“The Tao, which stands for ZKSYNC, has completed the Ignite Rewards Program from March 17, referring to the bear conditions on the bear. ZKSYNC IGNITE PROGRAM UPDATE 📣 After Careful Consideration, The DEFI Steering Committee (DSC) HAS DECIDED TO NOT RENEW IGNITE FOR SEASON Rewards for Period 6 Here’s Who’s: […]”, – WRITE: Businessua.com.ua
The Tao, which stands for ZKSYNC, has completed the Ignite Rewards Program from March 17, referring to the bear conditions on the bear.
ZKSYNC IGNITE PROGRAM UPDATE 📣
After careful Consideration, The Defi Steering Committee (DSC) Has Doneed to Not Renew Ignite for Season 2 And Will Be Sunsetting The Program Starting March 17th, 2025 by Turning Off Reads for 6.
HERE’S WHY:
– ZKSYNC IGNITE (@ZKSYNCIGNITE) MARCH 13, 2025
After this distribution of new incentives is not planned. The payments for all contracts with service providers will be made by March 30.
As part of Ignite, it was planned to distribute 300 million ZK to stimulate liquidity. There have been two nine months of nine months.
Daily ZK/USDT Stock Exchange: TradingView.
The Defi Project executive committee named three reasons for the premature completion of the initiative:
In 2021 and 2022, ZKSYNC raised $ 450 million in investments.
In September 2024, CEO of Matter Labs, which is behind the protocol, Alex Glukhovsky announced the reduction of staff by 16%.
In June, the project conducted an Airrope 3.6 million ZK tokens. After large -scale distribution, the key performance decreased significantly.
Recall that in December it became known about Deutsche Bank to launch L2 for Ethereum using the ZKSYNC stack.
The gun
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