ZKsync has decided to terminate the Ignite project and instead focus on the Elastic Network

PANews|Mar 14, 2025 01:16
According to ZKsync's official statement, Ignite plans to cease reward distribution on March 17th and will not launch the second season due to reasons such as focusing on the development of Elastic Network, slow progress in interoperability technology, and market downturn leading to adjustments in funding strategies. Ignite has helped ZKsync Era TVL increase to $270 million. In the future, the team will optimize the token economy model and introduce new ecological incentive measures. The relevant summary report will be released on March 30th.
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