Namada releases a governance-based mainnet roadmap and plans to launch the mainnet in five stages
According to news on April 3, multi-chain data protection Layer 1 Namada released its proposed mainnet launch roadmap, which disclosed that the mainnet will be launched in five stages. This process will be decentralized by the Namada community through Namada’s on-chain governance system. Driven by a standardized approach: 1. The first phase “Block Party” will introduce on-chain governance and enable proof of equity; 2. The second phase “Pledge Party” will introduce pledge rewards for principals and verifiers; 3. The third phase During the "Shielding Party", the transfer and shielding of governance-supported IBC assets will be enabled; 4. The fourth phase of the "Shielding Reward Party" will introduce shielding rewards for governance assets; 5. The fifth phase of the "NAM Party" will enable NAM transfers. Namada is currently in a public testnet phase, during which validators are stress-testing the network, and once completed, the genesis block proposal will be released and discussed by the community before entering the launch process.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Polymarket Launches 20x Perpetual Futures Across 10 Markets
Monte Paschi says ECB clears merger plan with Mediobanca
Gossamer Bio announces special shareholder meeting via webcast
BioForce Nanosciences director Scott Mager files initial beneficial ownership statement