Namada will launch the first phase of its mainnet on December 3rd! 🎉 Users can stake NAM tokens to validators and participate in voting on on-chain governance proposals. As a Layer 1 protocol, Namada employs a proof-of-stake mechanism, focusing on achieving asset-agnostic inter-chain privacy.
Through IBC, Namada is able to natively interoperate with fast finality chains, while also achieving interoperability with Ethereum through a trustless bi-directional bridge. This technological advancement provides users with greater privacy protection and operational flexibility. The launch of Namada undoubtedly brings new expectations and possibilities to the blockchain industry. 🔗