Caddy Finance Mainnet Launch

JUN

29

Event date

Sunday 29 June 2025, UTC

Event description

Caddy Finance’s mainnet launch on June 29, 2025, introduces non-custodial Bitcoin vaults on Starknet, a Layer 2 scaling solution for Ethereum. The purpose? To enable Bitcoin holders to earn passive income without surrendering control to centralized entities, addressing a long-standing gap in Bitcoin’s ecosystem. Starknet’s zero-knowledge proofs ensure scalability and security, processing transactions off-chain before settling on Ethereum. This launch is significant as it could attract Bitcoin maximalists to DeFi, potentially increasing adoption and liquidity. Users can join the waitlist now at caddy.finance to participate. Risk disclaimer: As with all DeFi projects, ensure due diligence to mitigate risks like smart contract vulnerabilities.

Recent News

Over the past three months, Caddy Finance has gained traction, with its innovative approach to Bitcoin DeFi earning mentions across X posts from @caddyfi and @Starknet ecosystem partners. Starknet itself reported onboarding over 500,000 new Ethereum users, showcasing its robust infrastructure Starknet ecosystem updates. This milestone underscores the technical foundation supporting Caddy’s launch. Additionally, Bitcoin’s recent price surge to $0.6556 with a 24-hour volume of $24,863 Crypto.com data has heightened interest, aligning perfectly with this timing.

Future Plans

Post-launch, Caddy Finance aims to expand its vault offerings, integrating more yield-generating strategies and potentially supporting other assets. The project aligns with Starknet’s roadmap, which includes enhancing S-Two (a next-gen scaling solution) and hosting discussions at EthCC[8] (June 30–July 3, 2025) EthCC.io. These developments signal a commitment to scaling Bitcoin DeFi and fostering community engagement, with Café Stark and beach hangouts planned during the conference.

Onchain Data

Specific onchain metrics for Caddy Finance pre-launch are not yet available, as the mainnet is still pending. However, Starknet’s network has demonstrated impressive transaction throughput, handling over 100 transactions per second during peak periods StarkWare reports. This bodes well for Caddy’s performance once live, though users should monitor post-launch activity on explorers like StarkScan.

Community Sentiment

X sentiment is overwhelmingly positive, with users like @rjkesavchandar and @BabsTeevee expressing excitement about Bitcoin’s DeFi potential on Starknet . Influencers anticipate a surge in adoption, though some, like @Julia_457_, question control dynamics, reflecting healthy debate. The countdown hype (6 days as of June 23) has kept the topic trending.

Additional Insights

This launch comes as competitors like Wrapped Bitcoin (WBTC) dominate Bitcoin DeFi, but Caddy’s non-custodial model offers a unique edge. With Bitcoin’s market cap nearing $1.3 trillion CoinMarketCap, this could diversify investment options. The EthCC[8] timing also aligns with broader Layer 2 discussions, amplifying visibility.

Starknet

Bullish or Bearish?

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Starknet (STRK) Events List

Starknet (STRK) 127 Million Token Unlock

The token unlock releases 127 million STRK tokens, representing a key step in Starknet’s planned distribution to early backers, team members, and ecosystem contributors. The purpose is to incentivize development and reward stakeholders, with the release forming part of a series that will see 1.27% of the total supply unlocked monthly through March 2027. This could increase liquidity and attract new users, but the influx of tokens might also lead to short-term price fluctuations. Its significance lies in testing Starknet’s ability to maintain network growth and community trust during a major supply event.Recent NewsOver the past three months, Starknet has celebrated notable progress. In May 2025, the project released an updated ecosystem report highlighting a surge in gaming projects and developer adoption, growing from 4 to 51 initiatives in a year. Additionally, the launch of Phase 1 staking for STRK has introduced new utility, signaling strong momentum as the unlock approaches.Future PlansStarknet’s roadmap is packed with promise. Upcoming enhancements include performance upgrades with version 0.14.0, focusing on faster transaction execution and further fee reductions. The project also plans to deepen decentralization and expand accessibility, with goals to integrate more wallets and exchanges. These steps aim to solidify Starknet’s position as a hub for innovation on Ethereum’s Layer 2 landscape.Onchain DataSpecific onchain data for the upcoming unlock is not yet available, as it hinges on post-event activity. However, Starknet has shown steady network growth, with increasing transaction volumes and staking participation since the token’s launch. Post-unlock metrics like wallet activity will offer insights into how the community absorbs the new supply.Community SentimentWith the event still weeks away, detailed sentiment is limited, but early reactions suggest a blend of excitement and caution. Community members are optimistic about Starknet’s growth in gaming and DeFi, with some influencers praising its native account abstraction features. Others advise watching market trends closely, anticipating potential volatility as the unlock nears.Additional InsightsThis unlock aligns with a trend of scheduled token releases across Layer 2 projects, offering opportunities for ecosystem expansion. Compared to peers, Starknet’s focus on scalability and developer-friendly tools gives it a competitive edge. For users, benefits include potential staking rewards and ecosystem growth, though newcomers should stay updated on official channels to navigate any market shifts. A brief note: as with any token event, monitor announcements to avoid misinformation.Don’t miss this pivotal moment for Starknet!

Starknet

September 15

Bitcoin Staking on Starknet

This feature allows users to stake tokenized Bitcoin assets like WBTC, LBTC, tBTC, and SolvBTC directly on Starknet, earning STRK rewards without impacting existing STRK staking yields. BTC stakers gain up to 25 percent consensus power, with STRK maintaining at least 75 percent. The purpose is to integrate Bitcoin into Starknet's proof-of-stake model, providing Bitcoiners with low-cost yields, developers with new tools for building scalable apps, and the network with added economic security. Its significance lies in bridging Bitcoin and Ethereum ecosystems, making Starknet the first Layer 2 to offer native BTC staking for consensus. Expected impacts include attracting billions in BTC liquidity, boosting DeFi activity on Starknet, and positioning it as a leader in hyperbitcoinization. As staking involves locking assets, users should be aware of potential volatility and review terms carefully.Recent NewsIn August, the community ratified SNIP-31, approving BTC staking parameters and eligible wrappers, paving the way for launch in the coming weeks. July saw over 400 million STRK staked, reflecting strong participation post-migration upgrades that improved validator transparency and economics. June featured the staking migration completion, introducing block attestation for better delegator insights. These milestones align with partnerships like Lombard Protocol for LBTC integration, enhancing Bitcoin's DeFi utility amid broader Layer 2 growth.Future PlansStarknet's roadmap targets full decentralization by year-end, with staking v3 in late 2025 tying rewards more closely to network performance. Upcoming features include decentralized sequencers and provers, expanding to scale Bitcoin as an execution layer for complex apps. Goals emphasize unifying Bitcoin and Ethereum, enabling trust-minimized interactions and massive throughput, while fostering global adoption through community governance and developer tools.Onchain DataDetailed current onchain metrics via Dune Analytics show robust activity, with monthly transactions around 7.5 million and average fees at 0.0056 dollars, indicating efficient scaling. Staking participation has surpassed 400 million STRK, with consistent wallet growth supporting ecosystem health.Community SentimentReactions on X are largely positive, with users highlighting the mechanism's potential to absorb token unlocks and create price stability. Discussions praise its innovative edge in addressing Bitcoin's idle capital, though some note the need for smooth implementation post-recent upgrades. Influencers view it as a catalyst for Layer 2 dominance, fostering optimism amid market recovery.This launch unlocks new opportunities for Bitcoin holders in DeFi, solidifying Starknet's role in scalable blockchain innovation.

Starknet

September 30

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