TechFlow News, December 3 — According to The Block, Namada, a privacy-focused public chain in the Cosmos ecosystem, has officially launched its mainnet and initiated the first phase of decentralized deployment. Developed by the Anoma Foundation, the project previously raised $25 million in funding in May 2023.
The project's core feature is its "multi-asset shielded pool" technology, which enables users to conceal asset details within DEX liquidity pools, facilitating cross-chain private transactions. The deployment will occur in five phases, with the first phase enabling staking and governance functionalities.
The total supply of NAM tokens is one billion, with the initial unlocked tokens allocated to community members, early contributors, and future development initiatives. The Anoma Foundation has stated it will not operate validator nodes, ensuring full community control over the network. Eligible users can immediately claim their NAM token airdrops and participate in staking and governance.
