On December 16th, the privacy-focused Layer1 blockchain Namada has launched the second phase of the mainnet. The governance proposal to launch the second phase was approved with 98.45% of the votes. At present, the pledge reward and PGF have been launched. Previously, Namada launched its mainnet in early December, and the mainnet will be launched in five phases, each of which will be driven by community decisions through on-chain governance.