The restaking protocol Inception, built on EigenLayer, has announced the official termination of its operations. The team stated that despite launching over 15 LRTs, integrating more than 60 DeFi protocols, and undergoing 8 security audits over the past two years, they have not been able to find a product-market fit. Additionally, the lack of liquidity incentives for shared security has made it difficult for the protocol to sustain itself. Inception received $3.50 million in funding on January 25 of this year. [Wu Shuo]