I've seen many "Treasury" projects, most of which offer an APR and then get wiped out by hackers. I've suffered big losses from such "bottom line" issues before. Now, just seeing the words "Treasury" makes me a bit PTSDSamsara. I initially came across @Nirvana_Fi and clicked in; it's all about practical features and introductions. The barrier to entry isn't high, but the logic is quite solid. Nirvana's Samsara is essentially a decentralized DAT (Digital Asset Vault, Microstrategy mechanism, but native on-chain) deployable on Solana. Its core selling point is the price bottom line: relying on AVM, the on-chain minting/redeeming + pricing engine, the navToken is directly anchored to the protocol's reserve $SOL redemption price, which is pegged to the reserve. As trading fees accumulate, the bottom line can only move upward, not rely on LP gambling for survival. The value ultimately converges to the bottom line, rather than being drained by short-term liquidity speculation. The launch is also restrained: no pre-sale hype, anti-sniping, with minting fees rapidly decaying after opening. At least in the first hour, it's not just bots狂欢. For me, $ANA 's value lies here—verifiable bottom line + modelable exit paths, elevating collateral from pure PvP to a system-level design. It inherently includes a credit dynamic that doesn't require liquidation. Once used, there's no going back. Now, a question (just pick one answer): which part of the DAT would you prioritize converting?