In a strategic move to foster growth and innovation within the Mode ecosystem, we are excited to announce the launch of the Mode DevDrop initiative.

This drop will reward active and promising development teams contributing to the ecosystem with a claimable allocation of Mode tokens. The goal is to incentivize deeper engagement and long-term participation through staking and governance.

Teams can claim tokens here: https://app.hedgey.finance/claim/b92f7714-f593-409b-b191-925310a0bf56

Key Details of the DevDrop

• Token Claim for Eligible Teams: Development teams who have committed to Season 3 governance will receive the DevDrop and will be able to claim MODE tokens. These tokens are intended to be used as part of our commitment to encourage long-term alignment with the Mode blockchain’s mission.

• Staking for veMODE: We expect teams to stake their allocated tokens to receive veMODE, our vote-escrowed governance token. By staking, teams can actively participate in governance and help shape the future of the Mode ecosystem through voting.

• Monitoring Participation: To ensure the success of this initiative, we will closely monitor how teams engage with governance post-claim. Teams that stake and participate actively in voting will contribute to the overall health and direction of the ecosystem.

• Future Incentive Alignment: Teams that fail to stake or engage with governance could potentially be excluded from future token drops. This approach ensures that only those who are aligned with Mode’s long-term vision are rewarded, driving meaningful participation and fostering sustainable growth.

Criteria

The Devdrop allocations range between 1,000,000 and 10,000,000 MODE. Only teams that have signed up to Season 3 governance by submitting a governance proposal have been included.

The amount of tokens have been decided based on:

• Onchain impact to the Mode ecosystem - TVL and volume being primary metrics

• Mode native or multichain - Mode native projects received higher allocations

• Previous grants - other grants impacted the overall amounts given in the DevDrop

This initiative reflects Mode's commitment to empowering builders while ensuring that the ecosystem grows through active, value-aligned governance participation.

About Mode

Mode is the Layer 2 (L2) building the AIFi economy. Mode’s mission is to scale DeFi to billions of users through onchain agents and AI-powered financial applications. Backed by a $6 million grant from Optimism, our mission is to build a more open, efficient, and inclusive financial future.

To learn more and get involved with the community and core team, check out our community telegram groups