Namada completes the final stage of mainnet release, and the native token NAM begins trading this week
Foresight News reported that Namada, based on Cosmos, has completed the final stage of its mainnet release, launching a system aimed at bringing "Privacy as a Service" to decentralized applications, assets, and blockchain. The completion of the mainnet is synchronized with Namada's free market token issuance, making its native token NAM liquid, and trading will begin this week. The core of Namada's product is its' multi asset blocking pool ', which allows users to hide their asset holdings in a decentralized exchange liquidity pool. This feature aims to achieve cross blockchain privacy transactions by allowing users to selectively disclose transaction details. The network is preparing for multiple integrations and currently plans to support Bitcoin through Lombard and Babylon, as well as Ethereum and Solana through cross chain bridges, block exchanges on Osmosis, and be compatible with stablecoins and DeFi tokens.