Basic Information
| Information | Details |
|---|---|
| Project Name | Mode |
| Project Website | Mode Network |
| Project Description | Mode is a Layer 2 blockchain ecosystem designed to support DeFi and dApps with high scalability, low costs, and deep integrations with the Optimism Superchain. |
| Project Ticker | MODE |
Airdrop Details
| Information | Details |
|---|---|
| Airdrop Type | testnet / retroactive |
| Total Airdrop Amount | 500,000,000 MODE (Airdrop 2) |
| Number of Eligible Users | Not Known |
| Number of Claimants | Not Known |
Timeline
| Event | Date |
|---|---|
| Blockchain Snapshot | Ongoing (April 29, 2024 & May 2, 2024 confirmed) |
| Claiming Started | May 7, 2024 (11:00 AM UTC) |
| Claiming Ends | 30 days from claim start (Exact date not specified) |
| Airdrop 2 Period | May 5, 2024 - September 6, 2024 |
Token Distribution
| Distribution | Amount |
|---|---|
| Maximum | Not Known |
| Median/Average | Not Known |
| Minimum | 250 points required to qualify |
Eligibility Criteria
- Users must have participated in Airdrop 1 and held assets on Mode during the snapshot periods (April 29 & May 2, 2024).
- A minimum of 250 points is required to qualify for the airdrop.
- Top 2,000 wallets by points will receive 50% of their tokens at launch and 50% after 90 days (vesting based on continued asset holding on Mode).
- Users who exit Mode before the vesting period ends will receive a pro-rata amount based on the duration their assets remained on Mode.
- Users who participated in both Airdrop 1 and Airdrop 2 will receive a significant multiplier.
- Unclaimed Airdrop 1 tokens after 30 days will be reallocated to future rewards.
Important Links
- Price Tracking: CoinMarketCap
- Price Tracking: CoinGecko
- Eligibility Criteria & Official Announcement
- Mode Dashboard (Track Points & Claim)
- Airdrop Details
Additional Information
- MODE will be used for governance, developer incentives, DeFi integrations, and community grants.
- Mode’s total token supply is 10,000,000,000 MODE, with 1,300,000,000 as the initial circulating supply.
- Vesting for top wallets: If a user bridges assets off Mode before the vesting period ends, their second tranche will be reduced accordingly and reallocated to Airdrop 2 participants.
- Users can claim their MODE tokens from claim.mode.network starting May 7, 2024.
- Up to 1,000,000 OP tokens will also be distributed through additional incentives during Airdrop 2.