ZKsync announced that it would discontinue its Ignite incentive program due to bearish market conditions.

News event
Claim

Name

ZKsync announced that it would discontinue its Ignite incentive program due to bearish market conditions.

Description

ZKsync’s DeFi Steering Committee announced that it would not renew the Ignite token reward program for another season.

Types

Event date

12:00am, Friday, March 14, 2025

Quotes that support claims

ZKsync announced it would not renew its Ignite incentive program for another season, citing unfavorable market conditions. The program will be discontinued from March 17, as ZKsync reassesses its spending and incentives.

ZKsync DAO’s DeFi Steering Committee announced on Thursday that it has decided not to renew its token reward program for a second season and will be sunsetting it early.

Tags

Week 11 of 2025

Referenced by

Summary

Crypto news