Grant Application - ZEC-NAM shielded airdrop protocol

Community Grants Applications
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Hello Zcash community,

We’re excited to share that our team at Eiger (part of Equilibrium Group) has submitted a proposal to the Zcash Community Grants program for the ZEC-NAM shielded airdrop protocol.

The aim is simple: enable Zcash holders to claim Namada tokens without giving up their privacy.

We understand this is something the community has been waiting for since the Namada team first discussed a shielded airdrop back in late 2023. It’s an idea that connects two ecosystems built on shared values — and we’re excited at the prospect of bringing it to life.

Best wishes
Olli Tiainen,
Eiger/Equilibrium

P.S. We’ve had the pleasure of contributing to Zcash since 2021 through Ziggurat network testing and the Network Sustainability Mechanism (NSM). We look forward to continuing to support Zcash through this grant.

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related thread:

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I would echo what Shawn posted, already an open grant. Would love to see this happen!! Thank you.

Pinging @cwgoes :eyes: :shield:

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Hi hi! Amazing to see interest here! I suspect that you’re already aware, but just as a reminder, I have an open $20k microgrant commitment (for which there have been no serious takers yet). This is quite a bit less than what you’re asking for from ZCG, but I’d be glad to contribute my funds in a collaborative way – I’ll defer to ZCG as I’m not familiar with their processes, but happy to take part however makes sense.

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Would be cool to see this progressing from both sides!

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What would be the $ amount distributed by the airdrop? To know how it compares to the value of the grant.

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I assume the grant covers the science and the tooling on how to let others execute similar airdrops from the shielded pool? If that’s the case (if it isn’t, OP why not?) then the value of having this infrastructure is detached with this specific $ value?

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Shielded pools can have different technologies. AFAIK, this is specific to the Sapling protocol variant of Namada.

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Part of it would be, but (at least in the protocol we specified, detailed in the other topic) part of it would not be, we wanted to make the protocol design conducive to future shielded airdrops by other projects. I’m not sure what exactly @olliten’s plans might be there, that’s a question for them.

As far as Namada is concerned, it’s difficult to promise an exact $ value as the market fluctuates quite a bit at the moment. Realistically, Cosmos ecosystem cryptocurrencies are not popular at the moment – at Namada’s current FDV of ~$10m, it’s unlikely that the airdrop amount would be material especially considering Zcash’s recent price movements.

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Conceptually, yes but the implementation is very much zkp specific. If you were to use it for Orchard, there would be little common code.

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Disclosure: I used to be the VP of Engineering at Equilibrium Labs and I led the teams that worked on both the aforementioned Ziggurat and NSM.

Given my experience with EQ and Eiger, I have no doubt that they would be able to deliver on this work. :+1:

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could we get a amount of max NAM tokens that are available for this airdrop to Zcashers? i havent been able to find the number. it’s not crucial but would be nice to still know.

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this would be great to know, pretty sure you have figured out a number and the date of the snapshot? @cwgoes