InceptionLRT v2 launches as the first liquid restoration SuperDapp

(PRESS RELEASE – Dubai, United Arab Emirates, May 6, 2024)

InceptionLRT v2 is set to redefine the DeFi landscape as the first Liquid Retaking SuperDapp within the EigenLayer ecosystem, officially launches with increased capabilities following its strategic merger with GenesisLRT and sets the tone for the imminent community airdrop and token generation event.

This integration, an industry first, combines native and isolated liquid recovery into one seamless application, offering an unprecedented approach to DeFi investments. This version 2 positions InceptionLRT as a leading protocol in the field, introducing significant innovations in how DeFi users can manage and combine their investments across multiple blockchains.

Pedro Verdades, one of the co-founders of InceptionLRT, highlighted the importance of the new protocol updates: “By merging with GenesisLRT, we are not only combining forces, but also synergizing our visions and experience to forge unparalleled Restating power. This strategic step marks a pivotal moment in our journey, propelling InceptionLRT v2 to new heights of innovation and accessibility. – Infinite sum games”

InceptionLRT v2 – Key Features

InceptionLRT v2 is a robust protocol with a strong omnichain presence, enhanced security through distributed validation technology (DVT), and instant liquidity through the flash unstake feature.

The platform broadly meets user needs by providing a unified platform to access a variety of liquid restoration tokens, each offering distinct risk profiles without the dilution typically seen in aggregated approaches.

One of the protocol's strengths is its rewards system, which allows users to earn additional benefits such as Eigenlayer points and Totems, further increasing the attractiveness and value of their investments. Additionally, InceptionLRT v2 ensures optimal performance and security by partnering with top-tier eth node operators and undergoing rigorous audits by leading security companies.

What to expect?

Building on it, InceptionLRT v2 plans to expand its services by deploying native tokens on EVM-compatible chains and increasing its presence on L2 and L3 chains.

Along with the xERC20 standard bridge, also in development, InceptionLRT v2 is poised to deliver greater DeFi composability while providing users with lower costs and optimized experiences.

InceptionLRT v2 is set to enhance the LRT ecosystem with significant updates, including omnichain capabilities and flash highlighting options. It will also expand GenesisLRT initiatives, such as providing logging risk insurance, although details are not yet known.

Key features of this update include the nft marketplace and custom trader selection, with more information expected later this year. Additionally, the governance model used by the veModel Framework will allow $ING token holders to influence the development of the protocol, driving engagement and incentivizing various liquidity providers to create a more interactive ecosystem.

A broader vision for DeFi

InceptionLRT's vision is to lead the liquid recovery sector, dynamically adapting to the changing needs of the DeFi community and leveraging the latest technologies. As the first comprehensive product in the Eigenlayer ecosystem, InceptionLRT v2 will be a game-changer for creating the most rewarding and elaborate DeFi investment strategies.

Born from the merger between InceptionLRT and GenesisLRT, participants of the protocol can expect news on the token generation event, along with more information on how the community airdrop will take place, which shouldn't be too far away.

João Simões, one of the co-founders of Genesis, expressed his excitement about the upcoming merger: “By incorporating the staking capability of all LSTs and adding native staking, in addition to all our special features such as DVT, Omni-chain and flash -unstake we are now witnessing the creation of the first LRT Super APP, and I couldn't be more excited to bring this product to light!

About InceptionLRT

InceptionLRT is at the forefront of the Liquid Restating revolution in decentralized finance (DeFi), providing innovative solutions for everyday users. By allowing users to re-stake their eth Liquid Stake to earn Layer 2 rewards while maintaining liquidity, InceptionLRT improves capital efficiency and maximizes returns. The platform supports various staked eth tokens and partners with EigenLayer to unlock additional rewards for stakers.

<!– ai CONTENT END 1 –>