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ZKsync announces it will cancel the second season of the incentive program Ignite

ZKsync has officially announced that it will cancel the second season of the incentive program Ignite and will gradually terminate the program by closing the rewards for the sixth phase of the first season effective March 17. ZKsync explained that the market is currently in a bear market environment. Like other ecosystems, ZKsync has decided to take a more conservative approach to spending in the medium to short term in response to changing market conditions. All remaining rewards will be distributed as planned by Monday, March 17, 2025. No new incentives or rewards are planned after distribution has been completed thereafter.