Steady overview
What is Steady?
Steady is a stablecoin built around a simple but uncommon idea: if it's your money, it should work for you, not for us.
Every Steady (STDY) token represents 1 USD held in reserve, primarily invested in short-term U.S. Treasury Bills. Naturally, these T-Bills generate yield, but instead of keeping that yield to ourselves (like most stablecoin and financial institutions do) we share up to 95% of it with our holders. We do this automatically through a rebase mechanism that increases the amount of STDY in your wallet to reflect the performance of the underlying. There is absolutely no action required from the user's side, growth is directly embedded into the token itself. No staking, no claiming, no locking.
The remaining 5% covers our operating costs, as we of course have to pay our fees too. We run a lean operation to ensure stability and reliability. Everything beyond that, we pass directly to our users. That's it. No hidden fees, no opaque revenue streams, no surprises.
Our Vision
The stablecoin market is broken. Most stablecoins operate as traditional financial systems… as one-way value extraction. Holders get stability, issuers keep the yield generated by the reserves backing the token. For the largest stablecoin issuers, this translates into billions of dollars in annual interest income, none of which flows back to the holders whose capital made it possible.
Crypto was built on principles contrary to this: transparency, openness, fair access and distribution, democracy. Steady was built on these principles.
Foundational Principles
Transparency. Every dollar, every reserve, and every data-point should be reliable and easily verifiable. That's why our reserves are published and regularly updated through our Transparency Portal. Every rebase is on-chain and verifiable. We operate with bank statements, independent attestations, and a clear public record of everything that matters.
Compliance. Regulation isn't an obstacle, it's the foundation of long-term trust. Steady operates under MiFID II as a qualified subordinated bearer bond under German law, regulated by the EU Prospectus Regulation. Compliance from day one means long-term stability and a solid institutional foundation.
Fairness. Everyone should benefit from the performance of the assets backing the token, not just the issuer. That is why up to 95% of the yield generated by the underlying is shared with holders through the rebase mechanism. The remaining 5% covers our operating costs. This is the opposite of how most stablecoins operate, and it's the core of what makes Steady different.
