InceptionLRT Monthly Recap - August 2024

September 02, 2024

As August comes to a close, it's time to reflect on all the exciting developments and milestones we’ve achieved.

This month, we've strengthened partnerships, expanded our integrations, and actively engaged with communities across various platforms. We're committed to improving the liquid restaking experience and, with your help, we’ll be able to push the boundaries of DeFi innovation. Let's dive into the highlights!

Product Updates

Partnership with Astherus

We formed a new strategic partnership with Astherus, a liquidity hub for LSTs/LRTs. Astherus brings a wealth of experience in DeFi infrastructure, enabling us to improve our restaking solutions further. This collaboration will focus on developing advanced staking mechanisms and expanding our reach across new networks.

- What This Means for You: Expect improved restaking protocols, optimized for security and yield. Stay tuned for more updates as we continue to innovate alongside Astherus!

-> Check our recent AMA and learn more about our partnership with Astherus

New LP on Balancer - Optimism Chain

We're excited to announce the launch of our new Liquidity Pool (LP) on Balancer's Optimism Chain. By creating this LP, we aim to provide our community with even more liquidity and yield farming opportunities. Now, you can effortlessly swap and provide liquidity for your inETH and instETH tokens on a network renowned for its scalability and low transaction costs.

Balancer Defi Integration on Inceptions dApp (Source)

Key Benefits:

Enhanced liquidity for your inETH & instETH tokens
Reduced transaction fees
Increased yield farming opportunities

Explore the new LP on Balancer today and maximize your earning potential.

-> Start Yield Farming on Balancer's Optimism Chain

New X Layer Integration on Zerolend

InceptionLRT has also integrated with Zerolend's X Layer, enabling seamless bridging of inETH to Zerolend. This integration offers you additional lending and borrowing opportunities, powered by cutting-edge Zero Knowledge technology. It's another step towards expanding our ecosystem and bringing more value to our users.

Benefits for You: Diversify your DeFi strategy with new lending options and access Zerolend's unique features through our latest integration.

-> Bridge inETH to Zerolend’s X Layer

Public Presence & Community Engagement

We Never Left Podcast & Twitter Spaces

This month, our team made several notable public appearances, including an insightful session on the We Never Left Podcast, engaging discussions on Nektar Network and Bracket Finance Twitter Spaces, and a dynamic appearance on the Binance Live Show. These sessions focused on restaking innovation, DeFi strategies, and the future of liquid restaking.

We are committed to coming closer to our communities and ensuring that our users have a voice in our journey.

Heading to Seoul

Exciting news for our global community! We're heading to Seoul in September to participate in several key DeFi and blockchain events. We'll share more details soon, but for now, get ready for some exclusive insights and announcements from the InceptionLRT team in Korea!

InceptionLRT @ Korea Blockchain Week

-> Follow our journey to Seoul and get a chance to meet our CEO

Bug Fixes & Improvements

Referral Link Bug Fix

We heard your feedback and are pleased to announce that the referral link bug has been fixed! Users can now seamlessly share referral links and earn rewards for bringing new members into our growing community. Thank you for your patience and support as we continuously work to improve our platform.

Articles & Insights

Throughout August, we've published several in-depth articles to help you navigate the world of DeFi and restaking:

Dive into these resources to expand your understanding of restaking, explore different strategies, and discover new opportunities with InceptionLRT.

Looking Ahead: A New Season of Innovation

As we wrap up a successful August, we remain dedicated to pushing the boundaries of DeFi innovation. Next month promises more integrations and community-focused initiatives aimed at expanding InceptionLRT.

Our commitment to being the leading liquid restaking powerhouse is stronger than ever, and we’re excited to continue this journey with all of you. For regular updates, insights, and more, follow us on X (Twitter) and visit our Official Blog.

Stay tuned, stay engaged, and let's keep building the future of Defi together!