Join: https://ref.mode.network/YlUh0v
If youāve engaged with Ethereum Layer 2 (L2), participated in DeFi applications, or conducted on-chain trades, youāre now eligible to claim $MODE tokens.
In the realm of cryptocurrency, Ethereum Layer 2 (L2) airdrops have emerged as lucrative opportunities for financial gains. Following the advent of Optimism in 2022 and Arbitrum in 2023, 2024 is witnessing the launch of multiple Ethereum L2 networks, opening up new avenues to earn tokens. Mode Network, introduced on January 31st, is now offering an airdrop for $MODE tokens, confirmed for April 2024. The exciting prospect of becoming an early adopter and seizing this opportunity awaits, and chances are, if youāre active in the crypto space, youāre already eligible for the Mode airdrop. This article delves into what Mode Network represents, outlines the process of claiming the airdrop, and provides insights into maximizing your allocation of $MODE.
Understanding Mode Network
Mode stands out as a modular, DeFi-focused Layer 2 network that is actively contributing to the development of the Superchain alongside Optimism. The primary objective is to empower both developers and users, fostering the growth of a robust ecosystem of world-class applications while directly rewarding contributors. Mode boasts low fees, rapid transaction processing, interoperability with the Optimism Superchain, developer airdrops, and shared revenue from sequencer fees, all geared towards incentivizing both application builders and users.
Powered by the OP stack and endorsed by Optimism, Mode has received a substantial grant of two million $OP tokens (equivalent to approximately $6 million at the time of writing) to further enhance the ecosystem, as reported byĀ The Block.
Airdrop Confirmation
Mode has officially confirmed a token launch scheduled for April, during whichĀ 5.5% of the total supply will be distributed through an airdrop.Ā The distribution targets campaign participants, ecosystem users, and participants in an NFT lottery. Notably, the earlier users engage with the network, the larger their allocation will be. The airdrop encompasses various activities, including past on-chain transactions, referrals to the Mode bridge, asset bridging to Mode Network, and overall interaction with the Mode ecosystem. Further details can be found in theirĀ official articleĀ regarding the airdrop.
How to Claim the $MODE Airdrop (Time-Sensitive)
Claiming the Mode airdrop is a straightforward process that requires just 5 minutes of your time and some $ETH on the mainnet.Ā Participants completing these steps before February 7th will receive bonus early adopter $Mode points.Ā The claiming process is as follows:
Visit theĀ Mode Airdrop PageĀ (https://ref.mode.network/YlUh0v), sign in with your wallet, and connect your Twitter account. Alternatively, use the code:Ā YlUh0vĀ for access.
Click āBridge to continueā and bridge any amount of $ETH. To minimize transaction fees, bridge when the gas price is low (gwei).
Once the bridging process is completed, points will be allocated to your account, which will later be converted into $MODE tokens in April.To increase your $MODE holdings, refer friends using your unique link and explore the ecosystem apps. Regular transactions on the Mode Network will also contribute to your on-chain volume.
Conclusion
Being an early adopter often reaps the most significant rewards in the cryptocurrency space. As a result, focusing attention on farming Mode Network could prove to be a strategically advantageous move. Explore the airdrop opportunity, claim your $MODE tokens, and position yourself for potential rewards as the Mode Network continues to evolve.
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