The MODE Yield Accelerator is now open for applications, aiming to drive the growth of native projects within the MODE ecosystem, with a particular focus on projects related to yield and DEFI infrastructure development. This accelerator program plans to provide $10 million in funding, which will continue until the end of June 2024. The funding includes capital from the MODE Angel Network, token incentives from MODE's "DEVDROP 1," and points from technical partners GOLDSKY, PYTH, and THIRDWEB. The application deadline is April 21st.

Odaily Planet Daily News: Mode, a Layer2 network built on the OP Stack, has announced that registration for the Mode Yield Accelerator is now open, with the application deadline set for April 21st.

The Mode Yield Accelerator aims to drive the growth of native projects within the Mode ecosystem, with a particular focus on projects related to yield and DeFi infrastructure development. This accelerator program will run until the end of June 2024.

The incentives offered include $10 million in funding from the Mode Angel Network, Mode's "DevDrop 1" (5% of the total token supply distributed monthly to projects based on various on-chain metrics), and points from technical partners (Goldsky, Pyth, thirdweb).

MODE YIELD ACCELERATOR is open for applications, providing $10 million in funding to promote ecosystem growth.