Subscribe to Nirvana
NirvanaANA: 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...
NirvanaSamsara: Unlock Expansive Value Within Any Digital Asset
Samsara transforms any digital asset into an AVA — a super-derivative with native yield, risk-free credit, and a rising floor price.Introduction: The Origin of Proof-of-ValueWhen Nirvana introduced the ANA token, it set a new benchmark for wealth storage. ANA is backed by protocol-owned USDC reserves at its floor price, enabling the protocol to enforce verifiable exit liquidity for every ANA at or above the floor — even in the event of a total bank run. ANA’s floor price is secured through on...
NirvanaSamsara: Home of On-Chain Digital Asset Treasuries
The DAT ProblemDigital Asset Treasuries (DATs) represent one of the most exciting financial innovations of the past cycle. They gave investors a new way to gain exposure to digital assets through public markets, and they even come with built-in downside protection and potential upside amplification. Companies like MicroStrategy proved the concept at scale. Investors bought into Microstrategy to outperform Bitcoin’s price, taking full advantage of the leveraged management execution, market per...
<100 subscribers
NirvanaANA: 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...
NirvanaSamsara: Unlock Expansive Value Within Any Digital Asset
Samsara transforms any digital asset into an AVA — a super-derivative with native yield, risk-free credit, and a rising floor price.Introduction: The Origin of Proof-of-ValueWhen Nirvana introduced the ANA token, it set a new benchmark for wealth storage. ANA is backed by protocol-owned USDC reserves at its floor price, enabling the protocol to enforce verifiable exit liquidity for every ANA at or above the floor — even in the event of a total bank run. ANA’s floor price is secured through on...
NirvanaSamsara: Home of On-Chain Digital Asset Treasuries
The DAT ProblemDigital Asset Treasuries (DATs) represent one of the most exciting financial innovations of the past cycle. They gave investors a new way to gain exposure to digital assets through public markets, and they even come with built-in downside protection and potential upside amplification. Companies like MicroStrategy proved the concept at scale. Investors bought into Microstrategy to outperform Bitcoin’s price, taking full advantage of the leveraged management execution, market per...
Subscribe to Nirvana
<100 subscribers
Support Nirvana
NirvanaSamsara App Walkthrough
Support Nirvana
NirvanaSamsara App Walkthrough
Welcome to Samsara—Nirvana's new derivatives platform on Solana. This guide walks you through everything you need to know to start trading, earning, and governing on Samsara.
navTokens are a new class of derivatives engineered to outperform their underlying assets. They offer:
Magnified upside potential against the base asset
Mathematically limited downside risk—your losses are capped against the base asset
Interest-free credit with zero liquidation risk
Each navToken is backed by a single-asset reserve. navSOL is backed by SOL, navZEC is backed by bridged ZEC, and so on. This reserve creates the foundation for the floor price mechanism that protects your position and enables borrowing.
The value of a navToken multiplies against its underlying asset as demand comes in. The floor price follows the market price, capping your maximum loss permanently against the underlying asset. Additionally, fees from every buy, sell, and borrow raise the floor.
At the bottom of the Samsara homepage, you'll find all available navTokens displayed with key metrics.
The first number you'll notice—like "10.00x" on navSOL—is the performance multiple. This tracks performance against the base asset since launch. A 10.00x multiple means navSOL has increased 10 times in price relative to its SOL starting price. In other words, if the starting conversion rate was 0.007 navSOL per SOL, a 10x multiple implies that the current conversion rate is now 0.07 SOL.
Each navToken shows its price in two formats:
USD value for easy reference
Conversion rate to the underlying asset (e.g., how much SOL one navSOL represents)
The floor is a mathematically verifiable minimum price that is always redeemable. Market price can never fall below it. It offers built-in price protection for navTokens.
The coverage percentage displays the portion of the market price that is protected by the floor. For example, 70% coverage means 70% of navSOL's market value is protected against SOL—the price can't drop more than 30% relative to SOL.
prANA is Nirvana's governance token, earned exclusively by staking ANA. Depositing prANA into any market earns you a share of that market's revenue. ARP shows the average revenue earned per prANA token deposited in that market.
Use the search bar at the top of any page to quickly switch between markets. Each market has dedicated Trade, Earn, and Governance pages accessible from anywhere in the app.
From the home page, click on any market to view the trade page.
Each navToken has its own dedicated trade page featuring a dual-line chart:
Top line: Market price
Bottom line: Floor price
At the top-right of the chart, you can select your timeframe as well as toggle between USD and base asset pricing. When priced in the underlying asset (e.g., SOL), the floor can only increase; by design, it can never decrease, even if all navTokens are redeemed at once. When viewed in USD, the floor will appear to fluctuate with the price movement of the underlying asset.
The primary price metric displayed by default is the performance multiple, which tracks performance since TGE (it always starts at 1x). The top-left of the chart shows the current conversion rate between the navToken and its underlying asset, which always corresponds directly to the multiple.
You can also hover over the chart to see historical data, including price, coverage, and redeemable value (market conversion rate).
To buy a navToken:
Find the trade panel on the top-right side of the trade page, and select the “Buy” tab.
Enter the amount of base asset you want to use (e.g., 0.1 SOL)
Click Review Order to see:
Buy fee
Fill Price Delta
Price impact
4. Click the gear icon to adjust slippage and priority fee settings if needed.
5. Click Buy navSOL and approve the transaction in your wallet.
Your navTokens are automatically deposited into the protocol, allowing you to borrow against them immediately. Deposited navTokens can be sold at any time by selecting the “Sell” tab.
The floor value of your holdings determines the amount you can borrow. Here's a useful tip: the coverage percentage doubles as your maximum LTV (Loan-to-Value ratio). If coverage is 70%, you can borrow up to 70% of your position's value at the current price.
To borrow:
Select the “Borrow” tab in the trading panel.
Enter the amount you wish to borrow (or click on the populated figure to max-borrow).
Click to review the order and see applicable fees.
Confirm the transaction.
All borrowing is interest-free and carries zero liquidation risk. Borrowing locks your navTokens as collateral until your loan is repaid. Loans can be repaid at any time on the “Repay” tab.
The Earn page is where you can deposit prANA to receive a share of each market's revenue.
prANA is Nirvana's governance token, earned exclusively by staking ANA. The more prANA you accumulate and deposit, the larger your share of revenue.
Navigate to the Earn page for your chosen market
Enter the amount of prANA you want to deposit in the top-right earn panel.
Click Deposit and confirm in your wallet
Directly to the left, you can see the number of prANA you deposited and your share of this market’s prANA pool. Below that, you can claim your revenue, paid in the underlying asset.
You can scroll down to see key statistics, including total revenue distributed, current ARP, and total prANA deposited in the pool.
In addition to revenue share, your deposited prANA grants voting power to influence market parameters. Governance decisions are tallied weekly and implemented automatically on-chain.
Each market has adjustable parameters, including:
Buy fee
Sell fee
Borrow fee
Full explanations of all governable parameters are available in the docs.
Navigate to the Governance page
Deposit prANA if you haven’t already on the earn page.
Click the up or down arrow to choose your direction (default is up).
Type the percentage of your voting power you wish to allocate to each parameter.
Click “Save Votes” and confirm the transaction
Votes can be changed at any time.
Navigate to the “My Portfolio” page by clicking the figure in the top-right next to your wallet address. Here, you’ll find a comprehensive breakdown of your holdings across all markets.
Your portfolio displays:
Deposited navTokens and current prices
Outstanding debt
Unclaimed rewards
Deposited prANA
Total equity
Click any market to see a detailed breakdown for that specific position.
The "My Portfolio" page makes it easy to claim all accumulated rewards across markets with a single click. Just click “Claim All” and confirm to collect your revenue share.
If you purchased navTokens on an external market such as a DEX aggregator, they'll arrive in your wallet. To borrow against them, you’ll need to deposit them into the Samsara app:
Navigate to the Trade page
Below the trade panel, click “Deposit” and confirm.
To use navTokens in external liquidity pools, use the Withdraw function to move them back to your wallet.
Navigate to “My Portfolio”.
Select the appropriate market.
Select the ellipsis (three dots) in the top-left next to “navTokens Deposited”.
Select “Withdraw” and confirm.
Check out our docs here: docs.nirvana.finance
And feel free to reach out to us in Discord, where one of our team or community members will be happy to help: discord.gg/nirvanafi
Happy outperforming!
Welcome to Samsara—Nirvana's new derivatives platform on Solana. This guide walks you through everything you need to know to start trading, earning, and governing on Samsara.
navTokens are a new class of derivatives engineered to outperform their underlying assets. They offer:
Magnified upside potential against the base asset
Mathematically limited downside risk—your losses are capped against the base asset
Interest-free credit with zero liquidation risk
Each navToken is backed by a single-asset reserve. navSOL is backed by SOL, navZEC is backed by bridged ZEC, and so on. This reserve creates the foundation for the floor price mechanism that protects your position and enables borrowing.
The value of a navToken multiplies against its underlying asset as demand comes in. The floor price follows the market price, capping your maximum loss permanently against the underlying asset. Additionally, fees from every buy, sell, and borrow raise the floor.
At the bottom of the Samsara homepage, you'll find all available navTokens displayed with key metrics.
The first number you'll notice—like "10.00x" on navSOL—is the performance multiple. This tracks performance against the base asset since launch. A 10.00x multiple means navSOL has increased 10 times in price relative to its SOL starting price. In other words, if the starting conversion rate was 0.007 navSOL per SOL, a 10x multiple implies that the current conversion rate is now 0.07 SOL.
Each navToken shows its price in two formats:
USD value for easy reference
Conversion rate to the underlying asset (e.g., how much SOL one navSOL represents)
The floor is a mathematically verifiable minimum price that is always redeemable. Market price can never fall below it. It offers built-in price protection for navTokens.
The coverage percentage displays the portion of the market price that is protected by the floor. For example, 70% coverage means 70% of navSOL's market value is protected against SOL—the price can't drop more than 30% relative to SOL.
prANA is Nirvana's governance token, earned exclusively by staking ANA. Depositing prANA into any market earns you a share of that market's revenue. ARP shows the average revenue earned per prANA token deposited in that market.
Use the search bar at the top of any page to quickly switch between markets. Each market has dedicated Trade, Earn, and Governance pages accessible from anywhere in the app.
From the home page, click on any market to view the trade page.
Each navToken has its own dedicated trade page featuring a dual-line chart:
Top line: Market price
Bottom line: Floor price
At the top-right of the chart, you can select your timeframe as well as toggle between USD and base asset pricing. When priced in the underlying asset (e.g., SOL), the floor can only increase; by design, it can never decrease, even if all navTokens are redeemed at once. When viewed in USD, the floor will appear to fluctuate with the price movement of the underlying asset.
The primary price metric displayed by default is the performance multiple, which tracks performance since TGE (it always starts at 1x). The top-left of the chart shows the current conversion rate between the navToken and its underlying asset, which always corresponds directly to the multiple.
You can also hover over the chart to see historical data, including price, coverage, and redeemable value (market conversion rate).
To buy a navToken:
Find the trade panel on the top-right side of the trade page, and select the “Buy” tab.
Enter the amount of base asset you want to use (e.g., 0.1 SOL)
Click Review Order to see:
Buy fee
Fill Price Delta
Price impact
4. Click the gear icon to adjust slippage and priority fee settings if needed.
5. Click Buy navSOL and approve the transaction in your wallet.
Your navTokens are automatically deposited into the protocol, allowing you to borrow against them immediately. Deposited navTokens can be sold at any time by selecting the “Sell” tab.
The floor value of your holdings determines the amount you can borrow. Here's a useful tip: the coverage percentage doubles as your maximum LTV (Loan-to-Value ratio). If coverage is 70%, you can borrow up to 70% of your position's value at the current price.
To borrow:
Select the “Borrow” tab in the trading panel.
Enter the amount you wish to borrow (or click on the populated figure to max-borrow).
Click to review the order and see applicable fees.
Confirm the transaction.
All borrowing is interest-free and carries zero liquidation risk. Borrowing locks your navTokens as collateral until your loan is repaid. Loans can be repaid at any time on the “Repay” tab.
The Earn page is where you can deposit prANA to receive a share of each market's revenue.
prANA is Nirvana's governance token, earned exclusively by staking ANA. The more prANA you accumulate and deposit, the larger your share of revenue.
Navigate to the Earn page for your chosen market
Enter the amount of prANA you want to deposit in the top-right earn panel.
Click Deposit and confirm in your wallet
Directly to the left, you can see the number of prANA you deposited and your share of this market’s prANA pool. Below that, you can claim your revenue, paid in the underlying asset.
You can scroll down to see key statistics, including total revenue distributed, current ARP, and total prANA deposited in the pool.
In addition to revenue share, your deposited prANA grants voting power to influence market parameters. Governance decisions are tallied weekly and implemented automatically on-chain.
Each market has adjustable parameters, including:
Buy fee
Sell fee
Borrow fee
Full explanations of all governable parameters are available in the docs.
Navigate to the Governance page
Deposit prANA if you haven’t already on the earn page.
Click the up or down arrow to choose your direction (default is up).
Type the percentage of your voting power you wish to allocate to each parameter.
Click “Save Votes” and confirm the transaction
Votes can be changed at any time.
Navigate to the “My Portfolio” page by clicking the figure in the top-right next to your wallet address. Here, you’ll find a comprehensive breakdown of your holdings across all markets.
Your portfolio displays:
Deposited navTokens and current prices
Outstanding debt
Unclaimed rewards
Deposited prANA
Total equity
Click any market to see a detailed breakdown for that specific position.
The "My Portfolio" page makes it easy to claim all accumulated rewards across markets with a single click. Just click “Claim All” and confirm to collect your revenue share.
If you purchased navTokens on an external market such as a DEX aggregator, they'll arrive in your wallet. To borrow against them, you’ll need to deposit them into the Samsara app:
Navigate to the Trade page
Below the trade panel, click “Deposit” and confirm.
To use navTokens in external liquidity pools, use the Withdraw function to move them back to your wallet.
Navigate to “My Portfolio”.
Select the appropriate market.
Select the ellipsis (three dots) in the top-left next to “navTokens Deposited”.
Select “Withdraw” and confirm.
Check out our docs here: docs.nirvana.finance
And feel free to reach out to us in Discord, where one of our team or community members will be happy to help: discord.gg/nirvanafi
Happy outperforming!
Share Dialog
Share Dialog
No comments yet