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The veModel, namely, the vote-escrowed model, has become one of the most widely used models that bring long-term value since it was introduced in Curve. That’s because it is novel in having a weight depending on time. This article will deeply discuss its mechanism and innovation in simple terms.

Mode Network is a modular Layer2 network based on the OP Stack, adopting the Optimism Bedrock upgrade, which reduces costs by more than 95% compared to the Ethereum mainnet. In 2024, it received a $5.3 million donation from the Optimism Foundation, with part of the donation given to the Optimism Collective. The team is small, with technology adopting a modular concept, suitable for developing on-chain games and trading platforms. Mode Flare has been launched, featuring high throughput, quick deployment, and low transaction fees. There are multiple DeFi projects in the ecosystem, with a TVL exceeding $100 million. The future development is worth attention.

Mode Network is a modular Layer 2 project based on the OP Stack, focusing on the DeFi sector. It adopts Optimism's Bedrock upgrade, aiming to reduce fees on the Ethereum mainnet by over 95%. The project received a $5.3 million donation from the Optimism Foundation in January 2024 and maintains a good relationship with the foundation. Since its mainnet launch, Mode Network's Total Value Locked (TVL) has steadily increased, ranking among the top in all Layer 2 networks. Additionally, the project has conducted token airdrops to incentivize user participation and interaction.

This article explores Turbos Finance's emergence in the Sui ecosystem. As a leading DEX, Turbos offers a quality trading platform and serves as a launchpad for meme tokens. It highlights Turbos' strengths: robust growth, meme token support, innovative trading, and comprehensive listings. Turbos catalyzes the meme market and attracts funds in the Sui ecosystem. Through partnerships, rewards, and events, it draws users and projects. The article anticipates Turbos' crucial role in Sui's future expansion.

This article analyzes the current state of DeFi through data, discussing three major opportunities for potential growth and two key challenges.