdrop will see 550 million tokens distributed, equivalent to 5.5% of the total MODE supply. This distribution is a clear indication of Mode’s commitment to rewarding active participants in the DeFi space.

Mode Points: The Key to Participation

Mode has developed a unique system to determine eligibility for the airdrop. Users earn Mode points based on their activities within DeFi applications and other Layer 2 networks. This approach ensures that those contributing to the ecosystem are rewarded, fostering a sense of community and encouraging further participation.

Future Developments: Listing on Crypto Exchanges

Following the commencement of the airdrop, it is expected that Mode tokens will be listed on several centralized and decentralized cryptocurrency exchanges. This will provide further opportunities for users to trade and invest in MODE tokens, enhancing the token’s liquidity and market presence.

Conclusion

The Mode airdrop represents a significant development in the DeFi space, rewarding active participants and encouraging further engagement. With the anticipated listing of Mode tokens on various crypto exchanges, the future looks promising for this Layer 2 project.