Nirvana Finance 📿
@nirvana_fi
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Welcome to Nirvana V2 ☯️✨ https://t.co/PFgGLO4cAO
Metta-verse
Joined November 2021
To all newcomers, we say welcome. You’ve made it here and that’s what matters. 📿 Don your mala and join us.
Today @nirvana_fi saw its largest volume since launch and a 20% increase in $ANA monks. Many new eyes, and many similar questions. Nirvana's beauty lies in its simplicity. But it does not play the same game as the status quo. And so it can feel a little alien at first. But is is just a return to crypto's roots: collective wealth. In this (long) video, I want to candidly introduce the philosophy behind Nirvana. How it operates, where it is going, and why it exists.
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✨ The path to enlightened wealth is paved with wisdom. $ANA's rising floor ensures your gains are eternal, while protocol-owned liquidity keeps the journey stable. Drop by drop the treasury grows. 📿
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#ICYMI -- @RandomTask555 added timestamps below Monday's Nirvana Fi interview for easy reference to key topics! 🙏📿
TIMESTAMPS: 00:00 - 03:25 - Opening Banter 03:25 - 06:00 - Sid's Background 06:25 - 11:05 - Need for Genetic Diversity in Crypto 11:05 - 17:19 - Inspiration for Nirvana 17:19 - 21:00 - Why USDC? 21:00 - 23:55 - Trusting Algorithms vs. Trusting Humans 23:55 - 27:16 - The Rebirth of Crypto Innovation 27:16 - 41:20 - The Math behind Floor Price 41:20 - 43: 00 - Comparing to other AMM Price Curves 43:00 - 47:25 - The Math behind Floor Price (continued) 47:25 - 49:17 - The Floor Price in a Nutshell 49:17 - 55:47 - What impact does selling $ANA into the floor have on future? 55:47 - 58:07 - The Value of Transparency 59:20 - 1:07:00 - Unpacking the V1 Exploit 1:07:42 - 1:08:36 - The Retribution Token - $METTA 1:08:36 - 1:15:50 - Yield & Revenue sharing 1:15:50 - 1:17:40 - Where does the Yield Come From? 1:17:40 - 1:25:49 - Nirvana's Reward Token - $prANA 1:25:49 - 1:28:02 - Why ANA as Collateral = Zero-Liquidation Risk 1:28:02 - 1:29:12 - What is $NIRV? 1:19:12 - 1:32:52 - Discussion on ANA Price Action & Trader Psychology 1:32:52 - 1:37:17 - Will the Floor Price Hold? Have you Tested it?! 1:37:17 - 1:40:18 - Nirvana Treasury Management 1:40:18 - 1:47:10 - Is Nirvana "Just Another Ponzi"? 1:47:10 - 1:53:30 - Open-Sourcing the Nirvana Algorithm 1:53:30 - 2:01:00 - Roadmap - Using the Nirvana Model to Launch new Tokens 2:01:00 - 2:06:43 - What impact would Buyback & Burns have on ANA's price curve? 2:07:16 - 2:09:58 - Long Term Goals 2:09:58 - 2:11:21 - Incentivizing ANA Holders vs. NIRV Holders 2:11:21 - 2:14:17 - Examining the NIRV Leverage in the System 2:14:17 - 2:16:17 - Chat Q&A - What happens if Circle starts distributing it's yield to USDC holders? 2:16:17 - 2:21:29 - The "MONK MODE" Strategy - Tax-Free Gains while Never Selling ANA 2:21:29 - 2:23:09 - Comparing Nirvana to MakerDAO 2:23:37 - 2:26:16 - Chat Q&A on Expanding the NIRV Ecosystem 2:26:16 - 2:31:10 - Chat Q&A - When Marketing? What's in the Growth Roadmap? 2:31:10 - 2:33:45 - Chat Q&A - Can Nirvana be integrated into JUP? 2:33:45 - 2:36:12 - Chat Q&A - Are there any safeguards in place for a USDC de-peg? 2:36:12 - 2:45:05 Expanding Horizons - Nirvana'fy'ing other Assets like $SOL, $BONK, $BTC, $ETH, $JLP etc. 2:45:05 - Final Thoughts
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☯️ The path to financial nirvana is paved with rising floors. Your entry price becomes your foundation. As the floor rises above it, enlightenment arrives - permanent profit, eternally locked in. This is the way of $ANA: transcend the market cycle
The moment of wagmi (3,3) zen is when the floor rises above your cost basis. At that moment, permanent profit is locked in. This is the dream of collective wealth: The higher $ANA goes, the higher the floor, and those who bought earlier can rest easy. The tao of crypto.
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🏅Leaderboard is live!🏅 Check it out & see where you rank!
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Zero liquidation risk isn't just a feature - it's a fundamental rethinking of how we believe leverage should work in DeFi. Proud to be leading this change with $ANA's floor price mechanics and $NIRV's stable backing. @sid_nirvana_fi breaks down the math behind the magic 🧘♂️👇
“Leverage” and “liquidations” are in the news. Let’s talk about the @nirvana_fi way. Leverage without liquidations.
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10 minute warning! Listen to Sid!
🧘ACHIEVING NIRVANA w/ RT & SID🧘 Tune in on X this Monday at 11:00 AM EST for a deep dive into everything @nirvana_fi, featuring the man behind the math, @sid_nirvana_fi I promise you, this will be a fascinating conversation you won’t want to miss! $SOL $ANA
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Set your reminders and come listen to Sid share the deepest dharma on Monday!📿
🧘ACHIEVING NIRVANA w/ RT & SID🧘 Tune in on X this Monday at 11:00 AM EST for a deep dive into everything @nirvana_fi, featuring the man behind the math, @sid_nirvana_fi I promise you, this will be a fascinating conversation you won’t want to miss! $SOL $ANA
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RT @sid_nirvana_fi: Healthy markets go by the rule: buy low, sell high. Unhealthy markets: unlock vested tokens, dump low. @nirvana_fi is…
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As the snake sheds its skin to reveal brighter scales beneath, so too does our protocol embrace its next phase. Each evolution brings new power while preserving ancient wisdom. This is the way of sustainable growth. 🐍✨
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🚨Attention Nirvana community members!🚨 Please remember to always stay vigilant! NEVER click on suspicious links. Always verify information from official sources. We will never DM you first or ask for personal details. Stay safe & report imposters!
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🌟 The Sukha सुख Upgrade is Now Live 🌟 Nirvana's price curve has evolved to its next form. The change has been successfully implemented, marking a new chapter in our journey.
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As rivers flow endlessly to the sea, so does $ANA absorb and transform what it touches. From zero we emerged, through collective wisdom we grow, towards infinity we journey. No artificial boundaries constrain our path - only pure value flowing like mountain springs into an endless ocean.
Meditate on the infinite. $ANA originated from zero. And has become collective, democratic wealth. It only concludes when there are no more USDC tokens to absorb and render into $NIRV.
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