Introduction

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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.

Nirvana is able to guarantee a minimum price for all ANA tokens by owning the liquidity as a protocol. All ANA originates from the Nirvana market.

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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

Nirvana’s platform for ANA is infinitely scalable, since the protocol increases the liquidity for ANA as the price appreciates. The more valuable ANA becomes, the more liquid it becomes by necessity.

Long term holding is incentivized through continuous revenue sharing of each distinct platform fee.

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Explore Nirvana’s core components:

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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.

The Market-Driven Mint (MDM) is designed to be asset-agnostic, enabling Nirvana to support a diverse array of cryptocurrencies and digital assets. Initially, Nirvana will launch with stablecoins such as USDC, ensuring a stable foundation for the platform. Shortly thereafter, the SMM will expand to include speculative assets like SOL and BTC, catering to a broader range of investors. Additionally, the SMM platform serves as a powerful, permissionless tool for launching new tokens, allowing them to leverage a rising floor price and benefit from protocol-owned liquidity. We believe that this will become the standard way to bring new digital assets to market.

Nirvana’s token ANA is designed to be a reliable & durable store of wealth, supported by a permanently rising floor price that ensures its value over time. This feature provides holders with confidence in the token’s long-term worth. Additionally, the floor price of ANA makes it into a uniquely risk-free collateral within the ecosystem, enabling users to access lending services through Nirvana’s native platform. By offering a secure and predictable asset for collateral, Nirvana allows users to leverage their holdings without the typical risks associated with market fluctuations. This approach enhances the token’s practicality and supports Nirvana’s goal of building a transparent and sustainable financial system.