It is with great excitement we can reveal PRINT3R is going to be coming to Mode Network within the next few weeks to usher in a new chapter of cooperative growth, on-chain innovation, and decentralized trading, setting a new standard for DeFi engagement and community empowerment.
We are very pleased to announce that PRINT3R has been working behind the scenes in preparation for our expansion to Mode Network, marking a significant leap forward in our vision of becoming the best place to trade perpetual markets on chain. This expansion is not just a launch on an additional chain expansion but a crucial step in our preparation for our V2 vision of launching fully permissionless markets, a technological alliance and a shared commitment to reshaping the decentralized trading landscape to be more inclusive and user-focused.
Since our initial launch on Base in January 2024, PRINT3R has seen almost $10M in trading volume, over $15,000 paid back to our LPs in fees and we have started our transition from a basic DeFi Perpetuals protocol to a completely permissionless derivatives provider. Our journey has been guided by invaluable community feedback, leading us to this significant integration with Mode Network. We were highly attracted to the Mode team’s extensive experience, their vibrant community and focus on empowering developers & users to grow an ecosystem of world-class applications and be directly rewarded for their contribution to the ecosystem.
"We are thrilled to launch PRINT3R on Mode Network as this pivotal expansion is not only a strategic move towards broadening our market presence but a crucial step in advancing towards the V2 launch. By integrating with Mode, we are setting the stage for unveiling fully permissionless markets that promise a more inclusive and dynamic trading environment. This launch marks a significant milestone in our journey to revolutionize decentralized trading and solidify our commitment to delivering innovative, user-centric financial solutions." — Tyrone Powell, Founder, PRINT3R.
Why Mode Network?
PRINT3R’s integration with Mode Network signifies our belief in a cooperative DeFi future. Mode Network, at the forefront of Ethereum Layer 2 solutions, is not just a technological advancement but a new paradigm for human coordination and economic systems. By joining forces with Mode, which operates within The Optimism Superchain — a collective of Layer 2 blockchains — we are embracing a future where cooperation, rather than competition, is the key to growth. Our enthusiasm is palpable as we anticipate learning from Mode’s approach to enrich PRINT3R’s ecosystem beyond 2024.
New features coming alongside our launch on Mode Network:
The expansion to Mode Network represents a transformative step for PRINT3R's V2 journey. With this launch, PRINT3R will support a wider array of trading markets and top cryptocurrencies, enhancing our platform's versatility and appeal.
This development is crucial as it not only diversifies the assets available to our users but also deepens our integration within the DeFi ecosystem. The move to Mode with its robust technological infrastructure enables PRINT3R to offer more comprehensive and efficient trading solutions, paving the way for a seamless transition to our V2 architecture, which emphasizes user empowerment and market expansiveness.
Ongoing Airdrop and Benefits for Mode Users:
In conjunction with our expansion to Mode Network, we are excited to announce a special incentive for Mode users. Every action completed on PRINT3R via Mode will earn users 2X the Airdrop XP, enhancing their ability to qualify for and earn significant rewards not only from Mode's airdrop but also from the upcoming PRINT Airdrop scheduled for our V2 launch. This initiative is designed to reward new users from Mode deeply into PRINT3R’s ecosystem, providing them with ample opportunities to benefit from our innovative platform.
Mode Expansion Giveaway
To mark this grand occasion, we’re hosting a Galxe Contest, open to all, featuring a grand prize pool of 200 USDT. The contest runs from April 22nd to May 1st, 2024. To enter users just need to visit our latest quest on Galxe and complete a few simple social tasks!
For more details and entry visit our Galxe Contest article, Here.⬇️
About Mode Network:
Mode is an Ethereum Layer 2 solution designed to foster a collaborative on-chain environment, enabling developers to deploy applications and infrastructure with ease. It aims to empower its community by sharing sequencer fee revenues and offering referral fees, leveraging Optimism’s Bedrock upgrade for over 95% lower fees than Ethereum. Mode encourages ecosystem growth through revenue-sharing incentives, promoting cooperative development within the Optimism Superchain ecosystem.
What is PRINT3R?
PRINT3R is aiming to trade the decentralized trading landscape. Powered by base, we’re a gamified decentralized derivatives platform that focuses on supporting markets for anything, and encourages user loyalty through ease of use, engaging user interactions, and sharing revenue.
Trade liquid crypto assets, memecoins and NFTs up to 50x leverage without the fuss of KYC or sign-up. Just connect your wallet, and you're in. Our platform guarantees no price impact on longs, shorts, and swaps, all at minimal fees.