ZKsync Ignite boosted the project’s TVL to $270 million. However, DeFiLlama data shows that ZKsync’s TVL is currently down to $139 million.

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ZKsync Ignite boosted the project’s TVL to $270 million. However, DeFiLlama data shows that ZKsync’s TVL is currently down to $139 million.

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ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network

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ZKsync’s Ignite program was launched as a liquidity incentive initiative, allocating 300 million ZK tokens to encourage participation in the DeFi ecosystem.

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