Glossary
Namada
A privacy-focused Cosmos chain offering shielded asset transfers for any IBC-connected token, plus a shielded set rewards program that incentivizes its use.
Namada is a proof-of-stake Cosmos chain dedicated to multi-asset privacy. Any token that arrives via IBC can be shielded into Namada's pool and transferred privately; users can withdraw the same amount to a new address with no on-chain link to the deposit.
The protocol pays "shielded set rewards" to assets sitting in the pool, deliberately incentivizing the privacy set to grow. Anomas's NAM token is used for governance and gas.