#  Namada

**Published by:** [Untitled](https://paragraph.com/@0x2bc11da53f47fdb9541b27668b0c8d1e6b04cdc5/)
**Published on:** 2022-12-20
**URL:** https://paragraph.com/@0x2bc11da53f47fdb9541b27668b0c8d1e6b04cdc5/namada

## Content

1.What is Namada? This project is a proof-of-stake L1 for interchain asset-agnostic privacy. Namada interoperates with fast-finality chains via IBC and with Ethereum via a trustless two-way bridge. 2. Confidentiality. or privacy, Namada deploys an upgraded version of the multi-asset shielded pool (MASP), circuit that allows all assets (fungible and non-fungible) to share a common shielded set. 3. Economics. Namada users pay transaction fees in NAM and other tokens , so demand for NAM can be expected to track demand for block space. On the supply side, the protocol mints NAM at a fixed maximum per-annum rate based on a fraction of the current supply. 4. Low transaction latency and near-zero fees: via fast-proof generation and modern BFT consensus, Namada supports Visa-like speed with finality. Just like Anoma, Namada scales via fractal instances. 5. For more information: Web: https://blog.namada.net/ Twitter: https://twitter.com/namadanetwork Reddit: https://www.reddit.com/r/Namada

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