Project Name: Lilies
Project Track: Eco-Friendly
Team Name: Lilies team
Team Member(s): 1
Dorahacks Project Link:
Lilies | Buidls | DoraHacksProject Goal:
Accelerate the net-zero transition by building climate asset markets that are accessible and transparent for everyone.
Project Info:
Lilies is a decentralized market for climate assets that makes it easy to claim, trade, and redeem energy attribute certificates (EACs).
Lilies.pdf (17.6 KB)
Project Website: lilies-energy.com
Project Test Instructions:
- Go to the project website
- Connect with Tronlink Wallet
- Select Nile Testnet network
- Go to the Bridge tab and create a new NFT token
- Go to the Pools tab and deposit your NFT token to one of the reference pools
- In return, you will receive tokens of this pool
- On the buyer’s side, if you have some pool tokens, you can withdraw NFT from the reference pool
- And redeem the NFT in the Redeem tab
Project Details:
Problem
An Energy Attribute Certificate is a market-based instrument that represents the property rights of renewable electricity generation. At the moment, it is difficult to price and trade EAC. Energy is already the most capital-intensive industry, and this makes it difficult to finance clean energy production.
Solution
Lilies protocol creates liquid market prices for EACs by letting anyone bridge EACs on-chain and group them into asset pools.
User experience
Let’s describe the main user archetypes. The Generators who produce Energy Attribute Certificates (EACs), The Climate Actors who redeem EACs to reduce their scope-2 emissions, and Financial Intermediaries who participate in the market, but neither produce nor redeem EACs.
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Generators. The interests of Generators center on having EAC prices that are transparent, fair, and actionable. With Lilies Generators can easily sell EACs at a transparent market price to confidently liquidate inventory with low overhead.
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Climate Actors. Climate Actors buy and redeem EACs to show regulators and customers that they’re improving the impact of their operations on the climate. With Lilies Climate Actors can easily buy and retire EACs at a transparent market price to confidently meet their climate obligations with low overhead.
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Financial Intermediaries. Financial Intermediaries buy, hold, and sell EACs to hedge balance-sheet risk, speculate on price movement, generate asset yield in DeFi protocols, and compose derivative DeFi assets.
Technology
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Tron blockchain
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Energy Attributes Tokens (TRC-1155 standard) that represents each Energy Attribute Certificate
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Reference pools. Our reference pools combine EATs with shared properties into pools and use an TRC-20 token to represent fractional ownership of the assets in the pool.
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Lilies tokens. TRC-20-compliant representation of energy attributes. All tokens have a nominal value of 1MWh energy attributes, and each reference pool uses a different token.
Smart Contract links:
Energy Attributes Tokens TRC-1155
TDMapibpgoix8JuGJVJRFcrjL6ssYQhvhc
Lilies Token Solar (LLSS) TRC-20
TN3nDRxDCvEPBt1qqZBkqNEUowL1YghCNm
Solar Pool
TD4aCJaVUPaGBEiPRRB2rQ6omTNmZioMWU
Lilies Token Wind (LLSW) TRC-20
TRPD2BgUnTQrDFfPYHNkWaSG32Quj4LybE
Wind Pool
TKjGgU825z7nw5syrkxnyLu7es4UvPBZqE
Project Milestones:
March. Market analysis, project launch, website layout and testing of smart contracts.
April. Completion of writing smart contracts and publication of the MVP version.
May. Finish the front-end part of the project and Mainnet launch.
June. Testing the project with the first users and fixing bugs and errors.
July. Launch of additional reference pools and company registration to be able to register and redeem EACs.
