ANA was built to make zero-liquidity impossible by encoding an ever-present bid, a rising floor, and a programmatic flow of value back to itself. This layer establishes a permanent source of liquidity, converting protocol activity into robust, sustained demand for ANA and enabling deeper exit opportunities.

Nirvana explicitly calls this model the Assured Value Machine (AVM): a deterministic market engine that mints, prices, and redeems assets without relying on market makers or oracles.

Buyers deposit reserve assets (e.g., USDC) to mint ANA. When someone is ready to exit, they can always redeem their ANA for the deposited reserve asset. Put another way, the system’s solvency is built into its own code. The protocol truly owns the liquidity.

1. A floor that can’t go down – The AVM maintains an on-chain buy-wall large enough to repurchase 100% of supply at the floor price. That floor can mathematically only move upward (through fee accrual and AVM recalibrations) and never reverse. Permanence here is meant literally. Every rise in the floor is locked in when it ratchets upwards.

2. Liquidity that’s protocol-owned – Because mints deposit reserves directly into the AVM, the exit liquidity belongs to the mechanism. There’s no reliance on market makers or other centralized entities. Liquidity is structural.

3. ANA is redeemable and native – ANA is minted by depositing USDC and can be redeemed through the same mechanism at any time. It is born with a verifiable minimum value (i.e., the floor) and the right to exit is encoded, not promised.

Samsara is Nirvana’s expansion layer, as it lets any project launch an Assured Value Asset (AVA). Each AVA that is created represents a token born with a mathematically enforced floor, embedded yield from activity, and liquidation-free credit.

Each AVA lives in its own market with its own reserves (datSOL backed by SOL, datBONK by BONK, etc.). Value is enforced, not implied. Despite changing market sentiment, the protocol-owned liquidity maintains its absolute buy-wall at the floor price.

Back to ANA. Samsara routes value into a single sink. Fees from trading and borrowing accrue at the protocol level and are used to buy ANA.

prANA stakers receive a governed share of protocol revenue, paid in NIRV and ANA, ensuring participation is compensated without depleting reserves. The net effect is architectural: activity in the periphery deepens the center. Value funnels in. Liquidity thickens. The floor rises.

Every market pays upward. Governance sets the exact splits, but the structure remains fixed: revenue flows to prANA stakers, to directly lifting AVA floors, and to platform operations, while Samsara’s aggregate revenue is routed to purchasing ANA. This is the value sink that turns breadth into depth. Build more markets, and ANA becomes stronger.

Stake ANA, earn prANA, and open credit lines in NIRV up to ANA’s floor value. Zero interest. No liquidations. Collateral is bounded by math, not market mood. Borrowing incurs a one-time fee and does not accrue interest. Liquidity becomes productive without adding fragility.

This is the function of a permanent liquidity layer: convert motion into mass, noise into structure, participation into a higher, unbreakable base.

ANA does not just survive markets. It organizes them.