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The Namada Mainnet has been launched, and the NAM Token will start trading this week.
[Chain News] On June 17, it was reported that Namada, based on Cosmos, has completed the final phase of its Mainnet launch, introducing a system aimed at providing “Privacy as a Service” for decentralized applications, assets, and blockchains. As the Mainnet launch is completed, Namada is conducting a free market token distribution to provide liquidity for its native Token NAM. With exchanges starting to list this Token, trading is expected to begin this week. The network is preparing for multiple integrations to expand its cross-chain coverage. Currently, plans are in place to support Bitcoin through Lombard and Babylon, as well as supporting Ethereum and Solana via cross-chain bridges, conducting privacy Swaps on Osmosis, and being compatible with stablecoin DeFi Tokens.