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Cryptogirl🔴
@nataaa
💥Big news for Mode and Superchain: Mode is launching veMODE + $2m of incentives✔️ ✔️ Stake your $MODE and vote ✔️ Stakers will be eligible to claim OP rewards each epoch if they vote. ✔️ Vote power increases with time staked. ✔️ MODE and MODE/ETH liquidity tokens can be used to vote ✔️ Season 3 will run for approximately 3 months, with 6 epochs. ✔️ Epochs are two weeks long, voting occurs the first week of each epoch. 📅 Key dates: 17th October: Staking will go live 18th October: Users will be able to upgrade from the old Mode staking contract to the new veMODE Staking contract 24th October: Voting goes live 27th October: veMODE and veBPT must be staked to be eligible to vote in first Epoch 30th October 23:00 UTC: Voting Deadline So Mode is the first L2 to implement a vote escrow model for the distribution of incentives to ecosystem protocols😉 Details here: 👉 https://mode.mirror.xyz/p8IasF_R3wFhRZmmoP6bf8gHQ-ZfBK6O0pMXBQBOmOw
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Fede
@cryptofede
GM ! This is epic, great breakdown!
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