Coinspeaker
ZKsync Allocates $60M ZK Tokens in Its Ignite Program, TVL Soars
ZKsync, an Ethereum layer-2 scaling network has released 300 million ZK tokens
ZK
$0.22
24h volatility:
1.5%
Market cap:
$813.80 M
Vol. 24h:
$151.00 M
valued at $60 million in its recently launched Ignite Program. As reported by The Block, the allocated tokens will act as liquidity incentives for participants in the program over nine months.
Details of ZKsync’s Ignite Program
Essentially, the Ignite Program is developed for Decentralized Finance (DeFi) to transform the ZKsync Era into a fully-fledged liquidity hub. The program will eliminate fragmentation and increase user adoption, amplifying network effects by unifying liquidity across
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