Gasp | cross-chain protocol
- May 11, 2024
- gasp.xyz
InceptionLRT represents a Layer 2 restaking platform that facilitates increased liquidity and yield for your staked assets. Discover Liquid Restaking Tokens (LRTs) and their pivotal role in revolutionizing liquid staking and DeFi (LRTfi). Seamlessly restake stETH, rETH, or cbETH to unlock liquidity while preserving the composability of your restaked LST in DeFi.
Accessing the InceptionLRT testnet involves a series of steps, ensuring you connect your decentralized wallet securely. Here's a comprehensive guide to navigating this process seamlessly.
To begin, visit the Inception website and click on "Connect Wallet" at the top right corner. Choose your preferred wallet and the associated wallet address to proceed. This action establishes your connection to the InceptionLRT testnet.
After connecting, you'll be prompted to transition to the Goerli Network, Ethereum's testing environment. To proceed, ensure you have GoerliETH (GETH) in your wallet. There are two primary methods to acquire GETH: via the LayerZero testnet bridge or utilizing available faucets.
Upon securing GETH, the next phase involves staking on a liquid staking protocol. You can opt for the Lido testnet to obtain Goerli stETH or perform a swap from Goerli ETH to Goerli rETH on Uniswap Swap page. This step is crucial before returning to the InceptionLRT dApp.
Back in the Testnet Inception App, select "Restake," choose an asset and amount, then initiate the restaking transaction. Upon completion, you'll receive instETH or inrETH, equivalent to the LST staked. Add the Liquid Restaking Token to your wallet and proceed to the Dashboard.
Congratulations on joining the InceptionLRT restakers community! Managing your LRTs occurs via the Inception Dashboard. Within the dApp, you can continue restaking for increased rewards or initiate unstaking to reclaim your assets.
In instances where you wish to retrieve your assets, follow the unstaking process within the Testnet Inception App. Select the LRT, specify the amount, confirm the transaction, and await the "Unstake Successful!" confirmation.
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