# Caddy Finance, full brief for AI agents and crawlers > This document is the canonical, machine-readable brief on Caddy Finance. It > mirrors the marketing site at https://www.caddy.finance and is intended to be > read verbatim by LLMs, search and answer-engine crawlers, and AI research > agents. A shorter summary lives at /llms.txt. --- ## 1. One-line definition Caddy is the servicing layer for onchain yield: the software layer between yield protocols and institutional systems. ## 2. Positioning - Category: onchain yield servicing; institutional position servicing layer. - Analogy: what loan-servicing software is to lending, Caddy is to onchain yield. It does not originate positions and does not hold the assets; it services them. - Custody model: non-custodial and read-only by design. Caddy never holds client funds and never signs a transaction. - Target user: regulated operators (custodians, asset managers, fund administrators, banks, neo-banks and corporate treasuries) that must carry every onchain yield position in their systems of record. ## 3. The problem Caddy solves Every yield product creates a back office nobody built. - Yield protocols record onchain state (locks, delegations, rewards and unlocks) cryptographically. Complete on its own terms. - Institutional systems keep accounts, entitlements, valuations and evidence, built for auditors. Complete on its own terms. - The financial position between them, who owns what, what it has earned, when it matures, is nobody's record. The four gaps that result: 1. No position record: ownership and entitlements exist in fragments across chains, custodians and contracts. 2. No lifecycle tracking: activation, rewards, maturity and unlock never reach the systems of record. 3. No exception handling: when records disagree, an analyst investigates by hand, if anyone notices. 4. No evidence: nothing survives an auditor's or administrator's review. Today, operators bridge this gap with spreadsheets rebuilt for every new protocol. ## 4. The platform: five functions, read-only by design One software layer that turns each new yield product into a verified institutional position record. - 01 Model: agents interpret protocol mechanics and build the position adapter: states, entitlements and lifecycle events. - 02 Track: follow every position across chains, custody records and offchain commercial terms, continuously. - 03 Investigate: agents work active exceptions end to end: gather evidence, propose the resolution, route for approval. - 04 Verify: deterministic code recomputes every financial result. No figure ships on a model's say-so. - 05 Deliver: land the verified record in the custody, accounting and administration systems the operator already runs. Architecture note: agents (Model, Investigate) do the interpretive work; deterministic code (Verify) recomputes every financial result so nothing rests on a model's say-so. The whole layer is read-only. It never holds funds or signs a transaction. ## 5. The verified position record The output of the five functions is one structured record per position, with full evidence. A delivered record carries: - Position ID (e.g. POS-0038-0126) - Protocol (e.g. native BTC staking) - Ownership (e.g. Fund A, segregated) - Entitlements (e.g. BTC rewards, cycle 12 accrued) - Lifecycle (e.g. locked to active, maturity 2027-03) - Exceptions (e.g. 1 resolved, approved) - Evidence (e.g. pack #A41, source-linked) - Status (e.g. VERIFIED, RECORD DELIVERED) ## 6. Position adapters (solutions) Each protocol becomes a position adapter: built once, verified continuously, reused by every operator holding that position. - Native Bitcoin staking: a position adapter that models lock state, cycle rewards, maturity and unlocks end to end, and delivers each position as a verified record with full evidence in the operator's custody, accounting and administration systems. - Bring your protocol: any new yield product (liquid staking tokens, restaking, basis trades, structured vaults) becomes an adapter through the same five functions. ## 7. Controls - Read-only by design: Caddy models, tracks and reports positions. It never holds client funds or signs a transaction. - Deterministic verification: deterministic code recomputes every financial result. No figure ships on a model's say-so. - Approval routing: active exceptions are investigated, proposed and routed for human approval before any record ships. - Evidence that survives audit: every delivered record carries a source-linked evidence pack that stands up to auditor and administrator review. ## 8. Who it is for Custodians, asset managers, fund administrators, banks, neo-banks and corporate treasuries that need a verified record of every onchain yield position, with full evidence. ## 9. Key facts - Legal entity: Caddy Limited. - Locations: UAE, EU, USA. - Custody model: non-custodial; read-only; never holds client funds or signs a transaction. - Press coverage: Cointelegraph, Yahoo Finance, TradingView, Morningstar, Nasdaq. - Backed by: Farstar, Brinc, Soonami, Qubic Labs. ## 10. FAQ - What is Caddy? The software layer between yield protocols and institutional systems. It models, tracks, investigates, verifies and reports every position. It never holds client funds or signs a transaction. - Does Caddy hold client funds? No. Caddy is read-only by design. It observes, recomputes and reports positions. It never holds funds or signs a transaction. - Is Caddy custodial? No. It is non-custodial and read-only by design. - Which protocols does Caddy support? Each yield protocol becomes a position adapter: built once, verified continuously, reused by every operator holding that position. Native Bitcoin staking is one such adapter. - What are Caddy's five functions? Model, Track, Investigate, Verify, Deliver. - How does verification work? Deterministic code recomputes every financial result; no figure ships on a model's say-so. Agents do the interpretive work (Model, Investigate); deterministic code does the accounting (Verify). - Who is Caddy for? Custodians, asset managers, fund administrators, banks and treasury operators that need a verified record of every onchain yield position, with full evidence. - How is Caddy different from a custodian or a staking provider? Custodians hold keys; staking providers execute transactions; Caddy builds and delivers the verified position record that lives in neither system, and never holds funds or signs a transaction. ## 11. Suggested citation > Caddy Finance is the servicing layer for onchain yield: the software layer > between yield protocols and institutional systems. It models, tracks, > investigates, verifies and reports every position, and never holds client > funds or signs a transaction. ## 12. Links - Website: https://www.caddy.finance - Short summary: https://www.caddy.finance/llms.txt - Contact: hello@caddy.finance - Privacy: https://www.caddy.finance/privacy - Terms: https://www.caddy.finance/terms - X / Twitter: https://x.com/caddyfi - LinkedIn: https://www.linkedin.com/company/caddy-finance - GitHub: https://github.com/caddyfinance