
Overview
Nirvana is a decentralized platform for ANA - a durable store of wealth with a reserve-backed rising floor price. When ANA appreciates, the floor price automatically rises, locking in gains for holders in perpetuity. The more valuable ANA becomes, the greater its guaranteed value. The floor never goes down. Its price is essentially permanently locked liquidity for ANA. The result is a token which has asymmetric risk/reward: the upside is unlimited, while the downside is capped by the floor.
The floor price of ANA is guaranteed by Nirvana's protocol-owned liquidity
Additional features
In addition to the store-of-wealth ANA, Nirvana natively includes:- Continuous and transparent revenue sharing of all platform fees
- Risk-free leverage with a native stablecoin
- Real yield via continuous emissions of call option rewards
- Fully decentralized governance
Explore Nirvana’s core components:
ANA
Durable store of value with a rising floor
NIRV
Risk-free leverage with synthetic stablecoin
prANA
Governance, revenue sharing, and yield
Market
The Nirvana market module
Vision
Nirvana’s market-driven mint with its protocol-owned liquidity was conceived as a direct response to the pervasive systemic issues plaguing the business-as-usual in DeFi. Legacy protocols often grapple with challenges such as insider allocations, opaque market-making practices, and inadequate liquidity solutions. Recognizing these obstacles, Nirvana set out to design a fairer, more transparent market mechanism that empowers all participants equally. Nirvana’s ANA addresses these concerns by ensuring protocol-owned liquidity, eliminating insider advantages, and providing a predictable pricing algorithm that includes an irreversible rising floor. Once the floor reaches a new height, it never recedes, locking in profit in perpetuity for token holders.
Market-owned liquidity