Mode Network Description
Mode is an Ethereum Layer 2 solution that incentivizes users for expanding its network through innovative economic strategies. This platform is creating a novel on-chain economy that compensates individuals for their contributions to network expansion. Developers can receive a share of the sequencer fees generated through their smart contracts. Additionally, Mode's innovative treasury will facilitate automated rewards throughout the ecosystem. Built on the modular OP stack, Mode is part of the super chain network, which includes both base and OP mainnet. Users can enjoy a streamlined, user-friendly blockchain experience with the Mode name service. Furthermore, the Mode bridge enables seamless asset transfers between Layer 1 and the Mode platform, enhancing the overall flexibility and accessibility of the network for its users. This multifaceted approach not only fosters growth but also strengthens community engagement within the blockchain space.
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