Bitfinex Among First to List MODE, the Native Token of Mode Network

Bitfinex named MODE the first to be listed as the native token of the MODE network

Road Town, British Virgin Islands – May March 2024Bitfinex (https://www.bitfinex.com/), the premier digital asset trading platform, today announced that it will be one of the first exchanges to list MODE, the native token of the Mode Network. Mode Network is an innovative Ethereum L2 solution built on Optimism. We provide an on-chain environment that rewards users with MODE tokens for their contributions to network growth.

MODE tokens are established to serve multiple functions within the MODE network. It acts as a governance token, giving holders the right to vote on future developments. In-game utility token. mode facilitates transactions and interactions within distributed applications. and community tokens to encourage active participation and build a robust community ecosystem. You can learn more about the Mode network and ecosystem here. https://www.mode.network/.

Mode Network has also enabled the sharing of on-chain referral fees and sequencer fees to encourage both developers and users to contribute to the expansion of the network. Mode Network aims to use MODE tokens to enhance user engagement within the blockchain space, providing more direct participation in the growth of the network and additional reward mechanisms.

“Bitfinex is committed to supporting the growth and development of the digital asset industry, and by listing MODE we will provide our customers with access to projects at the forefront of the DeFi revolution. I look forward to seeing how they continue to innovate and shape the future of finance.” Henry Child, head of tokens at Bitfinex, said:

MODE deposits are expected to begin around 10:00 AM UTC on May 6, 2024, subject to network conditions. Trading is expected to commence at approximately 11:00 a.m. UTC on May 7, 2024, subject to liquidity requirements being met. MODE tokens will be tradeable against US dollars (MODE/USD) and Tether tokens (MODE/USDt).

To access MODE on Bitfinex, please visit https://www.bitfinex.com/.

*All customers of www.bitfinex.com are subject to Bitfinex’s Terms of Service (“TOS”). United States Persons (as defined in the TOS) and other Prohibited Persons (as defined in the TOS) are strictly prohibited from maintaining, owning, or operating an Account (as defined in the TOS), directly or indirectly, on www.bitfinex. Please note that it is prohibited. .com.

About Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform that provides cutting-edge services to traders and global liquidity providers. Bitfinex offers a suite of advanced trading features and charting tools, as well as access to peer-to-peer financing, OTC markets, and margin trading for a wide range of digital tokens. Bitfinex’s strategy is focused on providing unparalleled support, tools and innovation to experienced traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.

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