InceptionLRT Monthly Recap - October 2024
October brought a new level of growth and innovation to InceptionLRT, marked by feature-rich updates, key DeFi integrations, and impactful events. As we continue expanding the possibilities of liquid restaking, we’re focused on creating a more flexible, interconnected DeFi landscape. This month, we added new LRTs, broadened cross-chain accessibility, and strengthened our community presence at top industry events.
Here’s a recap of our achievements in October and what they mean for the future of InceptionLRT.
Without further ado, let’s dive into the highlights of October!
Product Updates
Inceptions’s New Liquid Restaking Tokens
This month, we introduced 4 new Liquid Restaking Tokens (LRTs) that integrate seamlessly with EigenLayer’s infrastructure, offering users an even broader range of yield-earning options within the InceptionLRT ecosystem:
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inEIGEN - Our dedicated liquid restaking token (LRT) for EigenLayer’s EIGEN
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intBTC - Developed for Threshold Network’s tBTC, this LRT brings a BTC restaking possibility to Inception. Letting users earn Defi rewards on a Bitcoin-backed asset.
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insFRAX - Built for Frax Finance sFRAX, insFRAX facilitates stablecoin restaking, ideal for users seeking further reward opportunities on their stable assets
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inslisBNB - Supporting Lista DAO’s Staked BNB (slisBNB), inslisBNB now offers cross-chain opportunities within the BNB Chain ecosystem
New Liquid Restaking Options on InceptionLRTs dApp (Source)
Our new integrations also allow slisBNB to bridge to the BNB Chain, and sFRAX to Farxtal, expanding cross-chain accessibility and bringing more flexibility for yield strategies across networks.
These updates illustrate our commitment to interoperability, which enables users to leverage multiple blockchain ecosystems for diversified yield and resilience.
DeFi Integrations
As a way to continue improving DeFi composability for our Liquid Restaking Tokens (LRTs), we’re proud to introduce three new Defi Integration:
- inEIGEN/EIGEN Uniswap Liquidity Pool
Users can now restake and earn yields in the inEIGEN/EIGEN pool on Uniswap. This pool enhances liquid restaking accessibility on Ethereum:
-> Explore the inEIGEN pool here.
- insFRAX/sFRAX Curve Liquidty Pool
Restakers can now ean further rewards on their insFRAX Liquid Restaking Tokens on our Curve Liquidity Pool:
-> Explore the new insFRAX Curve pool on Fraxtal
- insfrxETH/sfrxETH Curve Liquidity Pool
We’ve added a new insfrxETH/sfrxETH pool on Curve, now live on Fraxtal. This pool gives users expanded yield opportunities in the Fraxtal ecosystem:
-> Check out the Curve pool here.
These integrations represent a major leap in bringing new yield-earning opportunities to our users and the communities on Curve and Uniswap.
New LRT Defi Integrations on InceptionLRT (Source)
Event Highlights
October has been a bustling month of engagement at top industry events, where InceptionLRT has continued to advocate for the growth of liquid restaking. We made our presence known in one of the year's largest blockchain events: Token 2049.
Token 2049 Highlights
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BTCfi: The Great Showdown Side Event Token 2049 witnessed the exciting BTCfi Showdown panel, an insightful discussion on the evolving dynamics between ETH and BTC restaking. Catch the full panel on Youtube here
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Restaking the Greatest: ETH vs BTC Another standout session featured the debate on ETH vs. BTC in the restaking landscape, showcasing the perspectives of industry leaders and innovators. Watch the full panel on Youtube here
InceptionLRT @ Token2049 Singapore (Source)
ETH Dubai - LRTfi Bash Side Event
In Dubai, we celebrated the liquid restaking ecosystem with the LRTfi Bash, drawing key stakeholders and community members to discuss the latest innovations in DeFi and restaking. Check out the some pictures from the event here.
InceptionLRT @ LRTfi Bash in Dubai (Source)
Upcoming Events
Looking forward, we’re excited to connect with our community in Bangkok at these upcoming events in November:
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The Staking Summit, on the 8-9 November
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DeFi World 2024, on the 11th of November.
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DevCon, from the 12th to the 15th of November
Stay tuned for these events as we continue to expand the possibilities of DeFi and bring new insights to the restaking conversation.
Community Engagement
This month, we also launched the Restaking Mania Intract Campaign to drive greater engagement within our community. The campaign has been a tremendous success, enabling users to earn rewards while experimenting with our 4 new restaking solutions on EigenLayer. The best news is that the campaign is still ongoing.
Participate here to join in on the action and gain further rewards while growing your portfolio through our restaking powerhouse.
InceptionLRTs Restaking Mania Intract Campaign (Source)
Looking Ahead
October has been a landmark month for InceptionLRT, reflecting our commitment to advancing liquid restaking through product innovation, strategic integrations, and active community engagement. As we move into November, stay connected with us on X (Twitter) and our official blog for the latest news, insights, and opportunities.
