⛓️Daylight Protocol Mechanics

Daylight Protocol is a cross-chain casino and BetFi ecosystem, powered by a decentralized income mechanism on the BNB Chain that pays users for merely holding tokens. Through a staking rewards system, holders get rewards exponentially in perpetuity by staking their single assets or by staking Daylight LP tokens.

LP lockers will get a higher APR that run in perpetuity, giving the highest rewards over time, while also ensuring a permanently appreciating floor price wherein the token can never drop below, as it is collateralized by backing assets, as well as utilizes a liquidity pool to facilitate a higher price action on the market as opposed to the current floor price.

Mechanisms

Protocol backed by Daylight's Planetary Fund to sustain price

The planetary fund is a revenue collection vault that utilizes protocol revenue to buyback and burn the token at periodic times in order to permanently raise the floor price and dismiss the supply from circulation forever.

Earn by simply staking

Users can earn rewards directly through staking single assets or LP tokens. These staking and farming opportunities also have variable lockup pools that yield very high amounts of daily returns. Transactional volume contributes to permanently raising the floor price, also providing additional opportunities for token holders to exponentially make returns in terms of price action, supported by stability and a guaranteed floor price that never falls.

Variable and Lucrative APY backed by sustainability mechanisms and ecosystem utilities

Our reward pool is designed by capitalizing on larger supply and continuous deflation to make the offerings very lucrative to LP and single-asset contributors. Transaction finality of the Daylight token is taxed, and rewards are derived from the taxes that go back to continuously fund and sustain the incentivized liquidity pools and single asset staking pools. As fractional rewards are created from transactional finality, which also fuels price appreciation, the value of rewards linearly grows over time.

Treasury and Daylight Vault for continuous development.

The DEX and Launchpad revenue are contributed towards the floor price, the Treasury and the Daylight Vault to prolong development and ensure that the ever expanding team is compensated for their efforts fairly. Daylight Vault is an extension of our treasury that will be used to extend the ecosystem and invest in ideas for sustainability, while also funding marketing and team expansion.

Automatic token burn mechanism

Daylight Protocol employs Aurora, our developer function that automatically buys back and burns the token's circulating supply at periodic periods in time to support price action and manipulation, and to also ensure that all ecosystem fees for development are being utilized the right way.

The aurora also utilizes DEX swap fees and token taxes to continuously buyback and burn the token, as well as redeem them to buyback the token, permanently raising the floor price.