PANews reported on July 11 that Inception, a restaking protocol built on EigenLayer, announced the termination of its operations. Over the past two years, Inception successfully launched more than 15 LRTs, expanded across ecosystems and blockchains, integrated with over 60 DeFi protocols, and underwent more than 8 security audits. However, the protocol failed to find a suitable product-market fit. Additionally, the lack of liquidity incentives in the shared security field made the protocol's development path unsustainable.
Inception, the EigenLayer-based re-staking protocol, announced the termination of operations
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