Thread by @Axel_bitblaze69

Privacy in crypto is finally getting real support. Tornado’s ban got reversed, EU said ZK is okay

And now there's a new chain that actually rewards you for staying private..👀

This might be the start of a new meta. Here’s why.. A thread:🧵👇

2/

Data Protection is no longer illegal

In just the last few months:

▸ Tornado Cash's OFAC ban was overturned in U.S. courts
▸ EU approved ZKPs as compliant under new digital ID and finance laws

This isn't a future bet. It's an inflection point.

3/

A new meta might follow next ?

When ETH staking got institutional → LST meta exploded
When RWA got frameworks → real-world asset meta took off

Now privacy is crossing the same regulatory threshold.

4/

But privacy never had PMF - because it never paid.

Tornado, Zcash, Monero are all great tech.
But no reason to stay private.
No yield and no flywheel.

Use → exit → done.

Until one protocol decided to change it

5/

Enter @namada - the first L1 flipping this model completely.

Namada introduces actual PMF to data protection by bringing native incentives through:

▸ MASP (Multi-Asset Shielded Pool)
▸ SSR (Shielded Set Rewards)

Let's break down why this design just makes sense:

6/

Instead of using fragmented shielded pools, Namada created MASP - one unified pool for all assets.

Whether it’s ETH, USDC, ATOM - everything goes into the same set.

This strengthens two things at once:
▸ Liquidity
▸ Anonymity

The more assets in, the harder it is to trace anything out.

7/

Now it flips the game theory with Shielded Set Rewards

SSR is Namada’s built-in incentive model that pays you $NAM for shielding assets and holding it

Every time you shield, you’re strengthening the entire anonymity set.

It literally pays you to make the system more private.

8/

One of the most scalable flywheels:

▸ SSR rewards early users → more assets get shielded
▸ Pool grows → anonymity deepens
▸ Value > cost → organic growth kicks in

Over time the less subsidy needed and system becomes self-sustaining

Privacy becomes profitable and permanent.

9/

Here's how anyone can shield and earn:

▸ Go to
▸ Connect your Namada wallet
▸ Select $NAM or any asset and shield

That simple. You can transfer anonymously or just hold it or stake it to keep earning yield.namadillo.app/shield

10/

Looking at the metrics :

▸ Total Shielded Value: $1.65M
▸ 30d TVL Growth: +320%
▸ IBC Assets Supported: 10
▸ Unique Addresses: 80,864

With current Staking APY around 15.10%

11/

Token: $NAM

They went for a fair launch with full supply out from Day 1 so no future dilution.

▸ Market Cap/FDV: $28M
▸ Supply Staked: 33.15%

Pretty undervalued for an L1 with all supply circulating and users already staking imo

12/

Comparing to existing privacy infrastructure:

You’ve got Tornado Cash, Zcash, and Monero as legacy players. But Namada stands in a league of its own with :

▸ Only one supporting multi-chain assets
▸ Only one with an incentivization model
▸ Only one with better supply dynamics

13/

The future thesis:

All existing privacy solutions are chain-specific.

Namada is the first that works across ecosystems AND has economic incentives.

If privacy goes mainstream, this becomes the plug-and-play layer that ships by default in every ecosystem.

That’s a wrap!

Got any questions about this thread? Drop them in the comments, and I’ll be happy to help.

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Thanks for reading! 😉t.me/Alpha_Updates

I hope this thread brought you some value!

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