💵Daylight Token

Project Daylight's innovative $DAYL token is the first ever true wealth generation cryptocurrency that enables token holders to accumulate rewards over time while ensuring an EVER APPRECIATING GUARANTEED FLOOR PRICE to support long term sustainability and a protocol that operates via decentralization in perpetuity.

With the Daylight wealth generation initiative, we employ a novel and unique deflationary system that makes staking seamless and provides $DAYL token holders with the greatest steady returns on the BNB Chain in terms of asset holdings as well as exponential price appreciation.

Project Daylight is poised to lead a DeFi revolution by becoming the pioneer for real immersive wealth distribution as well as utility and gamification of assets, leveraging liquidity and collateral in parallel, as well as tying in innovative supply reduction mechanisms that ensure an ever appreciating value.

Real Wealth Generation

Project Daylight is DeFi's first ever true wealth generation protocol that capitalizes on sustainability and floor price manipulation in order to provide token holders as well as reward earners with the most sustainable, ever-appreciating and fully collateralized cryptocurrency asset on the blockchain. The Daylight token can be used to stake or farm rewards over time, with each transaction enabling the floor price to permanently rise, while the token trades at market price, which is exponentially above the floor.

Being deflationary in nature, Daylight ensures an ever dissolving supply with constant price appreciation over time, that is created with transaction finality, utilizing a larger supply, fractional liquidity pools, collateralized assets that back the token, in order to create a value that is trending upwards and a floor price that is constantly appreciating, and can never fall.

Daylight Protocol is a subsidiary and blockchain discovery project of Venture Building Group - Daylight Capital, focusing on creating advantages and value for DeFi token holders through innovation. We intend to be the leading decentralized protocol, providing investors and liquidity providers with a standardized and sustainable wealth generating method.

Floor Price Appreciation

Daylight utilizes its very own collateralized asset backing to drive floor price and increase the value of $DAYL.

The term "price floor" is used in both traditional and crypto circles to refer to the lowest possible price that an asset can reach. A centralized trusted authority, such as the government or the asset issuer, often guarantees that price. The floor isn't real in these cases because the jurisdiction can modify their decision. Daylight generates the floor using math and truly collateralized assets, eliminating the need for trust and providing anyone with the ability to verify.

Daylight is a token with a fixed and deflationary supply, and its underlying asset can never be removed from the token contract. These are the two mechanisms we use in our token to generate a mathematical minimum price, also known as a price floor.

The supply of Daylight is fixed because if more tokens were issued, the future supply would lower the floor, implying that there was never a floor at all. Similarly, if the backing asset could be removed, it would lower the floor and negate it.

Daylight's floor price is 100% collateralized by $BUSD, giving it a minimum floor value that appreciates in value as a result of transactional volume.

Buy, Transfer & Sale Taxes

The price floor appreciation procedure relies on Daylight token's purchase and sell taxes. They offer funds for important protocol operations as well as general sustainability and long-term ongoing growth.

Other protocols sell bonds to fund the same tasks as our trading fees, but we feel that method is riskier because if bonds are not acquired, the token might lose support and spiral downward in price, as we have seen with a number of these bond-based protocols that have thrived and then deteriorated in the OHM fork era.

Buy, transfer and sale taxes can be found in detail in Daylight Tokenomics.

The Daylight token employs two very important smart contract functions when buys & sells are executed:

-> Sell-Burn – 20% of the tax is used to sell tokens for $BUSD, but then burn the tokens it sold from the LP, making the sell actually raise the value of the Daylight token instead of drop it.

-> Redeem-Buyback – 20% of the tax is used to redeem Daylight for its floor value, effectively burning the tokens. The value it gets back from the redemption is then used to buyback and burn Daylight on the DEX.

📈pageTokenomics