c-uWatt is a yield-bearing token from Suno, a protocol that brings real-world solar energy assets on-chain. Holding c-uWatt gives you a share of income generated by solar power plants already in operation.

How it works: You deposit uWatt, Suno's dollar-denominated token, and receive c-uWatt in return. As yield comes in, each c-uWatt becomes redeemable for more uWatt. The number of tokens in your wallet stays the same, but each one is worth more over time. There are no rewards to claim and nothing to restake, because earnings compound automatically.

Where the yield comes from: Suno's Reserve earns revenue from operating solar projects and from its liquid investments. Part of that income is distributed to c-uWatt holders, so the value of each c-uWatt rises as more revenue is paid out. The rest is retained in the Reserve, which keeps the protocol overcollateralized. Payouts are released gradually rather than all at once. The yield is variable and depends on how the projects and investments perform.

Technical details: c-uWatt is an ERC-4626 vault share issued on Ethereum mainnet. Staking and transferring c-uWatt do not require an on-chain KYC check. Redeeming uWatt through Suno's Desk requires verification and is subject to fees, available liquidity, and daily limits. Suno's eligibility terms apply.