💰 HeliosDAO - Reducing 10M tonnes of CO2 by 2030 | Grants
HeliosDAO is the world's first crypto-powered solar investment vehicle, enabling crypto investors to fund high impact solar projects in emerging markets
If you've found this page, we trust that you understand just how serious the climate crisis is. We do too, so we chose an ambitious goal (preventing 10M tonnes of CO2 emissions by 2030) and got to building.
What have we built so far?
Research climate change solutions - DONE
Research international solar markets - DONE
Build partnerships to fund and deploy solar assets - DONE
Raise community funding for Proof of Concept (PoC) solar installations - DONE
Build regulatory compliant financial rails to deploy capital - DONE (this took almost 6 months)
Successfully deploy capital for PoC installations - DONE
In summary, we've successfully launched the world's first crypto-powered solar investment vehicle with four community-funded solar installations(500kW) online in India, generating clean energy and industry-leading returns. Helios takes no fees, 100% of returns flow back to the community.
What are we building next?
The Helios protocol - solar lending pools in which users deposit stablecoins to earn yield derived from real world solar activity.
Once full, each lending pool will be drawn down by our operational partners to build solar installations in India & Africa. These installations generate clean energy which we sell to our industrial customers, saving them up to 60% on their energy bill and averting thousands of tonnes of CO2 emissions.
That's it.
We make saving our climate simple.
No overly complex tokenomics, no vague promises of future profits, no outlandish claims.
We combine cutting edge technology, proven business models, and relentless execution to enable every single person anywhere on earth to make a real difference in the fight against climate chance. We would love to have you join us.
Use of Funds: All funds received through the gitcoin grant will directly fund high impact solar projects that have been vetted by the team and selected by community vote. All returns generated will be automatically reinvested, infinitely funding future solar projects.
Let's break down the key elements that separate Helios from other projects in the solar space:
Why Crypto?
1. Crypto investors need portfolio diversification opportunities given the highly correlated nature of crypto assets/markets. With Helios, you can lock in a stable 15-20% yield generated from real world solar activity uncorrelated with both the crypto markets and the broader public markets
2. ESG investments have a severe lack of transparency. You put your money into an ETF and hope they do good stuff. With Helios, every transaction, transfer, contract and receipt is publicly available on-chain. Track your money every step of the way using our real-time dashboards for an engaging user experience.
3. The borderless, international nature of cryptocurrency allows us to quickly and efficiently deploy capital all around the world. With Helios, you can directly fund high impact solar projects in days, a process that takes traditional banks months to years.
We're doing our part to change the public perception of crypto from dark money to green money.
Why Solar?
1. The cost of photovoltaic (PV) solar panels has dropped by 90% in over the past 10 years, making it cheaper than coal/natural gas for the first time in history.
2. Our operational partners have 20+ years of experience in solar, enabling us to rapidly deploy high impact installations in a fraction of the time most other clean energy projects would take. In fact, we already have installations online!
Why Emerging Markets?
1. Solar markets in the US and EU face a major problem: far too much capital chasing far too few opportunities; this drives the returns of solar down to ~4.5% on average.
2. In emerging markets, the opposite is true. Lack of financial infrastructure and inability of institutional capital to access these markets has led to low liquidity in the space even though there are thousands of high impact projects given the favorable environmental conditions.
3. Given the high demand for capital, Helios is able to earn returns of 15-20%, more than 4x the US average.
It is critical that we act now
Join our community on discord & follow our journey on notion where you can view our public roadmap, track progress, and receive regular updates.
https://discord.gg/7wm7T96Paf
https://heliosdao.notion.site/Home-d25752e9d3a240c1b5e544ae7d572252
Need proof? Check our some of the shiny solar installations we've already built
R&D
