Nirvana Finance Project Introduction, Team, Financing and News

Performances

RD Popularity Index

2616.13% (24h)

0100200300400500

Project Rank: 6097/15433

RD Growth Index

1810.75% (24h)

0400800120016002000

Project Rank: 3159/15433

Comparison:

BTCETHSOLPopularity Index

1h	24h	7d	30d	60d	90d
0.00%	3.33%	0.00%	0.00%	9.61%	16.41%

Comparison

Event Calendar

Jul 28, 2022

Nirvana Finance suffered a security incident, resulting in approximately 3500000 USD in losses.

Team

Head of Growth/Operations

Fundraising

MMow Capital

Related News

Dec 17, 2024

The algorithmic stablecoin protocol Nirvana, which was previously attacked by security engineers, has opened claims for compensation

Dec 17, 2024

Nirvana Finance has opened the claims for compensation and launched Nirvana V2

Follow Updates

Follow Lists

People

About Nirvana Finance

Details

Nirvana Finance is a blockchain-based financial protocol built around the Assured Value Machine (AVM), a deterministic on-chain market engine. It provides assets with a minimum redeemable price (floor) that can only rise, backed by protocol-owned reserves. Users can mint ANA by depositing USDC, redeem ANA for USDC, or borrow NIRV stablecoin against staked ANA as collateral, enjoying zero-interest, liquidation-free credit. Protocol fees from minting, redeeming, and trading continuously grow reserves and permanently raise the floor price, ensuring assets are always backed by real value. The system does not rely on oracles or external market makers; all liquidity is protocol-owned.

Tags:

DeFi

Stablecoin Protocol

Algorithmic Stablecoin

Ecosystem(1):

Solana

Founded:

2021

$0.05961

-3.33%