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, providing solutions to the increasing energy demand from data centers. This innovative structure plans to tackle energy price fluctuations with a hybrid system.

Financing Model

The protocol finances solar energy installations using GRID stablecoin and sGRID yield token. It aims to encourage investments in sustainable energy by offering tokenized returns to investors.