what's namada?
Namada is a privacy-centric blockchain designed as a shielded asset hub for the multichain ecosystem. It enables users to protect their data across various blockchains, including Cosmos and Ethereum, by retrofitting privacy features to existing transparent networks. At its core, Namada uses the Multi-Asset Shielded Pool (MASP), an extension of Zcash's Sapling circuit, to unify fungible and non-fungible assets into a single shielded set. This allows for confidential transactions, balances, and identities without compromising usability or interoperability. The protocol introduces innovative mechanisms like shielded cross-chain actions via the Inter-Blockchain Communication (IBC) protocol, enabling seamless privacy-preserving transfers between chains. Namada also incentivizes participation through shielding rewards, where users earn tokens for contributing to the network's privacy pool. Built on the Anoma protocol, it supports developer-friendly tools for creating applications that prioritize data sovereignty and selective disclosure, ensuring users control what information is shared and with whom. Namada's architecture emphasizes modularity and scalability, functioning as a Layer 1 blockchain that rewards governance participation and public goods funding. It addresses key Web3 challenges like surveillance and data exploitation by making privacy the default, while maintaining compatibility with broader ecosystems for enhanced composability.
Namada integrates Polaris for private cross-chain custody & swaps across Cosmos, Solana, Ethereum with MPC/TEE.
Integrated with Polaris to enable private custody and cross-chain swaps across Cosmos, Solana, and Ethereum using MPC wallet technology with TEE security.
ChainSafe Infrastructure & Staking teams announce services now available for Namada alongside multiple blockchain protocols including Ethereum, Polkadot, and Celestia.
Osmosis experiments with new privacy features including Shielded Wallets by leveraging Namada's infrastructure alongside Lit Protocol.
A validator/operator discontinues support for Namada staking effective December 1st, requiring delegators to unbond and migrate to other operators to avoid reward disruptions.
Total shielded volume surpasses $25M milestone, demonstrating growing usage of privacy features.
Weekly USDC inflows of $62k drive total shielded assets above $2.5M, with current reward rates reaching 51% for stOSMO and 45% for TIA.
New derivatives trading privacy integration shields position sizes, PnL, and liquidation risks from market exploitation.
Multiple airdrop participation risks identified: potential removal from leaderboard, no guaranteed allocation despite ranking, and indefinite Activity Period timeline on Kaito platform.
Raised $60M in total funding from Polychain Capital and Coinbase Ventures for cross-chain infrastructure and privacy solutions.
20+ teams actively building on devnet, including major DeFi protocols, privacy solutions, and cross-chain infrastructure projects, demonstrating strong early ecosystem adoption.
New airdrop announced: 1% of genesis token supply allocated between Kaito ecosystem participants (0.7% for top Yappers, 0.3% for stakers/NFT holders)
Multi-asset shielded pool enables privacy for IBC assets, ETH, SOL, and USDC with upcoming mobile wallet support and native on/off ramps planned.
External NAM transfers now enabled following governance approval.
$NAM token now tradeable on Osmosis DEX
$NAM token launches on MEXC exchange
Trading debuts at $40M fully diluted valuation with 35% of tokens held by early backers ($57M raise) having no lockup restrictions.
Trading commences with lower than expected listing price amid low on-chain volume, currently valued at 7% of ZEC's market cap with cross-chain privacy capabilities.
First large-scale private transaction ($200k USDC) successfully executed across multiple chains including Ethereum, Base, and Noble.
Launch Party space featuring roadmap AMA and special guests scheduled for 3pm UTC today
Deposits now live on KuCoin and Gate.io with transparent transfer support enabled
CEX listings imminent on Gate.io and KuCoin with 32% liquid supply; 38.96% currently staked.
Experienced delays in upgrading to support permissionless assets; offered $20k bounty for Zcash shielded airdrop implementation due to resource constraints.
Phase 5 activation enables NAM token shielding and private transactions with gas fee support.
Noble USDC reaches 500K in shielded assets within 3 days of IBC integration.
Token transfers enable tomorrow with 1B tokens entering immediate circulation, no vesting or locks, ahead of potential OTC/P2P trading without CEX listings.
Launch of first multi-asset unified shielded pool eliminates need for separate pools per asset type.
Cross-chain asset shielding via IBC now live and operational with Nym and Penumbra integration.
Noble v10 upgrade enables USDN deployment and composable yield functionality across IBC and Hyperlane connected protocols.
Noble-issued USDC and UM token now supported for privacy shielding through multichain privacy layer.
Shielded transaction capability expands to Osmosis, Keplr wallet, and Stride LSTs with upcoming reward program.
Shielded USDC transfers now operational with multi-chain support; launches 1000 USDC testing initiative for first 100 participants.
Phase 5 proposal now on-chain, enabling internal NAM transfers Friday with IBC transfers to follow in separate proposal.
Mainnet enters fifth and final phase with NAM token becoming transferrable, featuring fully liquid supply at TGE despite declined community sentiment.
Protocol now supports fee payment in Celestia tokens while maintaining USDC shielding functionality.
Introduces USDC shielding rewards with NAM, allowing unshielding at any time with no lockup, targeting June 5th implementation.
Delegation Program Round II recipients announced, expanding validator network participation.
Fast Shielded Microgrants program accepts submissions until May 28th, supporting privacy-focused development initiatives.
Protocol now supports 10 total shieldable assets after activating USDC, NYM, UM, and NTRN.
USDC stablecoin privacy-preserving transaction capabilities now live and supported, moving from pending to active status.
Approved governance proposal with 92% approval to integrate Wormhole as first bridge partner, following previous partners shutting down operations, failing plans, and demanding extractive terms.
Testnet upgrades complete; mainnet upgrade imminent with phases 4 and 5 to follow.
Multiple assets (USDC, NYM, UM, NTRN) pending activation for shielded deposits within 24 hours, subject to governance approval.
Validator delegation program round 2 applications close tomorrow, impacting network security participation.
New delegation program opens with 50 validator slots available until April 30th, offering 6-month delegation period.
Protocol upgrade via hard fork required before phase 4 launch, testing phase currently underway on testnet.
Validator delegation program opens April 16th for round 2 applications.
PGF Proposal 14 passes, funding development of explorers and indexers by community builders.
Governance proposal 15 opens to extend maximum proposal period to 260 epochs following successful web3privacy donor drop completion.
MASP activity shows 20% weekly growth with only 3 IBC channels active, indicating strong privacy feature adoption.
First-ever shielded IBC transfers between MASPs currently under testing, enabling private cross-chain transactions.
Launched IBC deposits for multi-asset shielded pool accepting ATOM, OSMO, TIA and their liquid staked versions. NAM token incentives launching soon for deposits.
Cross-chain protocol currently in Phase 3, enabling shielding of assets from Cosmos ecosystem. Phase 5 will include transferability of native NAM token with zero vesting.
Discussion about upcoming NAM token transferability on chain
Mainnet live with NAM airdrop claimable. Phase 3 upcoming with IBC deposits for stATOM, stOSMO, stTIA, ATOM, OSMO, TIA, and INJ. Phase 4 will introduce NAM shielding rewards, Phase 5 will enable NAM transfers.
Over 15% of supply currently staked on mainnet securing the network.
Dry run explorer launched, preparing for mainnet.
Network launch announced with multiple contributing teams including Heliax, Luminara, vKnowable, Veil, and TuDudes.
Dry run upcoming as announced in forum post.
Mentioned regarding pending gas and governance token liquidity.