Modular DeFi Layer 2 network Mode is set to receive up to 2 million OP tokens — worth approximately $5.3 million at current prices — as a grant from the Optimism Foundation to support user growth incentives on the platform.

Mode, built using Optimism's OP Stack, will commit a portion of its sequencer revenue to the Optimism Collective and opt into the Law of Chains — an open neutrality framework designed to govern the Superchain network — as part of the initiative.

In Layer 2 networks, sequencers are responsible for ordering transactions before they are batched and submitted to the main chain, in this case, Ethereum. The Optimism Collective is a community designed to reward public goods for Ethereum, according to its website.

The Superchain is Optimism’s network of multiple Layer 2 …