Terminal Room
    Nirvana V1 cover
    Nirvana V1 logo

    Nirvana V1

    available
    TL;DR

    ANA is a partially-collateralized asset with a built-in rising floor price & renewable yield. It allows for zero liquidation risk loans in the form of the NIRV superstable token.

    Dossier

    ## Overview Nirvana V1 is a collateralized debt position (CDP) protocol built on Solana that issues NIRV, a superstable token designed to function as a stablecoin with zero liquidation risk. The protocol achieves this through a dual-token model: ANA, a partially-collateralized asset with a built-in rising floor price mechanism, and NIRV, which serves as the protocol's primary stablecoin output. This architecture allows users to take loans denominated in NIRV without facing the liquidation events common in traditional over-collateralized lending systems. The protocol exists to address a core fr