Welcome to this tutorial on shielding stTokens with Namada! Shielding is the process of moving tokens into Namada’s privacy set, allowing you to take advantage of Namada’s privacy features while still retaining the token’s underlying value.
- To begin, download the Namada Keychain wallet. Namada’s official instructions can be found here: https://docs.namada.net/users/wallet/web-wallet
- After you’ve created a Namada wlalet, visit a Namada, which can be found here: https://interface.namada.tududes.com/
- Click the Connect Keychain button in the top-right corner and approve the connection to your Namada wallet.
- Click the IBC Transfer button on the left side.
- Click the Connect Wallet button in the middle of the screen to connect your Keplr wallet. Approve the transaction if necessary.
- Change the source chain to Stride.
- Choose the token you want to shield by clicking the Asset dropdown.
- Enter the amount of tokens you want to shield.
- Click the Submit button and approve the transaction in your wallet.
Congratulations! You’ve successfully shielded your stTokens on Namada. Once shielding rewards go live in Namada’s Phase 4 launch, your shielded tokens will automatically start earning rewards. You can check them by clicking MASP on the left-hand side.