Staked uWatt

c-uWatt is Suno's yield-bearing token, backed by income from operating solar power plants. Deposit uWatt, Suno's dollar-denominated token, and receive c-uWatt. As revenue is distributed, each c-uWatt becomes redeemable for more uWatt. Your balance stays the same, but each token is worth more over time. There is nothing to claim or restake. Yield is variable and released gradually, and part of the revenue is retained to keep the Reserve overcollateralized. ERC-4626 vault on Ethereum. Redemptions through Suno's Desk require verification.