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What is Mode Network?

Mode is an innovative Layer 2 solution on Ethereum that rewards users for helping to grow its network through cutting-edge economic models. This platform is establishing a new on-chain economy that rewards individuals for their efforts in expanding the network. Developers can earn a portion of the sequencer fees generated from their smart contracts, providing them with a direct financial incentive. Furthermore, Mode's unique treasury system will automatically distribute rewards across the ecosystem, ensuring consistent engagement and support. Leveraging the modular OP stack, Mode is integrated into the super chain network, which encompasses both the base and OP mainnet. Users can benefit from a streamlined and intuitive blockchain experience through the Mode name service. In addition, the Mode bridge allows for effortless asset transfers between Layer 1 and the Mode platform, significantly enhancing the network's flexibility and accessibility for users. This comprehensive approach not only promotes growth but also deepens community involvement within the blockchain ecosystem, creating a vibrant and collaborative environment for all participants. Ultimately, Mode aims to redefine how blockchain interactions occur by prioritizing user engagement and economic incentives.

What is Hermez?

Hermez represents a groundbreaking open-source ZK-Rollup that is tailored to enable secure, affordable, and user-centric token transfers on the Ethereum network. Seamlessly integrating with Ethereum's ecosystem, it champions low-cost token transactions to create a more inclusive financial landscape. The platform is designed for economical token transfers and trading, showcasing remarkable throughput capabilities. Built upon a decentralized and open-source foundation, it guarantees computational integrity for secure transactions. Utilizing zero-knowledge technology, Hermez dramatically reduces transfer costs, enhancing access to financial services and laying the groundwork for widespread acceptance. The trustworthiness of computations and the reliability of on-chain data are maintained through zero-knowledge-proof technology, all while preserving the core public blockchain features of Ethereum. Hermez aspires to create a robust and highly efficient payment network that accommodates the forthcoming wave of digital currencies, ensuring that everyone can participate in financial exchanges. By emphasizing accessibility and efficiency, Hermez is poised to transform our understanding and execution of financial transactions in the evolving digital landscape, making it easier for individuals to engage in the economy. Its innovative approach may inspire other projects to follow suit in enhancing transaction processes across various platforms.

Media

Media

Integrations Supported

Across Protocol
Aori
DEX Screener
DefiLlama
Ethereum
Ironclad
Lore
MetaMask
OKX
Orbiter Finance
Parsec
Rabby
Superbridge
Symbiosis Finance
Telegram

Integrations Supported

Across Protocol
Aori
DEX Screener
DefiLlama
Ethereum
Ironclad
Lore
MetaMask
OKX
Orbiter Finance
Parsec
Rabby
Superbridge
Symbiosis Finance
Telegram

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Mode Network

Company Website

www.mode.network

Company Facts

Organization Name

Hermez

Date Founded

2020

Company Website

hermez.io

Categories and Features

Categories and Features

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