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
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.
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.
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
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.