According to ChainCatcher news and reports from The Block, the privacy public chain Namada based on Cosmos has announced that it has completed the final preparations for its Mainnet deployment, introducing a composable privacy layer for decentralized applications. The trading of its native Token NAM is scheduled to begin this week, in sync with the Mainnet launch.

BlockBeats News: On June 17, Namada, a public privacy chain based on Cosmos, announced that it has completed the final preparations for its mainnet deployment, introducing a composable privacy layer for decentralized applications, and its native token NAM trading is scheduled to begin this week, in parallel with the mainnet launch.

PANews reported on June 17 that, according to the official announcement, Gate will launch Namada (NAM) spot trading at 18:00 on June 19 (UTC+8). At the same time, Gate Launchpool will open two mining activities from 21:00 on June 17 to 21:00 on July 9 (UTC+8), and users can stake GT, USDT, NAM to claim a total of 1,428,572 NAM airdrops.

Gate News bot news, according to the platform announcement on June 17, 2025: Gate will launch the Namada( spot trading on June 19, 2025, at 18:00 (UTC+8), opening the NAM/USDT trading pair. At the same time, the platform will hold a Launchpool event lasting over 20 days, where users can participate by staking GT, USDT, and NAM to share a total reward of 1,428,572 NAM tokens. The event will be conducted in two phases: the first phase is from June 17, 2025, 21:00 to June 19, 21:00, with a prize pool of 230,000 NAM; the second phase is from June 19, 21:00 to July 9, 21:00, with a prize pool of 1,198,572 NAM. The system will distribute rewards hourly based on the proportion of users' staked assets. Namada is a Layer-1 blockchain project based on Proof of Stake (PoS), dedicated to building a multi-chain composable privacy layer. The project is developed in Rust and implements cross-chain communication through the CometBFT consensus mechanism and IBC, aiming to provide data protection services for existing chains, DApps, tokens, and NFTs. The total supply of the project token NAM is 1 billion.