The restaking protocol Inception has announced the termination of its operations.

On July 11th, the Inception team, which built the restaking protocol Inception based on EigenLayer, recently announced that it will terminate the operation of the protocol. Over the past two years, Inception has successfully launched more than 15 LRTs, expanded across ecosystems and blockchains, completed integrations with more than 60 DeFi protocols, and passed more than 8 security audits. Despite these advances, the Inception team stated that the protocol failed to find a suitable product-market fit. In addition, the lack of liquidity rewards in the shared security space has made the protocol's development path unsustainable. [Deep Tide TechFlow]