
Samsara was built with a specific idea at its core. Markets should be free to move, but value should not disappear simply because sentiment turns or liquidity thins. Samsara markets are made to provide a minimum redeemable value at all times. A floor that keeps ticking up over time.
An idea like this only becomes real when it can survive extreme duress. With that in mind, we created conditions intended to push the system as hard as possible.
On December 4th, we launched a $50,000 bounty to Break the Floor that incentivized participants to sell directly into the market. The intention was to introduce coordinated selling under conditions that were explicitly adversarial.
The experiment ran in a controlled test environment across five independent markets. Each market followed a similar path and capital entered quickly, with tens of millions flowing in shortly after launch.

As liquidity accumulated, participants began selling in size, coordinating their activity to push the price all the way down to the minimum value the system was designed to offer. The selling was not tentative or exploratory. Tens of millions of dollars were sold into the system within a few hours after several days of preliminary buying.
Every market reached the minimum value level, and in every case, the system continued to function without deviation, and the floor held.
What stood out was not just that value was honored, but how cleanly everything remained contained. Each market operated independently throughout the process. When one market was sold down to its minimum redeemable floor value, activity in the others continued unaffected.
Liquidity was available and complete at all times, redemptions cleared as expected, and there was no sense in which pressure in one place weakened the rest of the system. This was not the result of intervention or coordination behind the scenes, it was a consequence of how Samsara markets are constructed.
The minimum value offered by a Samsara market is not a defended price level. No market makers are stepping in, no discretionary actions are taken when conditions become uncomfortable, and no hidden liquidity is waiting to be deployed.
Liquidity at that level is owned by the protocol itself and is continuously available. The markets used in this test were launched without pre-mines, preferential access, or special positioning. Every participant interacted with the same mechanics and faced the same outcomes.

As selling reached the floor value, market behavior began to shift. Once participants no longer faced uncertainty about further downside, the character of the market changed.
The minimum value stopped behaving like a point of stress and began functioning as a reference. Selling cleared, buyers re-entered naturally, and price discovery resumed above that level without incentives or intervention.
Throughout the test, price continued to move freely above the minimum value. What did not change was the system’s ability to offer that value when it was asked to.
The purpose of this exercise was simple. We wanted to understand whether the system would behave consistently when pressure was deliberate, coordinated, and sustained across multiple markets at once.
Across five markets and tens of millions of dollars in sell pressure, it did. Value remained available without bias, liquidity stayed intact throughout, and each market adjusted and recovered on its own terms.
The most important result was consistency. The system continued to function under extreme stress in the same way it would in calm conditions. There was no need for external intervention or additional liquidity, proving that markets built around assured value don’t have to be defended when pressure arrives.
Our Break the Floor test environment can be found here:
break-samsara.nirvana.finance
Samsara is live, with new market launching over time:
samsara.nirvana.finance
Enter Samsara.

Samsara was built with a specific idea at its core. Markets should be free to move, but value should not disappear simply because sentiment turns or liquidity thins. Samsara markets are made to provide a minimum redeemable value at all times. A floor that keeps ticking up over time.
An idea like this only becomes real when it can survive extreme duress. With that in mind, we created conditions intended to push the system as hard as possible.
On December 4th, we launched a $50,000 bounty to Break the Floor that incentivized participants to sell directly into the market. The intention was to introduce coordinated selling under conditions that were explicitly adversarial.
The experiment ran in a controlled test environment across five independent markets. Each market followed a similar path and capital entered quickly, with tens of millions flowing in shortly after launch.

As liquidity accumulated, participants began selling in size, coordinating their activity to push the price all the way down to the minimum value the system was designed to offer. The selling was not tentative or exploratory. Tens of millions of dollars were sold into the system within a few hours after several days of preliminary buying.
Every market reached the minimum value level, and in every case, the system continued to function without deviation, and the floor held.
What stood out was not just that value was honored, but how cleanly everything remained contained. Each market operated independently throughout the process. When one market was sold down to its minimum redeemable floor value, activity in the others continued unaffected.
Liquidity was available and complete at all times, redemptions cleared as expected, and there was no sense in which pressure in one place weakened the rest of the system. This was not the result of intervention or coordination behind the scenes, it was a consequence of how Samsara markets are constructed.
The minimum value offered by a Samsara market is not a defended price level. No market makers are stepping in, no discretionary actions are taken when conditions become uncomfortable, and no hidden liquidity is waiting to be deployed.
Liquidity at that level is owned by the protocol itself and is continuously available. The markets used in this test were launched without pre-mines, preferential access, or special positioning. Every participant interacted with the same mechanics and faced the same outcomes.

As selling reached the floor value, market behavior began to shift. Once participants no longer faced uncertainty about further downside, the character of the market changed.
The minimum value stopped behaving like a point of stress and began functioning as a reference. Selling cleared, buyers re-entered naturally, and price discovery resumed above that level without incentives or intervention.
Throughout the test, price continued to move freely above the minimum value. What did not change was the system’s ability to offer that value when it was asked to.
The purpose of this exercise was simple. We wanted to understand whether the system would behave consistently when pressure was deliberate, coordinated, and sustained across multiple markets at once.
Across five markets and tens of millions of dollars in sell pressure, it did. Value remained available without bias, liquidity stayed intact throughout, and each market adjusted and recovered on its own terms.
The most important result was consistency. The system continued to function under extreme stress in the same way it would in calm conditions. There was no need for external intervention or additional liquidity, proving that markets built around assured value don’t have to be defended when pressure arrives.
Our Break the Floor test environment can be found here:
break-samsara.nirvana.finance
Samsara is live, with new market launching over time:
samsara.nirvana.finance
Enter Samsara.

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ANA: The Permanent Liquidity Layer
Most tokens don’t die at zero price. They die at zero liquidity.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 r...

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