Daylight is Combining Daylight with Blockchain in Electricity Markets.

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 cryptocurrency asset that generates profits.

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 overcome energy price fluctuations by operating with a hybrid system.

Financing Model

The protocol finances solar energy installations using GRID stablecoin and sGRID yield token. It is aimed at contributing to sustainable energy investment by offering tokenized returns to investors.