ModeMax v2 Season 3 Eligibility for Protocol Incentives

Governance Season 3 Eligibility
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Protocol/Project Name:

  • ModeMax V2

Protocol Overview:

  • ModeMax: The Ultimate One-Stop Derivatives Trading Platform on Mode network.
    It is the first native one-stop derivatives trading platform offering spot swap and perpetual trades with up to 50x leverage. ModeMax, as a decentralized spot and perpetual exchange, embodies the spirit of optimization and innovation within the crypto landscape. By offering leveraged trading within a secure, decentralized, and user-centric framework, ModeMax aims to redefine how users engage with digital assets. With a vibrant community comprising traders, liquidity providers, and DeFi enthusiasts, ModeMax is poised to drive the adoption of decentralized finance while shaping the future of crypto trading.

    Since ModeMax launched on August 8, 2024, we have experienced significant growth and generated substantial revenue for all participants. We’ve upgraded ModeMax over 10 times, including enhancements in security, UI/UX design, a new rewards mechanism, trading competitions, and improved protocol performance. Here’s some illustrating key data metrics we’ve achieved over the past two months:

    1. Total Volume: $50,000.000
    2. TVL: $150K
    3. Total Trade Users: 177
    4. MLP Rewards: $12k
    5. esMOX Rewards: $6k

  • we just want to emphasize that we are a solid and experienced team committed to building on the Mode network to deliver the best perpetual DEX and generate even more revenue for all users and the Mode network.

MS Receiver Address:

  • Mode: 0x888fD63c0210942a4b9083E7Ea4447639c829DeA
  • Optimism: 0x888fD63c0210942a4b9083E7Ea4447639c829DeA

Distribution Confirmation:

  • We confirm that we will use Merkl to distribute the incentives received.

Incentive Impact Statement:

  • Objective: To grow liquidity deepth and trading volume

    ModeMax will reward all liquidity providers and traders with 100% of the Season 3 token incentives, in addition to the current esMOX airdrop rewards. By leveraging the Season 3 token incentives, all participants will receive two types of rewards in ModeMax:

    1. 100% Season 3 token incentives
    2. esMOX airdrop
    3. Daily fees revenue(LP fees revenue+ esMOX staker fees revenue)

    Powered by Season 3 incentives, we are going to launching a trading competition and a liquidity competition to fairly distribute three types of rewards to genuine participants.

  • This approach will activate the growth flywheel of ModeMax, maximizing benefits and revenue for all. More incentives lead to increased liquidity and trading volume, attracting more users and generating higher fees—resulting in greater revenue for all participants in ModeMax and Mode ecosystem.

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Vote for us and join this exciting journey to earn together on the Mode network

Eligibility Criteria:

Additional Information:

Roadmap:

  • In the next 3- 4 months, ModeMax will have 3 important upgrade, that include:

  1. v2 in Oct: Introduction of concentration pools to enhance liquidity efficiency. LP fee revenue will be emitted to an independent contract for anytime claiming, along with a new emission mechanism and a new price feeds system; Will support multi-chains through expand current tech architecture.

  2. V3 in November-December is most important upgrade, the architecture has been developed on v2 upgrade. Support for listing volatile token assets as tradable tokens with 100x leverage in an innovative tier. Each volatile token will have its own independent pool with customized fees, leverages, bribes and incentives.

  3. TGE: Following V3, we will launch the Token Generation Event (TGE) to benefit all participants and $veMODE holders.

  4. V4 in 2025 Season 1: Launch of a meme launchpad, making it easier to launch memes on Mode with an innovative trading mechanism. Most importantly, memes will be integrated into the innovative tier as tradable tokens with leverage, automatically activated when meme liquidity reaches a predetermined goal at launch.

Partnerships:

  • Since the launch of ModeMax, we’ve established solid partnerships with over 10 reputable protocols which includes Pyth, MoChad, Autonomint, Nomis, BETMODE, SwapMode and Ironclad etc on the Mode network

Community Engagement:

  • Some incentive community campaigns will launch base on on TGE, stay tuned.

Contact Information:

  • [ :pencil2: Telegram: @AshrafAli00 @weconomypistis ]
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LFG MoChad ( Mode Chads )

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Update new MS Receiver Address:

Mode: 0x888fD63c0210942a4b9083E7Ea4447639c829DeA
Optimism: 0x888fD63c0210942a4b9083E7Ea4447639c829DeA

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