Namada, has initiated its RPGF Drop, targeting the shielded community and other key contributors across blockchain ecosystems. This move aligns with Namada’s mission to fund public goods sustainably, focusing on areas that typically receive less attention or funding.
RPGF Drop to the Shielded Community – ATOM and OSMO stakers: Key Details
Namada’s RPGF Drop empowes its shielded community, acknowledging their role in advancing blockchain privacy. Specifics of the drop include:
- Inclusion of $ATOM and $OSMO stakers of $100 or more, and BadKids NFT owners on Stargaze.
- $ATOM and $OSMO Snapshots: last block before the 1st of November 2023
- BadKid NFT Snapshot: 13th of November 2023
- Allocation determined by a combination of staked amount and activity score, similar to Celestia $TIA airdrpop
Timing
- The Namada RPGF Drop is live from 7th of December 2023 and will close on the 28th of December 2023, at 9:00am UTC
Official site
- The only way to participate in the Namada RPGF drop is via rpgfdrop.namada.net – do not interact with any other sites and this site will never ask you to submit any seed phrase, private key or to transfer any tokens from any wallet.
How to claim $NAM Airdrop
- Get Namada Wallet Extension https://namada.net/extension
- Go to RPGF Drop site: https://rpgfdrop.namada.net
- Connect corresponding eligible wallet for $ATOM $OSMO $STARS
- Connect $NAM Extension you installed earlier
- If eligible, claim $NAM
- Repeat for additional wallets and chains
- Checkout the following easy to follow step-by-step video from Stakecito:
65M $NAM Distributed
RPGF Drop distributes 65M $NAM (6.5% of total supply) across these categories
- 7,094 researchers and developers
- 191,715 on-chain accounts
- BadKids NFT holders
- 2510 contributors contributors in the Namada Trusted Setup
Broader Community Engagement in RPGF Drop
The RPGF Drop extends beyond the shielded community, encompassing a variety of groups instrumental in blockchain development. These categories are:
- Zcash R&D & Rust Developer Ecosystem
- ZKPs, Cryptography Public Goods, Privacy Research, & Learning Resources
- Interchain Public Goods, Shielded Ecosystem, & PGF Mechanism R&D
- Gitcoin Donors of ZK Tech and Crypto Advocacy
- Participants in the Namada Trusted Setup
Utilizing NAM Tokens
NAM, as Namada’s native currency, serves multiple purposes within the network:
- Securing the Network: NAM tokens can be staked by individuals or organizations to operate validators, contributing to network security.
- Governance: NAM tokens allow community members to propose, vote on, and implement changes in the Namada protocol.
- Funding Public Goods: NAM enables the election of PGF stewards who can fund public goods through governance proposals.
- Transaction Fees: NAM is used to pay fees for a variety of transactions and shielded actions within the Namada ecosystem.
Namada’s Vision Behind the RPGF Drop
Namada’s RPGF Drop reflects its commitment to:
- Recognizing and rewarding contributions to blockchain development and public goods.
- Promoting sustainable funding for often overlooked sectors in blockchain research and development.
- Facilitating community participation and stakeholder engagement from the outset.
Conclusion
The Namada RPGF Drop is rewarding a diverse range of contributors and offering versatile uses for the NAM token.
For more: The Namada RPGF Drop is Live
