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ANA/INR: Convert Nirvana ANA (ANA) to Indian Rupee (INR)

1 Nirvana ANA equals ₹4.97 Indian Rupee

Nirvana ANA (ANA) is not tradable on Coinbase.

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Last update: 10:40 PM, June 18, 2024

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Overview

About Nirvana ANA (ANA)

Nirvana ANA (ANA) is a unique cryptocurrency that operates on the Solana network. It is part of a dual system that includes the ANA token and the NIRV token. The ANA token is an algorithmic metastable token that serves as a store of wealth, while the NIRV token is a decentralized superstable store of value. The system aims to provide zero liquidation-risk loans of NIRV with a negative interest rate, meaning users can earn yield on their debt. The system transfers the volatile, speculative energy of the ANA token into the backing for the superstable NIRV token. This process enhances the overall stablecoin liquidity on Solana.

Nirvana ANA operates through a unique system that involves the ANA and NIRV tokens. The ANA token has an intrinsic value guaranteed by a diverse basket of reserve assets. The protocol will always buy ANA back at its intrinsic value, creating a hard floor price under which the token cannot trade. As the surplus reserves grow in value, the protocol algorithmically increases the intrinsic value of the token, effectively raising the floor price. Users are incentivized to stake their ANA to gain periodic rewards. The protocol mints pre-ANA (prANA) tokens at regular intervals, based on the total supply of ANA. These prANA tokens are shared with stakers in proportion to how much they have staked, creating a compounding APY for stakers.

Nirvana ANA aims to serve as a sustainable store of wealth. The ANA token is designed to provide bounded risk through partial collateralization, meaning it cannot go to zero, and its minimum price rises with demand. It also offers ultra-low-risk backing value via diversified stablecoin reserves, protecting holders against catastrophic stablecoin depegging through robust diversification. Furthermore, ANA can be used as collateral for taking NIRV loans, which are fully collateralized 1:1 with the intrinsic (floor) value of ANA. Since NIRV loans are priced at the floor value of ANA, there is zero liquidation risk for these loans.

Nirvana ANA was developed as a twin system of algorithmic wealth and ultra low-risk stablecoin on the Solana network. The system was designed to transform the volatile, speculative energy of the ANA token into the backing for the superstable NIRV token. Over time, the protocol has evolved to include features such as concentrated liquidity, intrinsic value, a rising floor, and sustainable APY. The protocol's reserve profits when it sells ANA at the spot price and also when it sells time-released ANA contracts. The protocol is designed to prevent hyper-inflation and support the price of ANA, resulting in modest appreciation and modest APYs for stakers.

How Nirvana ANA (ANA) and Indian Rupee (INR) differ

Nirvana ANA (ANA) and the Indian Rupee (INR) are two distinct forms of currency, each with its unique characteristics and uses. ANA is a cryptocurrency that operates on the Solana network, part of a dual system with the NIRV token. It aims to serve as a sustainable store of wealth, with its value guaranteed by a diverse basket of reserve assets. The protocol strives to provide zero liquidation-risk loans of NIRV with a negative interest rate, allowing users to earn yield on their debt. On the other hand, the INR is a traditional fiat currency, regulated by the Reserve Bank of India, and used for everyday transactions in India. Unlike ANA, the value of INR is determined by supply and demand dynamics in the foreign exchange market, influenced by factors such as inflation, interest rates, and geopolitical events. While ANA offers a unique system of rewards for stakers, INR does not have a similar mechanism. The use of ANA also involves understanding of blockchain technology and digital wallets, whereas INR is used in a more conventional banking system.

Nirvana ANA Markets

Nirvana ANA is falling this week.

The current price of Nirvana ANA is ₹4.97 per ANA. With a circulating supply of 0 ANA, it means that Nirvana ANA has a total market cap of ₹0.00. The amount of Nirvana ANA traded has fallen by ₹0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, ₹0.00 worth of ANA has been traded.

Market cap

Not enough data

Volume (24h)

Not enough data

Circulating supply

Not enough data

FAQ

How much is 1 Nirvana ANA in INR?

Right now, 1 Nirvana ANA is worth about ₹4.97.

How much ANA could I buy for 1 INR?

Based on the current rate, you could get 0.2 ANA for 1 INR.

How do I calculate or convert ANA to INR?

You can use our ANA to INR calculator at the top of this page to convert any amount of ANA to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 1.01 ANA. Inversely, 5 ANA will cost about 24.85 INR.

How can I buy 1 Nirvana ANA on Coinbase?

Nirvana ANA can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Nirvana ANA.

What are assets similar to Nirvana ANA that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Nirvana ANA, including Ethereum, Tether, and BNB. For a more robust list of assets to explore, jump to the asset page dedicated to Nirvana ANA.

Conversion tables

The exchange rate of Nirvana ANA is decreasing.

The current value of 1 ANA is ₹4.97 INR. In other words, to buy 5 Nirvana ANA, it would cost you ₹24.85 INR. Inversely, ₹1.00 INR would allow you to trade for 0.20 ANA while ₹50.00 INR would convert to 10.06 ANA, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by NaN%. Meanwhile, in the last 24 hours, the rate has changed by NaN%, and that the the highest exchange rate of 1 ANA to Indian Rupee was 0 INR and the lowest 24 hour value was 1 ANA for Infinity INR. This time last month, the value of 1 ANA was ₹4.97 INR, which is a 0% decrease from where it is now. Looking back a year, Nirvana ANA has changed by ₹0.00 INR.

ANA to INR

Amount
Today at 10:40 pm
0.5 ANA
₹2.49
1 ANA
₹4.97
5 ANA
₹24.85
10 ANA
₹49.70
50 ANA
₹248.52
100 ANA
₹497.04
500 ANA
₹2,485.22
1,000 ANA
₹4,970.45

INR to ANA

Amount
Today at 10:40 pm
0.5 INR
0.10 ANA
1 INR
0.20 ANA
5 INR
1.01 ANA
10 INR
2.01 ANA
50 INR
10.06 ANA
100 INR
20.12 ANA
500 INR
100.59 ANA
1,000 INR
201.19 ANA

Today vs. 24 hours ago

Amount
Today at 10:40 pm
24 hours ago
24H Change
0.5 ANA
₹2.49
₹2.49
0.00%
1 ANA
₹4.97
₹4.97
0.00%
5 ANA
₹24.85
₹24.85
0.00%
10 ANA
₹49.70
₹49.70
0.00%
50 ANA
₹248.52
₹248.52
0.00%
100 ANA
₹497.04
₹497.04
0.00%
500 ANA
₹2,485.22
₹2,485.22
0.00%
1,000 ANA
₹4,970.45
₹4,970.45
0.00%

Today vs. 1 month ago

Amount
Today at 10:40 pm
1 months ago
1M Change
0.5 ANA
₹2.49
₹2.49
0.00%
1 ANA
₹4.97
₹4.97
0.00%
5 ANA
₹24.85
₹24.85
0.00%
10 ANA
₹49.70
₹49.70
0.00%
50 ANA
₹248.52
₹248.52
0.00%
100 ANA
₹497.04
₹497.04
0.00%
500 ANA
₹2,485.22
₹2,485.22
0.00%
1,000 ANA
₹4,970.45
₹4,970.45
0.00%

Today vs. 1 year ago

Amount
Today at 10:40 pm
1 year ago
1Y Change
0.5 ANA
₹2.49
₹2.49
0.00%
1 ANA
₹4.97
₹4.97
0.00%
5 ANA
₹24.85
₹24.85
0.00%
10 ANA
₹49.70
₹49.70
0.00%
50 ANA
₹248.52
₹248.52
0.00%
100 ANA
₹497.04
₹497.04
0.00%
500 ANA
₹2,485.22
₹2,485.22
0.00%
1,000 ANA
₹4,970.45
₹4,970.45
0.00%

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