L2 Network Mode will launch the Mode Sunrise event in April and plans to distribute 550 million MODE tokens
According to official sources, Mode Sunrise mainnet and the first round of airdrops have been launched based on the OP Stack L2 network mode. Starting in April, a point airdrop will be initiated to reward active users. Mode will distribute 5.5 billion MODE tokens (5.5% of the total supply), including:
- 400 million MODE tokens will be distributed for the point airdrop;
- 50 million MODE tokens will be unlocked when TVL reaches $100 million;
- 50 million MODE tokens will be unlocked when TVL reaches $200 million;
- 50 million MODE tokens will be distributed among the top 20% of participants with 500 NFT winners. In addition, users can earn sequencer fees from recommended users and rewards from Mode ecosystem applications.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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