I'm still not sure if I can do these type of posts publicly but fuck it - Yes, @modenetwork price action is bad - Yes, community is disheartened by this - Yes, we are aware - Yes, a lot is being implemented to improve this including new partners (marketing and onchain), veMODE tokenomics - Yes, big changes are coming ... First let's recap - Mode is the fastest chain to go live with a token, ever. Testnet was in Aug, Devnet November, Mainnet Jan, token in May. - At launch in Jan/Feb we hyper incentivised the eco, this was the play earlier in the year, it gave us great initial growth - Over 60 projects launched on Mode in this short time, $500m TVL, loads of awesome defi innovation being built - We launched the token in May, vols were at all time low, airdrop farmers dumped, price fell alongside with all other L2s and DeFi - Since, April/May alts have been in a bear market with many down 50-90%, yea Mode got hit by this - In July we ran an awesome accelerator with 13 teams, - In August we started to double down on AI Agent infrastructure by building and investing heavily in this space - In September we opened submissions for the AIFi accelerator (kick off this month) - Last week we just released Airdrop 2, saw more sell pressure as expected, good to have that behind us - On Friday we launched veMODE which means 0 MODE emissions for Season 3, emissions will be in OP Where do we go from here? - The team is focussed on the medium to long term, we are building and launching some 0 to 1 products in AI x DeFI in the coming weeks/months (consumer apps, agent infra, synthetic data etc) - veMODE just launched and for season 3 reduces MODE emissions to 0 whilst bringing more demand and utility to MODE, super excited to see how these governance games play out - Brought on a few new market partners who specialise in liquidity, they will be key for the next stage of growth - Cleaning up the data around Mode, lots of incorrect data on listing sites wrt market cap etc, i learned these sites are very important to retail - Going big to market AI agents + infra on Mode, will aim to launch first POCs asap and build in public - Launch consumer app with chain abstraction + wallet abstraction with integrations to @Optimism @base @worldnetwork @unichain Why should anyone bet on MODE now? A few months back it was hard to answer this (for Mode and for many other general L2s) now it's a different story - AI x Crypto is going to be the pervasive theme for the future and when it comes to AI x DeFi AIFi Mode is miles ahead of other ecosystems - consumer apps, agent infra, synthetic data all coming - ve tokenomics are a game changer and our unique implementation will become a standard (i even saw someone do a thought piece on this for a future design for an imaginary chain) - The chads at @Optimism are shipping superchain interop - Mode will be a big part of this - The Mode core team are cracked when it comes to bd + partnerships. We consistently over deliver and have some killer integrations on the horizon - The community is showing strength and resilience, great conversations are happening in our Token Gated groups + loads of other stuff Excited to continue building with you all

Looking for a 2x DeFi analyst chads to join Mode for: - internal project on autonomous economies - developing new onchain strategies Shoot me a DM...