PANews reported on March 14 that according to ZKsync officials, Ignite plans to stop issuing rewards on March 17 and will not start the second season. The reasons include focusing on the development of Elastic Network, slow progress in interoperability technology, and adjustments to funding strategies due to the sluggish market. Ignite has helped ZKsync Era TVL increase to $270 million. In the future, the team will optimize the token economic model and launch new ecological incentives. The relevant summary report will be released on March 30.
ZKsync decides to terminate Ignite project and focus on Elastic Network
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