Happy @namada free market launch day!
Privacy is the freedom to reveal, and this freedom is for everyone. Privacy is necessary for personal safety, credible democratic governance, and general human flourishing. Namada is on a mission to become the composable privacy layer of the multichain ecosystem: to bring privacy to existing applications, users, and assets across web3 in a way which makes adding pretty good privacy as easy as possible. Achieving this mission has required and will require years of dedicated work: putting together the right cryptographic components, unifying them into cohesive products, connecting to existing ecosystems, and pushing the twin bars of UX and privacy protection ever-higher until both are simply table stakes. It also has and will require collaboration with our friends and allies from @zcash to @nymproject, @cosmos, @ethereum, and beyond. Namada is proud to build on and contribute to the shared cypherpunk tradition.
We've made an important step in this journey today with this free market launch. The crypto industry in 2025 has normalized artificial markets: tight supply controls, backroom contracts to create the impression of grassroots demand, and misnamed "vesting locks", all of which typically result in the public -- and, specifically, traders who enter new projects and ecosystems -- getting screwed. Namada isn't here for that world. We're here to build real value for real people, and this takes time. This free market launch provides exactly what privacy does: freedom. A free market launch provides all participants the freedom to take any actions on the market which they might like, and the knowledge that the market signal is credible because others have that freedom too. Those who want to exit can exit. Those who want to enter can enter. The choice is yours.
This step is only the beginning of @namada's journey. Through a decentralized, deliberative process, the Namada community has put together a detailed roadmap covering both immediate priorities and longer-term goals: to start by making the product experience slick, smooth, and speedy, expand to new assets and ecosystems (starting with @ethereum, then @solana and more), and craft a sustainable economic engine to drive privacy and Namada forward. Check out more in the link below, and join the discussion -- and try @namada today, and let us know how we can make it better!
Back to shipping now :)
Quick update on the @namada shielded airdrop to @zcash: @heliaxdev does not have the resources to commit to this work in Q3, so in lieu of that I'm offering a $20k bounty (payable in ZEC/NAM/USDC) to anyone who implements a full prototype that can be verified + tested. Link 👇
@nightfuryMD@sunnya97@osmosis@Polaris_App Our take is nailing privacy first for all spot assets + lending markets, via giving users a "privacy vault" on a privacy layer (e.g. Namada/Penumbra)
This privacy vault is secure via MPC + TEE's, and doesn't have latency due to fast bridging it enables! See my research day talk
Token transfers are enabled on @namada mainnet 🔥
Now, you can:
⛓️ Deposit / Withdraw
↔️ Transfer / Receive
🛡️ Shield / Unshield
IBC or native tokens, all of it only on👇
https://t.co/ilTfZZ4USl
A few additive thoughts:
1. Let @zkdragon cook
2. Polaris and Osmosis are heading where conviction > noise
3. After 4 years of lessons, what we’ve learned is simple: conviction predates narratives
4. $OSMO is, and will always be, the engine
Stablecoins 🤝 Privacy
Within 3 days of IBC tokens being enabled on @namada shielded pools, Noble USDC is already the highest value in terms of shielded assets, crossing 500K!
NAM transfers Jun 13 💥
25k $NAM to try shielding w @namada, lfg
500 NAM x 50 humans who:
1. shield a token w @namada
2. qt this with:
- screenshot of shielded assets
- your znam
- answer “One real thing you wanna do privately on-chain?”
I just shielded 1000 @noble_xyz USDC on @namada, and I want to give it away in the next 24 hours to the first 100 folks who help us product test.
Rules:
1) Shield some assets using @namada. Here's a guide: https://t.co/PX4xgQxgUj
2) Q/T this tweet with a screenshot of your shielded assets, your znam address, and any feedback on your experience / what could be improved / what you might want to do with @namada.
3) First 100 folks to do so will get 10 USDC as thanks for product testing! It may take me a day or two to go over everything, please have patience if I miss you by accident.
Top IBC Chains this week by inflow volume:
1. @noble_xyz - $53m
2. @osmosis - $27m
3. @SeiNetwork - $18m
Osmosis beat Sei this week, with major volume flowing in from Noble, Cosmos Hub, Axelar and AtomOne
Explore the stats in real-time on our site
Osmosis co-founder Dev Ohja @zkdragon spoke at @dba_crypto's Research Day event in NYC on how Multi-Party Computation (MPC) can enhance privacy, custody, and UX in crypto — and increase security without compromising user data.
Check it out! 🎙️
https://t.co/GmuHjl8qC9
Gotta say, the @osmosis listing process is getting smoother.
Was able to get PHOTON listed, liquidity added, and a @magmavaults created all with minimal input once @JohnnyWyles87 added it to the assetlist.
This is an important flow to get right and Osmosis is nailing it.
It’s 2025, demand basic security mechanisms in your apps
The simplest is a rate limit. If there’s a contract that can move 100M in a single tx, demand a rate limit on it.
.@Polaris_App dropped the best cross chain interface and no ones talking about it?
bridge any token to/from any major L1 in less time than it takes to microwave a hot pocket
earn @circle $USDC yield while staying completely onchain
this is a strictly better product than anything else in its class and it has (checks notes)…sub 4000 active users?!
wake up and get ahead of the curve
Cosmos is the best builder ecosystem outside of Ethereum
In past few weeks:
- Crosschain token trading now possible with IBC Eureka (native ATOM now on Ethereum)
- USDN launched, now highest market cap onchain yielding stablecoin
- Babylon launched, BTC restaking now possible (get yield on BTC by providing security to other chains)
- Osmosis now a Babylon secured chain
In less than 9 hours since Eureka's launch, over $1 million in assets have flowed through the new IBC routes on the @CosmosHub.
Cross-chain activity is heating up.
See asset breakdown in next tweet.