Namada will allocate a token reward of 3% of the total supply to incentivize testnet users

2023-12-15 22:11:01

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ChainCatcher news, according to The Block, the IBC-based PoS Layer1 privacy blockchain Namada has launched an incentivized testnet, offering a total supply of 3% token rewards to testnet users. The testnet event is called Namada Shielded Expedition, which is a multiplayer role-playing game that starts before the mainnet launch in early 2024. Users participating in the testnet can test the network consensus (CometBFT) algorithm and its resistance to Sybil attacks. Participants will take part in the asteroid mining competition, where they will be ranked based on the number of ROID (points) they accumulate, with 30 million NAM tokens to be distributed. The Namada testnet started running on January 15 and will continue until the end of the month.

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