🟑MODE Tokenonomics

Mode’s tokenomics have been designed to decentralize Mode and reward users and developers that contribute to growing the Mode ecosystem.

MODE Token

Ticker: $MODE Contract Address: 0xDfc7C877a950e49D2610114102175A06C2e3167a Total Supply: 10,000,000,000 Initial Circulating Supply: 1,300,000,000

MODE Token Utility

MODE will be used to govern and grow the Mode protocol and ecosystem through:

  • Mode Governance

  • User and Developer Campaigns

  • DeFi Integration Grants

  • Community Grants

  • Growing the Mode ecosystem

Tokenonomics

User and Developer Airdrops: 35%

Allocated to users and developers that contribute to growing the Mode ecosystem.

  • 5.5% of the supply has been allocated to Mode users and developers for Airdrop 1

  • 5% of the supply has been allocated to Mode users and developers for Airdrop 2

  • The remaining will be allocated to future airdrops

Investors: 19%

Mode investors from past and future investment rounds.

  • Investor allocations are subject to 12-month cliff from TGE followed by a 24-month linear vest

Core Contributors: 19%

Mode core contributors that contribute to developing the Mode ecosystem

  • Core contributor allocations are subject to 12-month cliff from TGE followed by a 24-month linear vest

Foundation and Onchain Treasury: 27%

  • The Foundation allocation will be used to fund initiatives to grow MODE network

  • The Onchain Smart Treasury will be allocated MODE tokens by the Foundation on an ongoing basis decided by governance. The Onchain Smart Treasury will stream tokens to applications to be used as user incentives.

Token Distribution Details

At genesis there will be an initial total supply of 10,000,000,000 tokens. The token supply is fixed.

In Year 1, Mode Foundation's core goal is to distribute tokens to users and developers that grow the ecosystem in addition to developing the onchain treasury. From Year 2 onwards governance will manage distributions.

The Mode foundation estimates the total supply of circulating MODE tokens to increase as detailed in this sheet (opens new window).

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