TechFlow reports that Mode, a Layer 2 project based on OP Stack, has announced the launch of staking v1.2, offering a total of 200,000 OP rewards—2,000 OP per week for 10 weeks. Users can view the annual percentage yield (APY) for staking $MODE and their boosted points on the Mode dashboard.
OP rewards can be claimed once every 7 days on OP Mainnet. Users may easily stake and unstake $MODE through the Mode dashboard; however, a 7-day cooldown period is required before unstaked assets can be withdrawn.
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