Nirvana (prANA)

IDO

Last updated: Apr 05, 2022

Nirvana is building the enlightened reserve currency for Solana.

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Overview

Project industry	Finance Services & Banking
Product type	Protocol
Whitepaper	Open
Onepager	Open

What is Nirvana

Nirvana is a twin system of algorithmic wealth & ultra low-risk stablecoin on the Solana network. It produces the ANA token: an algorithmic metastable token that serves as a store of wealth. And it produces the NIRV token: a decentralized superstable store of value.

It enables zero liquidation-risk loans of NIRV that have a negative interest rate. You earn yield on your debt. The way it accomplishes this is by transferring the volatile, speculative energy of the ANA token into the backing for the superstable NIRV token.