Sid 📿
@sid_nirvana_fi
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with Nirvana's market structure,.an asset's all-time-low only happens once:.at launch. and once the floor rises,.it will never hit all-time-low ever again. Watching the charts of high-profile ICOs - it makes one think . .
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With $ANA, you get to lend & earn without the fear of bad debt. And this is true for all the assets about to be listed in Samsara (the open-ended platform for Nirvana-fying other assets). is there a better instance of "risk free yield"?.
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All those dollars in the Nirvana's market get put to work natively. When loaned out, there is a flat origination fee, which gets shared out as revenue to the $ANA holders. After all, the $ANA holders provided that liquidity in the first place. So they should earn yield.
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So the protocol allows $ANA holders to borrow from the market's liquidity itself. And since zero-liquidation-risk is too good to pass up, the protocol doesn't charge interest (which could eventually cause a margin call).
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Who does the lending? Well, if it were other humans, they would want interest payments. Nothing wrong with that -- but we can do better. The nice thing about protocols is they can be coded to be absolutely free of greed. The Nirvana protocol itself is the lender.
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Because it has a floor, an $ANA collateral is rock-solid for debt up to its floor value. The loan-to-value ratio might go to 1.0 in the worst case. But it slams into a wall. No borrower can go into default.
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$ANA has a floor price. A true one. Its value cannot go beneath the floor. (Some would even say it's the ultimate store-of-value . but that's another thread).
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lots of questions lately how @nirvana_fi grants leverage without liquidation risk. - zero-interest borrowing.- no obligation to pay back.- no need to manage margin. what is this sci-fi magic?.
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say pumpfun gives 100% of its revenue to its token holders. (they won't, but suppose. ).say they make another $600M in a year. (they won't, but suppose. ).that's $0.0006 to each token. moon math.
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BTC is not a "ponzi". A ponzi is a scheme that collapses like a house of a cards when new money stops coming in. Leverage is a different issue. That was the primary culprit of the ~75% drawdown back in 2021. It's good to be wary of the possibility of forced selling.
Bitcoin demand has shifted to Bitcoin treasury companies and speculators looking to front-run that buying. This is a Ponzi built on a pyramid. It’s not about broadening Bitcoin adoption — it’s about wild centralized speculation that undermines Bitcoin’s foundational principles.
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They raised roughly as much money as Reddit did during their IPO. Also makes you think.
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the amount of cash pump fun has on-hand really makes you think. it's about as much as The Home Depot has.
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could y'all stop using solana for 10 minutes, I'm trying to deploy a program, and the congestion is a drag.
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The mission of @pumpdotfun was to make token launches fair and transparent. But in the end they chose the bad-old system for their own token.
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[ben affleck smoking meme].
No airdrop and 66% of the tokens are for the team in one form or another. They're going to create tokens out of thin air, with no cost basis and they're going to sell them to you and make themselves even more rich at your expense - and you're still going to do it anyway because.
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Introducing Nirvana: Director's Cut. The "pitch" with @aeyakovenko (hosted by @timedotfun) was bound to be a tough fit, but still a good opportunity to talk about Nirvana to a wide audience. And I didn't quite stick the landing. My goal is to make Nirvana a household name. I
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This needs an honest confrontation.
why mass adoption is hard for crypto:. – barrier to entry too high.– everyone gatekeeps.– scammers thrive and somehow stick around.– endless projects, no PMF.– UX is a nightmare.– tokens everywhere, purpose nowhere.– signing a tx feels like launching a rocket.
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