> ## Documentation Index
> Fetch the complete documentation index at: https://docs.nirvana.finance/llms.txt
> Use this file to discover all available pages before exploring further.

# The Design

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Nirvana is built for permanent value storage.

Its architecture preserves value with mathematical certainty, no matter the amount of market stress. Each component is engineered with purpose, create a robust anti-fragile system with incentives aligned around one principle:

Value should be enforced by math and code, not belief.

### **Programmatic Liquidity**

Liquidity in Nirvana is not outsourced. It is protocol-owned and always available.

Every token created through Nirvana’s [AVM](s3-nirvana/p3-the-assured-value-machine) is backed by reserves, held inside an immutable market that manages supply, redemption, and floor price.

### **An Impenetrable Floor**

The floor price never falls.

Protocol fees are used to raise the minimum redeemable price, permanently. The floor is enforced on-chain through an immutable bid capable of buying back every token in supply.

When the floor rises, that new minimum price is locked in forever.

<Columns cols={2}>
  <Card title="How the floor works" href="/s3-nirvana/p3-the-floor" />
</Columns>

### **No Insider Allocations**

Every token is created the same way: reserves are deposited, and a new asset is minted.

No team allocations, airdops, or presales. It's a truly fair system where everyone plays by the same rules.

### **Transparent Governance**

Nirvana evolves through on-chain votes via [prANA](s5-revenue-sharing/p1-prana).

All changes to fees, thresholds, or parameters follow public proposals, with time delays and strict constraints. This ensures governance cannot compromise the core design.

<Columns cols={2}>
  <Card title="How governance works" href="/s6-governance/p2-process" />
</Columns>

### **Sustainability by Design**

Nirvana is an economic system engineered to always be verifiably solvent and liquid. That means the floor doesn't budge, even if every single token is redeemed at once. And so Nirvana assets have structural price asymmetry: mathematically limited downside risk, and unlimited upside potential.

No matter how bad sentiment gets, downside is protected, and the system remains fully solvent, functional, and capable of growing again.