The Inception team, a re-staking protocol built on EigenLayer, recently announced that it will terminate the operation of the protocol. In the past two years, Inception has successfully launched more than 15 LRTs, expanded across ecosystems and blockchains, integrated with more than 60 DeFi protocols, and passed more than 8 security audits.
Despite these advances, the Inception team says the protocol has failed to find a suitable product-market fit. In addition, the lack of liquidity incentives in the shared security space makes the protocol's development path unsustainable.
Re-pledge Agreement Inception Announces Termination of Operation
2025-07-11 14:24:36
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