Inception, the EigenLayer-based re-staking protocol, announced the termination of operations
2025/07/11 22:35
PANews reported on July 11 that Inception, a re-staking protocol built on EigenLayer, announced the termination of operations. 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. However, the protocol has not found a suitable product market positioning. In addition, the lack of liquidity rewards in the shared security field makes the development path of the protocol unsustainable.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Glassnode report: Bitcoin shows signs of supply tightening, small investors increase holdings by 19,300 coins per month, exceeding issuance
PANews reported on July 11 that according to the latest report from Glassnode, on-chain analysis shows that market supply continues to tighten, volatility is compressed, and accumulation pressure is significant.
Share
PANews2025/07/11 15:40
Russia to ban data processing centers from using cheap electricity for cryptocurrency mining
PANews reported on July 11 that according to Cryptonews, Russia will prohibit domestic data processing centers from mining cryptocurrencies if subsidized electricity is used. Previously, the government had revised the
Share
PANews2025/07/11 09:23
As Roswell, New Mexico sets up Bitcoin strategic reserve, why more US cities could follow suit
New Mexico’s city of Roswell was the first city in the US to establish a Bitcoin reserve in April 2025. The city established the reserve with the first donation of $3,000 toward the Bitcoin strategic reserve. The city’s target for the reserve is $1 million.
Share
Fxstreet2025/07/10 03:30