The best privacy is the kind you don’t have to think about

If it isn’t private by default, it isn’t private

The Liquidity tournament rewards active participation LPs earn based the competitiveness of their liquidity Delegators earn when their voted trading pairs win It pays to contribute

On most chains, you need the native token for every action On Penumbra, you can pay gas with USDC, OSMO, ATOM, TIA or UM

what an incredible ride it has been, thanks so much for everything Sam! We wouldn't be here without you Anyone looking for a founding designer - Sam is your person!

The Liquidity Tournament strengthens privacy and improves pricing for users More liquidity = a larger anonymity set and a better user experience for everyone

Want to join the Liquidity Tournament? • Stake your $UM • Vote on which asset pairs should be incentivised for liquidity • If your picks win, your stake earns a share of the rewards As simple as that

Privacy is a right. Not a feature. Not an upgrade. A right.

How to stake $UM on Penumbra: Prax Wallet or bridge UM to your wallet 3.Stake: That’s it. Your delegation is private, your rewards stay yours, and you help secure the network

On Penumbra, every transaction burns $UM, creating deflationary pressure on the token The more the network is used, the more $UM is removed from supply, thus making it increasingly scarce over time