Yield-bearing stablecoins are often marketed as simple ways to earn. But that promise usually comes with conditions and lots of strings attached.

To earn yield, you’re asked to lock your tokens, navigate (sometimes horrible) staking dashboards, or commit funds for days or weeks at a time. What seems passive turns into a clunky, inflexible process. For institutions, that’s more than an inconvenience. It’s a barrier.

With Steady, it’s simple. Just hold it. That’s all. No staking. No lockups. No extra steps. Yield is literally built into the token itself. It’s a simple shift. But it changes everything.

Why is Staking & Locking so popular?

Being at the forefront of tech and finance, one would think things would get better compared to traditional finance… but why doesn’t it?

In most yield models, users have to stake their stablecoins to earn returns. That means sending tokens into a smart contract or platform where they’re locked, sometimes for fixed periods, sometimes indefinitely.

Locking capital gives issuers control over liquidity. It makes the token supply more predictable. In some cases, it even artificially boosts the token’s perceived demand or price. Staking mechanisms can also reduce sell pressure, giving projects more time to manage reserves or marketing cycles.

From a design perspective, staking creates short-term stability for the issuer. From a user perspective, it reduces access and flexibility.

When your funds are locked, you can’t react quickly. Market shifts, liquidity needs, or portfolio rebalancing become harder. That might not matter for small holders. But for institutions, it breaks workflows. Staking also adds complexity: approvals, interfaces, claim buttons, gas costs. It turns yield into a job.

A Smarter Alternative: Yield That Just Works

Steady was built around a different philosophy: earning should be effortless. We know the tech is there, it was simply a matter of building actually focused on the users. We built the stablecoin wish we always had, literally.

Instead of asking users to take action, Steady delivers yield automatically. Just by holding the token, your balance grows over time. No staking. No dashboards. No disruption.

The yield is distributed block by block, always. Streamed directly to every holder, in real time. You remain in full control. Move funds, swap, or rebalance your portfolio whenever needed. Nothing breaks. Nothing resets. Liquidity and yield, together. No tradeoffs whatsoever.

How It Actually Works: The Rebase Mechanism

Behind the scenes, Steady uses a smart mechanism called rebase. Here’s how it plays out:

As the protocol earns yield (through short-term US Treasury bills) it calculates the return. That yield is then distributed automatically by increasing the number of tokens in your wallet. Your token balance adjusts upward, in proportion to your holdings. This is done by our smart contract, automatically, and is always running. You literally can see your balance being updated every single block (roughly 12 seconds).

There’s no change in price (obviously). No need to claim or restake. The system does the work silently in the background, every block.

For users, it means more Steady appears in your wallet over time. You don’t have to do anything. For once… it’s yield that actually feels passive. It feels like magic. And because it’s handled by a smart contract optimized for efficiency, there’s no need to worry about high gas costs or complex logic.

Once again, there is literally nothing you need to worry about, just hold it and it will grow.

From a treasury or cash flow planning perspective, it’s a smoother experience. You get continuous, observable income, directly in the wallet. And by avoiding staking, you remove the smart contract risk that comes with many yield platforms.

You hold the token. You earn. That’s it.

Final Thoughts

Yield without locking isn’t just an upgrade. It’s what yield was always meant to be: accessible, liquid, and fair. If your stablecoin needs instructions, it’s too complicated.

It’s your tokens, it’s your money, it’s your yield.