eOracle Now Provides Secure Data Feeds for InceptionLRT assets
eOracle now provides secure price feeds to the InceptionLRTs - which aims to revolutionize the balance between user rewards & ecosystem security through restaking & LRTs - in the lending market space.
Introducing InceptionLRT
InceptionLRT is a liquid restaking protocol, powering the restaking movement. It helps users make their liquid staking tokens (LSTs) work harder while unlocking their digital assets' full potential through a secure and flexible ecosystem. The InceptionLRT protocol combines a dual-layered reward structure, enhanced liquidity, flexible restaking options and security features to achieve the perfect balance between security & reward optimization.
What is Restaking?
Restaking is a revolutionary concept that allows you to leverage your already-staked assets to provide additional security and validation capabilities to other networks and services.
How Does Liquid Restaking Work?
Liquid restaking combines the benefits of both staking and liquidity. When you restake your assets, you receive liquid restaking tokens (LRTs) representing your restaked assets. These LRTs can be freely traded or used in various dApps, giving you great flexibility and earning potential.
You can explore the Inception platform here
The Role of Curators on the Inception Platform
InceptionLRT Curators play a vital role on the Inception platform by creating & managing strategies that allocate economic security across the restaking ecosystem. These Curators strategically select and distribute assets to validation networks, creating a balance between user rewards and ecosystem stability. They leverage InceptionLRT's specialized tools (including curated vaults) to streamline the management of multiple restaking protocols and create customized solutions for users. Curators will join a veModel governance system, enabling them to guide the platform's direction and align strategies with community objectives. Stay tuned on the updates for this platform - it’s set to transform how Curators, Node Operators, and LRT participants interact with restaking data - you can read more on curators here.
eOracle Now Provides Secure Price Feeds for InceptionLRTs
eOracle is working with InceptionLRT, to distribute their LRTs (Liquid Restaking Tokens) on lending markets such as Elara; with the newest addition being delivering essential price feeds for the inwstETHs/wstETH pairs, enabling the distribution of these assets on Zircuit.
However, with these new eOracle feeds on InceptionLRT are just the beginning - further data feeds will follow in the very near future - so be sure to keep your eyes on our announcements!
Head to the link below to stay in the loop and contribute to the eOracle community. Join the eOracle community here