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About ANA

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.-- Concentrated liquidity. The NIRV token bundles the diverse reserve of stablecoins, concentrating their fragmented liquidity into one token. This bundling includes Solana-native tokens, as well as bridged assets, increasing the overall stablecoin liquidity on Solana.-- Intrinsic value. Nirvana maintains a diverse basket of reserve assets that backs the value of ANA. At any point in time, ANA has an intrinsic value guaranteed by the reserves. The protocol will always buy ANA back at its intrinsic value, and so this value becomes a hard floor price under which the token cannot trade.-- Rising floor. As the surplus reserves grow in value, the protocol algorithmically increases the intrinsic value of the token. This increase is tantamount to raising the floor price. In other words, ANA holders enjoy permanent gains. Once the floor price ratchets up, those gains are locked forever.-- Sustainable APY. Users are incentivized to stake their ANA in order to gain periodic rewards. The protocol mints pre-ANA (prANA) tokens at a regular interval, based on the total supply of ANA. These prANA tokens are shared to stakers in proportion to how much they have staked. The result of repeated rewards creates compounding APY for stakers.

Nirvana ANA (ANA) is a cryptocurrency launched in 2022. ANA has a current supply of 1.03M with 0 in circulation. The last known price of ANA is 0.050125196424 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://nirvana.finance.

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ANA Price Statistics
ANA’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3513
ANA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$51,744.09
ANA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
ANA Supply
Circulating Supply
0
Total Supply
1.03M
Max Supply
0
Updated Sep 20, 2023 2:30 am
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ANA
Nirvana ANA
$0.050125196424
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Ethereum Co-Founder's Free Speech Statement Sparks Controversy
Ethereum Co-Founder's Free Speech Statement Sparks Controversy
According to U.Today, Ethereum co-founder Vitalik Buterin's recent comments on free speech within the Ethereum community have sparked a wave of criticism. Regular users of the platform have expressed their dissatisfaction, citing instances of censorship and manipulation by influential figures within the community. This backlash highlights a significant disconnect between Buterin's vision of open discourse and the reality faced by users. Many users shared their negative experiences with Ethereum influencers, pointing out that meaningful discussions are often avoided. One user questioned, 'Do they ever discuss ETH/BTC chart?' implying that important topics are often overlooked. Another user shared their experience of being blocked by numerous Ethereum influencers due to their criticisms. These experiences underscore the perceived culture of censorship within the Ethereum community. Comments criticizing the mainstream culture of censorship and manipulation within the Ethereum community were prevalent. One user pointed out that this issue of silencing dissenting voices is not unique to Ethereum, but is widespread across the decentralized web space, including the Web3 industry. The backlash also included personal anecdotes of times when Ethereum fees were high, and any influential figure in the Ethereum community would silence anyone who criticized it. This frustration felt by many users when trying to engage in critical discussions about Ethereum's shortcomings indicates that the community might not be as open and accepting as Buterin portrays it. However, it's worth noting that the Ethereum community, like any other crypto community, is fundamentally open, allowing anyone to express their thoughts and opinions on public forums. Users also have the freedom to mute anyone they disagree with.
May 20, 2024 4:44 pm
Massive $1.9 Billion Solana (SOL) Transfer Sparks Market Speculation
Massive $1.9 Billion Solana (SOL) Transfer Sparks Market Speculation
According to U.Today, the calm of the Sunday afternoon cryptocurrency market was disrupted by a colossal transfer of $1.9 billion worth of Solana (SOL) tokens between unidentified wallets. This enormous transaction, involving over 11 million SOL, drew the attention of market observers and ignited speculation. The transfer process started with the SOL tokens being moved from the 'DnDz' address to '4njYP'. Shortly after, the tokens were transferred again to '4fAG', finally landing in a new address with no previous transaction history. The identities of the parties involved in this significant movement remain undisclosed, as does the rationale for choosing a Sunday, a typically low-liquidity day in the crypto market, for such a large transfer. This mysterious transaction coincides with a period when Solana's value is witnessing a significant increase. SOL is wrapping up the week with a remarkable gain of nearly 20%, trading at $171. This represents the most profitable week for Solana since early March, offering a much-needed uplift after a six-week decline that saw SOL struggle to exceed the $200 mark. The timing of this transfer has led market analysts to question whether this could be a strategic move by large stakeholders, or 'whales', to prepare for potential volatility in Solana's price. The recent upward trend might be motivating these major players to position themselves for another attempt to push SOL beyond the crucial $200 threshold. Market observers are now closely watching Solana for the next developments in this ongoing story.
May 20, 2024 4:41 pm

Frequently Asked Questions

  • What is the all-time high price of Nirvana ANA (ANA)?

    The all-time high of ANA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Nirvana ANA (ANA) is 0. The current price of ANA is down 0% from its all-time high.

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  • How much Nirvana ANA (ANA) is there in circulation?

    As of , there is currently 0 ANA in circulation. ANA has a maximum supply of 0.

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  • What is the market cap of Nirvana ANA (ANA)?

    The current market cap of ANA is 0. It is calculated by multiplying the current supply of ANA by its real-time market price of 0.050125196424.

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  • What is the all-time low price of Nirvana ANA (ANA)?

    The all-time low of ANA was 0 , from which the coin is now up 0%. The all-time low price of Nirvana ANA (ANA) is 0. The current price of ANA is up 0% from its all-time low.

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  • Is Nirvana ANA (ANA) a good investment?

    Nirvana ANA (ANA) has a market capitalization of $0 and is ranked #3513 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Nirvana ANA (ANA) price trends and patterns to find the best time to purchase ANA.

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