🟡MDAI Tokenonomics

Mode AI’s tokenomics have been designed to decentralize Mode AI and reward users and developers that contribute to growing the Mode ecosystem.

MDAI Token

Ticker: $Mode AI contract Address: 0xDfc7C877a950e49D2610114102175A06C2e3167a Total Supply: 10,000,000,000 Current Circulating Supply: 2,500,000,000 \

MDAI Token Utility

MDAI will be used to govern and grow the Mode protocol and ecosystem through:

• Mode AI Governance

• User and Developer Campaigns

• DeFi Integration Grants

• Community Grants

• Growing the Mode AI ecosystem

Tokenonomics

User and Developer Airdrops: 35%

Allocated to users and developers that contribute to growing the Mode AI ecosystem.

• 5.5% of the supply has been allocated to Mode AI users and developers for Airdrop 1

• 5% of the supply has been allocated to Mode AI users and developers for Airdrop 2

• The remaining will be allocated to future airdrops

Investors: 19%

Mode AI investors from past and future investment rounds.

• Investor allocations are subject to 12-month cliff from TGE followed by a 24-month linear vest

Core Contributors: 19%

Mode core contributors that contribute to developing the Mode ecosystem

• Core contributor allocations are subject to 12-month cliff from TGE followed by a 24-month linear vest

Foundation and Onchain Treasury: 27%

• The Foundation allocation will be used to fund initiatives to grow Mode AI Network

• The Onchain Smart Treasury will be allocated MDAI tokens by the Foundation on an ongoing basis decided by governance. The Onchain Smart Treasury will stream tokens to applications to be used as user incentives.

Token Distribution Details

Total supply of 10,000,000,000 tokens. The token supply is fixed.

In Year 1, Mode Foundation AI's core goal is to distribute tokens to users and developers that grow the ecosystem in addition to developing the onchain treasury. From Year 2 onwards governance will manage distributions.

The Mode AI foundation estimates the total supply of circulating MDAI tokens to increase as detailed in this sheet (opens new window).