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November 14, 2024

ZKsync’s Ignite Program Sets $48.5M Liquidity Hub, Aiming for Higher TVL

TL;DR ZKsync has launched the recently approved Ignite program to promote DeFi liquidity on its network by distributing 325 million ZK tokens. Ignite aims to increase the total value locked (TVL) in the ZKsync ecosystem and reduce slippage in transactions to benefit both traders and liquidity providers.

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