TLDR: The Nata DAO is being formed with an Initial Distribution to ~331,000 privacy protocol enthusiasts.

DAO participants are entrusted to make onchain decisions regarding the Nata protocol.

Check your eligibility & claim your eNATA token allocation (external link)

💻 Motivation for Nata Network

Build a robust, unstoppable, community ran privacy network to help facilitate new use cases and applications that are currently impossible on transparent blockchains.

Nata Network benefits Polygon users, and the entire ecosystem, by allowing users to cheaply access private transactions using Aztec’s Zero-Knowledge technology.

The current design vision:

• The protocol is built as a public good.

• Nata Network aims to be as immutable as possible, so it can become a reliable privacy solution that others can build upon.

• Decentralize the block production to a wide group of network participants.

🧑‍💻 Nata DAO

In order to curate the Nata Network, the Nata DAO has been established to empower the community in shaping the operational framework for the network.

The design for the network is still in progress, and the DAO will help shape it, ensuring that decisions are considered by a diverse and representative group of privacy enthusiasts.

Through this process, decision-making is decentralized from the beginning.

⚙️ Token Holder’s Responsibility

• Deploying the Nata Network Smart Contract upgrades

• Curating the Nata Network by adjusting network parameters and emissions

• Evangelizing the Nata Network

🌍 Distribution

There is a fixed total supply of 10,000,000,000 eNATA tokens. The ultimate goal is to distribute the entirety of the supply to community members, with a target of delivering:

• Airdrops: 15%

• Loyalty Program: 35%

• DAO Reserves: 50%

🪂 Retroactive Airdrop

Privacy enthusiasts that used any of the privacy protocols below were included in the initial distribution. A multiplier was added to for those who used Aztec, along with one of the following protocols:

• Aztec V1/V2

• zkBOB

• Railgun

• Tornado

🍮 eNATA → NATA

The retroactive airdrop includes airdrop farmers, which are hard to remove with pinpoint accuracy. Requiring Proof of Humanity (i.e. Gitcoin Passport) would be burdensome on regular users trying to claim tokens.

Instead, we are requiring airdrop users to participate in each Loyalty/Earn epoch by making deposits. During the eNATA → NATA conversion event, there will be a user loyalty score applied based on number of epochs participated in. This tactic should deter and slash large airdrop farming organizations and inactive users.

🙅 Non-Transferability

The eNATA tokens, at the time of launch, are non-transferable.

Many token launches experience issues of information asymmetry, which can lead to unfair conditions for potential participants.

To counteract this, eNATA tokens are introduced as non-transferable, eliminating any speculative interest that might negatively impact decentralization and distribution fairness.

The decision regarding future transferability of the token will rest with eNATA token holders, ensuring decisions are made in the best interest of the community.

Ideally, the token will maintain its non-transferable status unless its transferability becomes necessary for operational functionality and the advancement of decentralization. A fee switch could be voted on by the DAO if they deem it necessary.

🤝 Loyalty/Earn Program

Users excluded from the retroactive airdrop can earn eNATA each week. 10,000,000 eNATA are allocated per epoch for users that complete deposits. Epochs are currently 1 week. The 10M eNATA are split 30%/30%/40% between the supported assets. The current allocation is defined as:

• MATIC (3M eNATA)

• DAI (3M eNATA)

• WETH (4M eNATA)

User’s token rewards are calculated by the sum of all deposits across all blocks in the epoch. To maximize a user’s share, the max amount of MATIC, DAI, and WETH should be deposited during each block.

The goal is to maximize decentralization, assigning governance power to active network participants.

**Check your eligibility & claim your eNATA token allocation **(external link)
**Documentation **(external link)