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Re-pledge agreement Inception announced the termination of operations

Internet reports that the Inception team, a re-pledge agreement based on EigenLayer, recently issued an announcement announcing that it will terminate the operation of the agreement. In the past two years, Inception has successfully launched more than 15 LRTs, expanded across ecosystems and blockchain, integrated with more than 60 DeFi protocols, and passed more than 8 security audits. Despite these advances, the Inception team said the agreement 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.

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