TechFlow reports that the multi-chain privacy public blockchain Namada Protocol has unveiled details of several innovative mechanisms, including the Multi-Asset Shielded Pool (MASP), Cubic Proof-of-Stake (CPoS), Shielded Set Rewards (SSR), and on-chain Public Goods Funding (PGF).
The Anoma Foundation has released a candidate version for the Namada protocol's mainnet launch and will propose a genesis block allocation plan. The native NAM token of Namada will be used for transaction fees, network security, shielded set rewards, governance voting, and public goods funding. Discussions on protocol parameters are ongoing in community forums, covering key metrics such as inflation rate and staking target ratio.
The genesis distribution proposal indicates a total supply of 1 billion NAM tokens with no lock-up period, allocated across categories including community, ecosystem development, and core contributors:
-
Supporters of the Anoma Foundation receive the largest share at 32.0365%. This includes institutional and individual angel investors who participated in fundraising rounds in 2020, 2021, and 2023.
-
Early core contributors, including team members from Heliax, Knowable, Informal Systems, and Luminara, receive 18.5192% of the allocation.
-
Protocol maintenance, research and development, ecosystem, and community development receive 17% of the allocation, jointly stewarded by the Anoma Foundation, Heliax, and Knowable.
-
Completed public distribution initiatives (RPGF program) account for 16.1088%, including sub-projects such as the RPGF Nomination Program and CB Builders Program.
-
Future RPGF programs are allocated 16.3355%, designated for future retroactive public goods funding initiatives; the Anoma Foundation and Heliax will not participate in this portion of the distribution.
The Namada community is currently discussing key matters such as the mainnet candidate release, genesis allocation plan, parameter configurations, and mainnet launch date, making final preparations for a potential mainnet rollout.
