The Optimism team announced via X Saturday that Mode has partnered with Velodrome to launch new pools on the Optimism network. Mode also launched its liquidity pools on other blockchains including Ethereum and LayerZero.
The Mode team said they plan to partner with more protocols and networks to bring $MODE to even more corners of the DeFi ecosystem.
Optimism’s main utility is to batch transactions on the Optimism network. Optimism allows users to enjoy lower gas fees on their transactions executed on the Optimism network through optimistic roll-up technology. OP is trading at $1.811, up by % in the last 24 hours.