Daylight will launch the GRID Games points event on December 16th at 13:00.
TL;DR
Daylight's GRID Games points event starts Dec 16 at 13:00 UTC on Ethereum, rewarding contributions to DayFi liquidity. Early deposits get 10x points and a time bonus up to 13x, with withdrawals in sGRID and a 30-day unlock period. Points include mechanisms to balance supply and staking rates.
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According to Foresight News , the decentralized energy network Daylight has released the GRID Games points rules, stating that GRID Games points are used to measure participants' contributions to building the DayFi liquidity foundation.
The first opportunity to earn GRID Games points will begin on December 16th at 13:00 (UTC), and the event will be conducted on the Ethereum mainnet. Any USDS or USDT deposited into the vault will receive a 10x points multiplier throughout the pre-deposit period. There is also an "in-protocol time" bonus. The initial multiplier is 3.0x, decreasing by 0.03x daily until it reaches 1.0x. Since this bonus takes effect at the start of the pre-deposit period, the earliest participants will have an initial multiplier of 13x. All withdrawals of pre-deposited funds will be processed in sGRID. The unlocking time for pre-deposited funds in the ecosystem vault coincides with the sGRID unstaking period, which occurs every 30 days.
Once the protocol goes live in public beta, users will have multiple ways to earn points within the DayFi ecosystem. The official statement indicates that the supply of sGRID will be capped and gradually increased, while the supply of GRID will remain uncapped. To ensure point balance, a degradation mechanism has been introduced for GRID-related multiples. If the protocol's effective staking rate falls below 25%, the GRID-related multiple will begin to degrade. Once the effective staking rate recovers above the threshold, the GRID-related multiple will be restored. This will not affect the sGRID multiple.