Daylight, a decentralized energy startup supported by a16z crypto and Framework Ventures, has introduced DayFi, a new DeFi protocol on Ethereum. This innovative platform aims to transform electricity into a yield-bearing crypto asset by establishing capital markets for decentralized energy. DayFi utilizes two tokens, GRID and sGRID, to facilitate this process, with sGRID integrating Treasury interest and revenue from solar installations. Currently, the platform operates in Illinois and Massachusetts, with plans for expansion into additional U.S. markets.