### Color Palette: "Sunny Serenity"

1. **Bright Yellow**
   - **Hex Code:** 
                            
                            #FFD700
                        
   - **Description:** A vibrant and cheerful hue that captures the essence of sunshine, adding energy and warmth to the palette.

2. **Sky Blue**
   - **Hex Code:** 
                            
                            #87CEEB
                        
   - **Description:** A light and refreshing blue reminiscent of a clear daytime sky, evoking feelings of tranquility and openness.

3. **White**
   - **Hex Code:** 
                            
                            #FFFFFF
                        
   - **Description:** Pure and clean, white serves as a perfect backdrop, enhancing the brightness of other colors and bringing a sense of space and simplicity.

4. **Coral**
   - **Hex Code:** 
                            
                            #FF6F61
                        
   - **Description:** A lively and inviting shade that combines elements of pink and orange, adding a playful yet sophisticated touch to the palette.

5. **Soft Lavender**
   - **Hex Code:** 
                            
                            #E6E6FA
                        
   - **Description:** A gentle and soothing purple that introduces a hint of elegance and calmness, balancing the brightness of the other colors.

6. **Mint Green**
   - **Hex Code:** 
                            
                            #98FF98
                        
   - **Description:** A soft and refreshing green that complements the bright yellow and coral, providing a natural, lively contrast that enhances the overall harmony of the palette.

### Palette Summary:
The "Sunny Serenity" palette combines bright and cheerful colors with soft, calming tones. It is ideal for designs that aim to evoke happiness, warmth, and a sense of peace, making it perfect for branding, invitations, or children's products.