 | InceptionLST (ING)InceptionLST is a Layer 2 restaking platform that enables higher liquidity and yield for your staked assets. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is InceptionLST
Discover Liquid Restaking Tokens (LRTs) and revolutionize liquid staking and DeFi (LSTfi). Seamlessly restake stETH, rETH, or cbETH, while unlocking liquidity, and maintain your restaked LST composable in DeFi.
LST² is the protocol fueling InceptionLST. It emerged as the answer to the inefficiencies of the existing restaking solution on EigenLayer.
EigenLayer's restaking solution introduces an approach to enhance crypto economic security and trust. However, its growth potential can be limited by several challenges and risks. These include liquidity risks, limited DeFi composability, and the competition it faces in comparison to ETH LST yield farming opportunities.
LST² will create a healthier DeFi ecosystem on Layer 2 by unlocking the full potential of DeFi composability through efficient restaking which will attract more liquidity, solve the capital inefficiency, and create opportunities to accelerate the growth of restaking on EigenLayer.
LegalRegistration year: 2023 | Token infoTicker: INGType: Utility-token Token distribution: Seed Round - 5% Private Round - 10% LST2 Incentives - 55% Early Contributors - 20% DAO Treasury - 10% |
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