What a huge transformation!
➜ @modenetwork has undergone a complete metamorphosis this year, emerging from its Testnet cocoon as a powerful butterfly with the introduction of AIFi.
Let's retrace its remarkable evolution 👇
1. On-Chain Cooperative Genesis
Since the very beginning, MODE positioned itself as the "on-chain cooperative".
This idea comes from the study of cooperative game theory, originally constructed by Von Neumann and Morgenstern.
It sheds light on how coalitions behave and demonstrates that collaboration often results in the highest joint payoff for everyone involved.
Mode we believed this concept was the key to a truly successful token-based economy and sustainable community. It can help return the cryptosphere to a community of shared values.
So, the the team kicked-off the testnet with this core principles in mind.
2. $MODE & Mainnet
In a short period of time, MODE partnered with leading DeFi Protocols and created a solid and cohesive community with shared values.
A great catalyst has been the mode Sunset Airdrop that rewarded the most loyal and active community members through a generous airdrop.
Obviously, after the testnet the mainnet comes and also the native token $MODE were launched with great results.
If you missed 1st & 2nd seasons of Sunset airdrop don't worry because the 3rd Season will probably be unveiled during this Q4!
Mode Mainnet has been live for just under 7 months. In that time, MODE grown from a new project into a leading L2 with $500 million in TVL.
They also have over 60 DeFi protocols deployed on mainnet, a successful accelerator program and over 400,000 users onchain.
3. From DeFi to AiFi
Mode's initial focus on securing and scaling yield-bearing assets has laid the groundwork for something much bigger.
In fact, they've just revealed what they've been developing behind the scenes: AIFi, a groundbreaking initiative that will redefine the future of DeFi.
AIFi, powered by AI agents, is set to transform DeFi.
Mode is leading the charge by partnering with infrastructure providers like Giza and Olas, and funding innovative projects like RPS AI and Omo.
This collaborative effort is building the foundation for a future where AI agents drive financial transactions.
4. The End
In just a year, @modenetwork has achieved incredible milestones: a thriving community, a successful mainnet launch, and now, the dawn of AIFi.
With a thriving community, a successful mainnet launch, and now the dawn of AIFi, Mode is redefining what's possible in the world of finance. Join the movement and be a part of the future.
Learn more about AIFi, explore its potential applications, and discover how you can get involved at https://t.co/vpVJpicOsX!




From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.