With the PGF stewards and on-chain PGF features, Namada is a large-scale experiment on on-chain mechanisms that can sustainably fund public goods, especially those that are often under-produced or underfunded. What’s more, the Namada protocol itself is a public good that is built on top of many other public goods. Namada wouldn’t exist without the research and development of cryptographic primitives including zero-knowledge proofs, tooling, learning resources, and other contributions from the communities across the Zcash, Rust, ZKP, interchain, and public goods funding ecosystems.
To acknowledge and thank all these communities for building and funding public goods, we invite 7,094 researchers and developers, 191,715 on-chain accounts, BadKids, and the 2510 contributors in the Namada Trusted Setup to participate in the Namada RPGF Drop – and join the Namada community as network stakeholders from inception.
The Namada RPGF Drop is live from today and will close on the 28th of December 2023, at 9:00am UTC, eligible participants can submit their Namada genesis accounts through rpgfdrop.namada.net. The submitted accounts will be included in the Namada genesis block proposal made by the Anoma Foundation with the corresponding claimed NAM tokens. As soon as Namada mainnet goes live, RPGF Drop participants will have access to their submitted accounts directly on chain.
Remember
The only way to participate in the Namada RPGF drop is via rpgfdrop.namada.net
rpgfdrop.namada.net will never ask you to submit any seed phrase, private key or to transfer any tokens from any wallet
Members of the Anoma Foundation, Heliax, or Namada community will never ask you to submit any seed phrase, private key, nor to transfer any tokens from any wallet
What can you do with NAM?
Eligible participants in the Namada RPGF drop who complete the claim process will receive NAM allocations in the genesis block proposal made by the Anoma Foundation. NAM is the Namada network’s native currency which is used in securing, governing the protocol, using shielding, and funding public goods.
Securing the Network
Namada deploys cubic proof-of-stake (CPoS), and the NAM token can be staked to secure the Namada network. NAM can be staked by individuals or organizations who want to operate validators. Users who don't want to operate validators can delegate their stake and contribute to the security of the network. The security of the network derives from the staked tokens which can be slashed if a validator deviates from the protocol. Plus, due to the design of CPoS, the more validators deviate from the protocol at the same time, the larger the stake slashed. Validators and delegators are rewarded through staking rewards proportional to the amount they have staked.
Governing the Network
The Namada protocol has an on-chain governance mechanism through which the community can propose, vote on, and apply protocol changes. The NAM token can be used by any community member as a deposit when submitting governance proposals. Governance proposals are voted on by network stakeholders, whose voting power is proportional to their staked NAM. By default, validators vote on behalf of their delegators, but delegators can directly overwrite their validators’ vote.
PGF Stewards & Funding Public Goods
Namada has an on-chain mechanism for Public Goods Funding (PGF), which enables the PGF stewards to spend from the PGF treasury to fund Public Goods. Stewards are elected through on-chain governance proposals, in other words, they’re democratically elected by the network stakeholders. The NAM token can be used by steward candidates to submit a Steward Proposal. Through governance, the NAM token is used to elect PGF stewards or voting out an existing steward. Once elected, PGF stewards can propose funding including RPGF and CPGF proposals – which get voted on by the PGF stewards. Lastly, non-PGF stewards (any NAM holder) can also submit funding proposals which are voted on by the PGF stewards.
Paying for Fees for Transactions and Shielded Actions
NAM can be used to pay for fees for transactions involving any asset on Namada (besides NAM). This includes the fees for transactions from transparent to transparent accounts, transparent to shielded (shielding), shielded to shielded, and shielded to transparent accounts (unshielding). What’s more, NAM can also be used to pay for the instructions specified in shielded actions, including paying for fees directly from the shielded set (shielded fee payment) for actions on Namada, appchains through IBC, or dApps through the Ethereum bridge.
Overview of Categories
The Namada RPGF Drop distributes 65M NAM (6.5% of total supply) across these categories:
Category
Eligibility criteria
Account
Total NAM allocation
Zcash R&D & Rust Developer Ecosystem
Public contributors to the Zcash protocol, cryptographic public goods
Public contributors to Zcash research and ZIPs
Public contributors to Zcash wallet infrastructure, learning and community resources
Public contributors to Namada’s Rust dependencies
GitHub
11,500,000
ZKPs, Cryptography PGs, Data Protection Research, & Learning Resources
Public contributors to ZK protocols, proving systems, cryptography
Public contributors to decentralized data protection protocols
Public contributors to ZK learning resources and data protection in Web3 research
Users of ethresear.ch and contributors to the categories zk-s[nt]arks, Cryptography, and Data Protection
Public contributors to consensus, interoperability, bridge designs, and proof-of-stake research and development
Public contributors to interchain applications and appchains
Public contributors to interchain and interoperability protocol design, infrastructure, and tooling
Public contributors to research and development of decentralized public goods funding mechanisms
GitHub
8,500,000
Shielded Community
Stakers of Cosmos
Stakers of Osmosis
BadKids
Cosmos/Osmosis/Stargaze Account
20,000,000
Gitcoin Donors of ZK Tech and Crypto Advocacy
Voters/donors of ZK Tech and Crypto Advocacy projects on Gitcoin’s GR rounds
Ethereum Account
17,000,000
Namada Trusted Setup Participants
Participants in the Namada Trusted Setup Ceremony (Nov-Dec 2022)
Namada Trusted Setup Public Key
500,000
Zcash R&D & Rust Developer Ecosystem
The reference implementation of the Namada protocol is in Rust and the protocol relies on many open-source public goods which wouldn’t exist without the contributions of thousands of Rustaceans.
Namada’s unified shielded set and shielded set rewards features require the Multi-asset Shielded Pool (MASP) circuit, a crucial component of the Namada protocol which was a result of two upgrades to Zcash’s Sapling circuit: one to enable multiple assets to share one shielded set, and the second one to enable the convert circuit (used for shielded set rewards). Plus, early design discussions on multi-asset support appeared first as Zcash Improvement Proposals (ZIPs); the cryptographic specification of the MASP is based on the original Zcash specification. Needless to say, both the Namada protocol and the broader ZK ecosystem would not be where they are today without the contributions from researchers and developers of the Zcash protocol and ecosystem.
We invite all contributors who made at least 2 commits across the repositories listed below to participate in the RPGF Drop, with those who made at least 20 commits across all repositories receiving even more NAM!
The GitHub commits were checked on the 30th of November 2023, at 10:45am UTC
Criteria
NAM allocation
Eligible
Min. NAM
Contributor ≥ 20 total commits
6,750,000
363
18,595.0413
Contributor ≥ 2 total commits
4,750,000
2,151
2,208.2752
ZKPs, Cryptography Public Goods, Data Protection Research, & Learning Resources
Namada’s vision is to bring data protection to public blockchains. This vision cannot be accomplished without all the contributions so far from many other teams who have been building data protection protocols and applications, researching and teaching others about cryptography, and using shielding technology.
Namada’s mission is to maximize the percentage of cryptocurrency tokens that are shieldedand at rest in the multichain – which is a daunting task without the collaboration between Namada and other ecosystems. With this in mind, we invite all builders of protocols that deploy and further ZKPs to bring data protection on-chain and to the rest of the stack. What’s more, the growth of the ZKP ecosystem and awareness of data protection in decentralized systems would not be possible without the contributions of individuals and teams that researched and built ZKP learning resources.
We invite all researchers who made at least 1 post on ethresear.ch, allocating more NAM to those who made at least one post in the categories of zk-s[nt]arks, Cryptography, or Data Protection. Developers who made at least 2 commits across the repositories listed below, with those who made at least 15 commits across all repositories receiving even more NAM!
The GitHub commits and ethresear.ch posts were checked on the 30th of November 2023, at 10:45am UTC
Criteria
NAM allocation
Eligible
Min. NAM
Ethresear.ch user ≥ 1 post categories in zk-s[nt]arks, Cryptography, and Data Protection
175,000
155
1,129.0323
Ethresear.ch user ≥ 1 post on other categories
325,000
1,646
197.4484
GitHub Contributor ≥ 15 total commits
6,000,000
350
17,142.8571
GitHub Contributor ≥ 2 total commits
1,000,000
465
2,150.5376
Interchain Public Goods, Shielded Ecosystem, & Public Goods Funding Mechanism R&D
Namada’s protocol relies on public goods built by the interchain ecosystem, including CometBFT and the IBC protocol. The design of Namada’s governance, cubic proof-of-stake, and native Ethereum Bridge take inspiration from previous work in the design of proof-of-stake and bridges. Interchain public goods have been first deployed and battle-tested in production by a diversity of application chains (DEXes, DeFi, NFT marketplaces, data protection, etc) which are prime candidates for joining the shielded ecosystem by interoperating with Namada and enabling shielded actions for their users.
This category also includes teams that have contributed to researching, building, and experimenting with alternative public goods funding mechanisms, such as quadratic funding and voting and RPGF programs. Although this group is very small, we hope to see more joining these teams and Namada to advance the PGF ecosystem!
In this category, developers who made at least 2 commits across the repositories listed below, with those who made at least 10 commits across all repositories receiving even more NAM!
The GitHub commits were checked on the 30th of November 2023, at 10:45am UTC
Criteria
NAM allocation
Eligible
Min. NAM
Contributor ≥ 10 total commits
7,000,000
779
8,985.8793
Contributor ≥ 2 total commits
1,500,000
1,192
1,258.3893
Shielded Community
Namada doesn’t require users to hold NAM to get data protection. Instead, its purpose is to retrofit data protection to existing fungible and non-fungible tokens that were created on chains that do not support data protection natively – this way, mitigating the current fragmentation of shielded sets.
We invite the stakers of ATOM, OSMO and the baddest kids in the interchain to be part of Namada’s shielded community from genesis and look forward to their contributions to data protection as a public good with interchain tokens and using shielded actions through IBC!
The category includes owners of at least one BadKid NFT on Stargaze, the data was checked on the 13th of November 2023 at 16:00 UTC
This includes stakers on the Cosmos Hub and Osmosis who staked at least USD 100, ranked by staked amount multiplied by their activity score (method used Celestia’s genesis drop)
The snapshotted blocks were the last block before the 1st of November 2023, specifically block 17660694 on the Cosmos Hub and block 12146298 on Osmosis
Criteria
NAM allocation
Eligible
Min. NAM
Top 10% by (stake x activity score)
12,000,000
16,053
747.5238
Rank 50-90% by (stake x activity score)
5,000,000
64,118
77.9812
Rank 0-50% by (stake x activity score)
2,000,000
80,170
24.9470
Owns ≥ 1 BadKid NFT
1,000,000
3,332
300.1200
Gitcoin Donors of ZK Tech and Crypto Advocacy
PGF is a key feature of Namada, a decentralized mechanism through which PGF stewards can be democratically elected by NAM holders and can directly fund public goods that are otherwise unrecognized or underfunded. The impact of Namada’s PGF mechanism depends on candidate stewards and also on the funding proposals. Gitcoin Grants rounds have not only demonstrated the power of alternative PGF mechanisms such as quadratic funding, but also have drawn a growing number of participants who donated to many projects – who are not recognized enough. That’s why we invite Gitcoin donors who donated to ZK Tech and Advocacy projects and hope to see them experimenting with Namada’s PGF feature by proposing themselves as PGF stewards and/or making funding proposals.
This category includes:
Gitcoin donors that donated to ZK Tech projects in GG rounds 12, 13, 14, 15, and 17
Gitcoin donors that donated to Advocacy in GG rounds 12, 14, 15, and 17
Ranked by the total USD donated across all rounds
Excludes sybil accounts as identified by the Gitcoin team
Criteria
NAM allocation
Eligible
Min. NAM
Top 10% donors
9,000,000
2,805
3,208.5561
50-90% donors
7,000,000
11,216
624.1084
0-50% donors
1,000,000
14,021
71.3216
Namada Trusted Setup Participants
Lastly, Namada’s MASP requires two sets of parameters: the second ones are the ones generated in Namada’s Trusted Setup ceremony, which were generated with the participation of 2510 contributors. These parameters are part of the Namada protocol and will be used on mainnet. Thanks again to everyone who contributed to the security of the protocol at such an early stage!
The only way to participate in the Namada RPGF drop is via rpgfdrop.namada.net
rpgfdrop.namada.net will never ask you to submit any seed phrase, private key or to transfer any tokens from any wallet
Members of the Anoma Foundation, Heliax, or Namada community will never ask you to submit any seed phrase, private key, nor to transfer any tokens from any wallet