What is Airdrop Mode? Guide to Getting Free Tokens Only Here

Bittime - Mode, a Layer-2-based modular decentralized finance (DeFi) platform developed on Optimism Stack, has launched its governance token called MODE.

What is Mode?

Mode is a tier-2 Ethereum blockchain specifically designed to drive rapid growth.

The platform enables rapid application development and deployment of EVM (Ethereum Virtual Machine) compatible applications.

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Tokenomics Token MODE

The total supply of MODE tokens is capped at 10 billion, with 1.3 billion tokens already in circulation at launch. This amount comes from previous crypto airdrops, foundation allocations, and cash reserves.

In terms of distribution, 35% of MODE tokens are allocated for crypto airdrops to users and developers, with 5.5% of them to be released in the first quarter.

How to Buy Crypto:

Main Function of MODE Token

The MODE token has two important roles. First, as a governance mechanism to regulate and maintain network stability.

Second, as a driver for the growth of the MODE ecosystem by attracting more users and developers.

TVL Mode ($MODE)

The network recorded total value locked (TVL) of $603 million, placing it among the top 10 Layer-2 networks.

This value is impressive and close to market leaders such as zkSync Era and Linea, which each have a TVL of around $200 million.

Also read: 5 Coins Based on Blockchain Optimism that Bring Big Profits

Complete Guide to Following Airdrop Mode

• Step 1: Visit the Airdrop Mode page via the official website.
• Step 2: Enter the invitation code to gain access to the airdrop.
• Step 3: Connect your social media account such as Twitter to complete the registration process.
• Step 4: Connect your wallet to connect it to the Mode platform.
• Step 5: Earn points based on your previous on-chain activity with DeFi protocols and NFTs on other networks.
• Step 6: Bridging ETH, USDT, USDC, or other supported tokens from Ethereum mainnet to Mode.
• Step 7: Earn more points by keeping your assets in Mode for a certain period. The longer you hold assets, the more points you collect.
• Step 8: Increase your earnings by recommending Airdrop Mode to your friends. You will earn the points they collect during the campaign.

Conclusion

For more detailed information about the airdrop and how to get started, be sure to monitor the official Mode (MODE) page.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.  

Learn  Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

Also read:

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Ethernity Chain Launches, ERN Token Price Rises 16% Driven by Advanced Layer 2

DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.