Daylight is Combining Electricity Markets with Blockchain.

Innovative DeFi Protocol Introduced

Daylight, backed 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 overcome energy price fluctuations by operating with 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.