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 convert electricity into a crypto asset that generates profits.

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 overcome energy price fluctuations by operating with a hybrid system.

Funding Model

The protocol finances solar energy installations using the GRID stablecoin and sGRID yield token. Investors are provided with tokenized yields, with the goal of contributing to sustainable energy investments.