Mode released updates related to Season 2 points. This mechanism was established to reward users who contribute to the growth of the network, involving the following aspects:
1. Assets and asset multipliers on Mode;
2. DApp and asset Mode points multipliers;
3. MODE staking multipliers;
4. Transaction fee points.
Earlier news, Mode has launched Season 2 on May 5 and will last until September 6.
Season 2 airdrops have allocated 500 million MODE tokens (5% of the total supply) and will provide up to 1 million OP tokens through various incentive activities.
In addition, Season 2 will introduce new assets such as Velodrome, Balancer and other applications, Ethena's USDe and sUSDe, and users can participate in MODE staking to obtain points bonus and ecological airdrops.