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Mayflower builds reserve-backed markets on the Assured Value Machine (AVM), a protocol primitive that enforces a solvency invariant before any transaction executes. The result is a market position with a redemption floor that the protocol guarantees rather than a manager promises.

These docs run on two tracks. Pages badged Live describe the protocol operating today under the Nirvana and Samsara brands, and their terminology reflects what is deployed. Pages badged Spec describe the Mayflower protocol as specified in the internal knowledge base, which is not built yet. Mayflower Protocol explains the split and where each track begins. See Migration information for how the products relate.