Mayflower Protocol

This section documents two things, kept apart on purpose.

Mayflower is the protocol design: a three-segment Assured Value Machine, floor raising, and floor-backed credit. It is drawn from the internal knowledge base. Build status is not established in those sources, so every page carries a Spec badge and none of it should be read as shipped.

Live today documents the reserve-backed markets currently in production under the Nirvana and Samsara brands, ported from the existing public docs. Those pages carry a Live badge.

Read the badges

The two tracks describe the same primitive at different stages, and the terminology is not interchangeable. Check the badge on a page before assuming a mechanism behaves the same way on the other track.

Mayflower specification

Overview The four systems and how they close into one economic loop.

The Assured Value Machine Floor, ramp and main: the pricing function that is the market.

Floor Raising Area-preserving raises, and the ceiling on how far the floor can move.

Cash Advance Non-recourse draws against floor value, with no close-out path.

Live today

What is Nirvana? The first market built on the AVM.

The Assured Value Machine (AVM) The deployed pricing curve and reserve accounting.

The Floor How the guaranteed redemption value is set and raised.

What is Samsara? Reserve-backed markets for third-party assets.

Protocol assets on the live track: ANA, NIRV, prANA. Revenue and governance: Revenue Flow, Governance Basics, Governance Process.

What is not here

No mapping between the two tracks is published, because none is settled. Questions about how existing positions relate to the Mayflower design should go to the team through the community channels.