Deep Tide TechFlow News, on July 11, the Inception team, which built the restaking protocol based on EigenLayer, recently announced the termination of the operation of this protocol. 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.

Despite these achievements, the Inception team stated that the protocol failed to find an appropriate product-market fit. Additionally, the lack of liquidity rewards in the shared security space has made the development path of the protocol unsustainable.