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AVAs are a new class of digital asset built on verifiable value. The first AVA ever created was ANA, Nirvana’s native token. Like all AVAs, ANA is backed by protocol-owned reserves and minted through the Assured Value Machine (AVM). Its launch introduced a new blueprint for digital assets: one where value is enforced, not implied. In Samsara markets, each AVA is backed by reserves of its base asset. (e.g., avSOL backed by SOL, avBONK backed by BONK, and so on).

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AVAs are launched in individual Samsara markets

Each AVA lives in its own isolated Samsara market, governed by a dedicated AVM.
  • avSOL exists in the SOL market, backed by protocol-owned SOL
  • avBONK exists in the BONK market, backed by protocol-owned BONK
  • avJLP exists in the JLP market, backed by protocol-owned JLP
Each market has its own:
  • Reserve pool (held entirely in the base asset)
  • Rising floor price (specific to that AVA)
  • Borrowing and redemption mechanisms

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Tokens are elevated as AVAs

Whereas a token like SOL can be staked or spent, avSOL unlocks:
  • Liquidation-free credit: borrow SOL against avSOL without risk of liquidation
  • Exit assurance: always redeemable for a minimum amount of SOL that only gets higher as the reserves grow
The same holds true for any token. avBONK is BONK with a floor. avJLP is JLP with more built-in utility. AVAs give any token a foundation, and let holders put their assets to work without fear of collapse.
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