On-chain transparency was never meant to mean total surveillance. @Namada brings the first composable privacy layer that scales with usage and pays you to protect the network. TGE goes live today. A thread 🧵

1/ On most blockchains, every transaction you make is recorded publicly, forever. That means anyone can trace your income, spending, and savings just by looking at your wallet. But would you really want to share your entire financial history with a stranger on the street?

2/ This is why @Namada uses zero knowledge proofs to keep your data hidden. If you haven’t heard of it, Namada is a privacy-first L1 from the @anoma Foundation that protects any asset, not just its own. It's already live with IBC support and aims to expand to Ethereum, Solana, and more.

3/ The project bundles every kind of asset into a single shared shielded pool. The more users shield their assets, the stronger the privacy guarantees for everyone involved. It’s fast, cheap, and smooth. Finality comes in seconds with near-zero fees, backed by modern consensus and efficient proof systems. And the best part? You get paid to protect your privacy. Stake into the shielded set and earn rewards while making the network safer for everyone.

4/ How to shield assets with Namada: 1) Connect to your Keplr wallet 2) Choose the source chain and the asset you want to send 3) Set your shielded (znam) address as the destination 4) Confirm and transfer And that’s it. Your assets would now be private inside the MASP Check out the complete step-by-step shielding guide here

5/ Their team has a lot planned for the future, with the roadmap having 4 phases: Ignition: Core privacy features, staking, and rewards live. Expansion: Bridges and shielded actions on Ethereum/Cosmos. Integration: Full shielded outposts and better UI support. Transformation: Namada becomes Web3’s default privacy layer.

6/ Namada’s Phase 5 would bring privacy to all IBC chains with shielded transfers and low-latency actions. After this, Namada sets its sights on bridging to Ethereum, Solana, and Bitcoin, enabling privacy across the entire multichain ecosystem. The $NAM token is the engine behind the Namada network: Earned through staking and securing the chain Used to pay gas for transactions Grants governance rights to holders Needed to run privacy-preserving circuits As the network grows, so does demand for NAM.

7/ $NAM is set to go live today. Namada is launching it with a free market approach which means no lockups, full token liquidity from day one. As crypto goes mainstream, the need for built-in privacy is only growing. With infra in place and institutions entering, the next leap is making apps safer and more confidential by design. @Namada might be standing out as the only truly composable privacy layer leading this. Written in partnership with the Team. Bullish on privacy