Moonhill capital

Moonhill Capital invests in MODE Network

Mode L2 scales DeFi to billions of users through onchain agents and AI-powered financial applications. Mode is building the AI agents economy.

Dec 13, 2023Investments

OVERVIEW

Mode Network is a modular Ethereum Layer 2 (L2) solution designed to enhance the decentralized finance (DeFi) ecosystem by integrating artificial intelligence (AI) capabilities. Built using the OP Stack and as part of the Optimism Superchain, Mode aims to scale DeFi to billions of users through on-chain agents and AI-powered financial applications, fostering a more open, efficient, and inclusive financial future.

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Launched in January 2024, Mode Network has rapidly expanded, hosting over 50 DeFi applications on its secure L2 infrastructure. The platform's unique approach combines AI-driven automation with DeFi, offering users optimized yield strategies and automated on-chain trading through intelligent, data-driven decision-making systems.


KEY FEATURES

  • Secure L2 Infrastructure: Mode's DeFi-powered L2, built with Optimism, provides a robust environment for DeFi applications, enhancing security and scalability.

  • AI Integration: The platform incorporates AI agents to automate on-chain trading and optimize yield strategies, leveraging intelligent, data-driven decision-making systems.

  • Yield-Bearing Assets: Mode has partnered with leading protocols such as Ionic, Renzo, and Layerbank to offer users access to optimized yield opportunities, enhanced security, and seamless asset management across multiple platforms.

  • Incentive Programs: Users can earn rewards by staking MODE tokens, participating in governance voting, and engaging with applications within the ecosystem. The platform has allocated $2 million worth of OP tokens for its Earn Season 4 incentives.

  • Native Token (MODE): The MODE token serves as the native utility token for governance and incentivization within the Mode Network. Token holders can influence decisions and shape the platform's future direction.


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