DAWN's onchain vault is now wiring apartment buildings. Most of the money is still in the vault.
October was the first full month of DAWN's USD.infra Vault funding real-world internet deployments: 22 ISP sites went live across five states, putting $1.25M to work and connecting 2,300+ units. New York led with 11, including a 200-unit building. Texas and Florida got their first.
Same month, vault TVL doubled from just under $11M to over $22M. Deposits are for eligible non-US persons. The Wi-Fi is for Americans.
DeFi yield sourced from a router in a stairwell. October added about $11M in deposits and $1.25M in stairwells.
Source: DAWN's November newsletter