The holiday season may have passed, but Kim has a special surprise in store for the community. Forget about points for a moment, as Kim brings something more tangible and liquid – Ethereum (ETH).

This gift is powered by Mode's Sequencer Fee Sharing mechanism, a technology that allows users to benefit directly from the fees they pay for transactions on the platform.

What is Sequencer Fee Sharing?

In simple terms, users pay fees to conduct transactions on Mode, and those fees are then directed to a special technology called a sequencer. However, instead of keeping all the fees for themselves, Kim has chosen to align with the ethos of Web3 and redistribute these fees back to the users, traders, and liquidity providers (LPers) who have contributed to the platform's growth.

The Numbers

In February alone, Kim earned a substantial 13 ETH in sequencer fees. As the platform's usage continues to grow, so will the amount of ETH earned, creating a feedback loop that benefits the entire community.

How Can You Benefit?

The ETH <> USDC and ETH <> MBTC pools have already been further incentivized with additional ETH from the sequencer fees, and Kim's lottery is also powered by these fees. You can expect to see more exciting developments in the coming days and weeks, as Kim continues to share the wealth with the community.

In the end, Kim's decision to forgo the temptation of luxury cars and late-night celebrations in favor of aligning with the principles of Web3 is a testament to their commitment to the community. This generous gift is a true testament to Kim's dedication to the growth and success of the platform and its users.