Daylight is combining electricity markets with blockchain.

Innovative DeFi Protocol Introduced

Daylight, supported by a16z and Framework Ventures, has launched a new decentralized finance (DeFi) protocol on Ethereum. This protocol aims to transform electricity into a crypto asset that generates profit.

Responding to Energy Demand

DayFi aims to create capital markets for decentralized energy, offering solutions to the increasing energy demand from data centers. This innovative structure plans to address energy price fluctuations through a hybrid system.

Financing Model

The protocol finances solar energy installations using the GRID stablecoin and sGRID yield token. It aims to contribute to sustainable energy investment by offering tokenized returns to investors.