TechFlow News, the multi-chain privacy public chain Namada has launched an incentivized testnet, offering testnet participants a reward of 3% of the total supply (30 million NAM tokens). The testnet campaign begins on January 15 and will run through the end of the month.
Notably, Namada is a proof-of-stake Layer 1 blockchain protocol developed by the Anoma Foundation, scheduled for mainnet launch in Q1 2024. As part of the Cosmos ecosystem, the network aims to enable asset-agnostic multi-chain privacy by using zero-knowledge proofs to transfer assets across different blockchains.
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