Exploring Namada: A deep dive into Anoma's first fractal instance. ➝ Traded $3M+ volume in the past 24h ➝ Acquired over $15M in Total Value Locked I personally still find @anoma's technicalities fascinating and I'll try to explain in simple terms. Explaination routes are as follows; → Namada and why it matters → Validating and Delegating → The cubic Proof-of-Stake System → Unbonding and Risks. Let's unwind..... ➾ What is @namada ? It is a Layer 1 proof-of-stake blockchain, designed as the first fractal instance of the Anoma protocol. Also a subset of Anoma's components that enables privacy protected transfers for any kind of asset (fungible and non-fungible) independent of the platform they were created on, such as Ethereum or IBC-compatible chains. ➾ Why it matters: Namada is Anoma’s first live network and is powered by people who stake their tokens to keep everything secure. You can help and earn NAM tokens as a reward even if you're not a tech pro. ➾ Validating and Delegating Validating : You run the actual server (node) that helps process blocks. Delegating: these are Namada token holders who bond their tokens and delegate their voting power to the delegates (another address) ➾ Cubic Proof-of-Stake System: Here, Namada’s fancy math (Cubic PoS) punishes bad validators. Once a validator misbehaves, they and their delegators can lose a portion of their staked NAM. So, it's mportant to diversify your stake across several validators to minimize the risk of slashing. Read further: ➾ How to Stake (the easy route) 1. Get some NAM tokens. 2. Install Namada’s wallet (Keychain extension). 3. Open Namadillo (the staking dashboard). 4. Choose a validator (or yourself!) 5. Stake your tokens. Full guide here: Or ➾ Unbonding and Risks. Unbonding happens when you want your tokens back but demands a waiting period of 14 days before claiming. The risky part is (If) your validator messes up due to a downtime or double-signing, part of your staked tokens can be taken away (slashed), especially under Cubic PoS. Bonus: Namada gives extra rewards to people who use its shielded pool. All these are a bit technical but for the love Anoma and the support of its privacy-powered mechanism, Stake your tokens in Namada. It’s safe, rewarding, and you don’t even need to manage server hardware if you delegate. Anoma top chads to keep eyes on. @DeRonin_ @PrudentSammy @10000BRC @bullish_bunt @0xfs7 @thespacecatjr @qmmmike @Supers6061 @skylineETH @splinter0n Gnoma chads