Namada is proud to contribute to this burgeoning ecosystem, and we'd like to give spiritual and material thanks to the Osmosis community and lay the groundwork for future collaborations.
Osmosis did the "go-to-market" for IBC. In early 2021, when IBC launched, it was a technical novelty without a compelling use-case. The interchain needed an application which treated IBC as a first-class feature, packaged it into the product, and could demonstrate the viability of the Cosmos model. That application was Osmosis - without their work, the interchain ecosystem wouldn't be what it is today.
Namada is proud to contribute to this burgeoning ecosystem, and we'd like to give spiritual and material thanks to the Osmosis community and lay the groundwork for future collaborations. Today, I'm excited to present a proposal and request-for-comment (RFC) for a partnership between the Namada and Osmosis assets, chains, and communities.
As proposed, the partnership consists of three parts:
#1: an airdrop of NAM to OSMO holders, stakers, and LPers who have supported the chain;
#2: an allocation of continuous public goods funding to a grants pool managed by the Osmosis Grants Program, to fund projects of joint benefit to the Osmosis and Namada ecosystems;
#3: the implementation of shielded actions, a feature which will allow OSMO holders and Osmosis users to seamlessly benefit from both the privacy features of Namada and the trading capabilities of Osmosis.