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:🧵👇
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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.
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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.
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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:
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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.
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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.
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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.
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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.
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%
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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
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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.
Stay updated by joining my Telegram:
And if you found this useful, I’d really appreciate a follow: @Axel_bitblaze69
Thanks for reading! 😉
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