> For the complete documentation index, see [llms.txt](https://docs.suno.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.suno.finance/overview/readme.md).

# Welcome to Suno

Solar energy, shared backing, and income through digital assets.

Suno finances solar farms and enables investors to participate in the income they generate through digital assets. It gives projects access to capital and investors a more flexible way to participate in energy infrastructure than a traditional private investment.

## Finance a plant. Hold a portfolio.

**pWatt finances construction.** Investors fund a specific project and take the risk of bringing it into operation. After commissioning and verification, its pWatts move into the Reserve and investors receive uWatt. Their construction-financing position becomes participation in the portfolio.

**uWatt is backed by the Reserve.** The Reserve combines rights to operating-project income with stablecoins and liquid instruments. uWatt has a $1 redemption reference when fully backed.

**Staking earns rewards.** Deposit uWatt in the staking vault to receive c-uWatt. As funded rewards vest, each share represents more uWatt. Returns come from collected income, vary over time, and require staking; simply holding uWatt does not earn them.

## Productive backing, shared protection

Solar plants sell electricity. Their income supports the Reserve, staking rewards, and a common collateral buffer.

Suno targets **$1.15 of backing per uWatt**. The excess over $1 absorbs losses before they reduce backing below the reference value. Keeping part of contributed value and collected income in the Reserve builds this shared protection, not a separately redeemable balance or operator profit. Diversification reduces dependence on any one investment.

## More ways to enter and exit

Investors can finance a project through pWatt or acquire uWatt directly. Transferable tokens, a redemption desk, and a liquid allocation provide routes out without requiring a solar plant to be sold each time someone exits.

Liquidity safeguards limit treasury deployment and pace redemptions. Exits still depend on available liquidity and applicable controls; prices and returns are not guaranteed, and loss—including total loss—is possible.

The ambition is simple: make financing clean energy, and sharing in its returns, accessible to more people.

Continue with [How value moves](/overview/how-value-moves.md) to follow a project into the portfolio, or start with [For depositors](/for-depositors/participate.md) for the practical guide to acquiring, staking, and redeeming uWatt.


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