Builders of the privacy-focused blockchain Namada seek to forge closer ties with the Osmosis protocol by jointly funding software “public goods” and airdropping its planned NAM token to OSMO investors.
Namada co-founder Christopher Goes told CoinDesk the planned grants program would support a range of privacy-centric research and development projects that benefit Cosmos-based Osmosis and Namada, which hasn’t launched yet. Namada would bankroll the effort but Goes said he’s “hopeful” Osmosis will pitch in too.
Namada also seeks to roll out its method for protecting asset privacy on Osmosis. These so-called “shielded actions” would hide assets on Namada when not being used in trades on Osmosis, Goes said.
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