Originally, Ignite planned to allocate 300 million ZK tokens over nine months for liquidity incentives. Season 1 was planned from Jan. 6 to Mar. 31 and set out to distribute up to 100 million ZK tokens ($20 million at the time), now worth $7 million due to the price drop in ZK tokens over the past few months.

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Originally, Ignite planned to allocate 300 million ZK tokens over nine months for liquidity incentives. Season 1 was planned from Jan. 6 to Mar. 31 and set out to distribute up to 100 million ZK tokens ($20 million at the time), now worth $7 million due to the price drop in ZK tokens over the past few months.

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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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