No token. No custody. No fee for the no.
Three things people ask first, so we'll lead with them: there is no Stede token, your money never leaves a vault you control, and being refused never costs you anything. The rest is below.
What is Stede? +
A stablecoin you can give rules. You wrap USDC into a Stede dollar, set rules like a daily cap or a cool-off, and the rules are enforced on-chain every time you send. The dollar itself refuses transfers that break your rules.
Is my money safe / who holds it? +
Stede is non-custodial. Your funds stay in a vault you control. Stede never takes custody. You can unwrap back to plain USDC 1:1 at any time.
What are the rules? +
Six in v1: daily cap, block list, cool-off, slow send (a hold on first send to a new handle), night mode (block sends during set hours), and friend gate (large sends need a trusted handle to co-approve). Turn on only the ones you want.
What does it cost? +
Sending is free. Refusals are free. Setting rules is free. That won't change; you should never pay to be protected from your own mistake. Stede may later charge a small fee for premium handles, and any protocol fees go to the treasury, never to taxing your transfers.
Is there a Stede token? +
No. There is no token and there never will be. Stede is a protocol, not a token play.
What happens if I hit a rule? +
The transfer simply doesn't go through. No reversal request, no support ticket, no "are you sure." It fails before it lands, and costs nothing.
Can I turn rules off? +
Yes. Any rule you set, you can disable.
What stablecoins does it support? +
USDC at launch. AUDD (Australian dollar stablecoin) is planned as a fast follow.
Is it live? +
Live on devnet, with all 9 programs deployed and tested. Mainnet launch is coming. Waitlist is open.
Has it been audited? +
Not yet. Stede is pre-mainnet and the code is unaudited. A security review is a planned milestone. The protocol is open source, so anyone can inspect it today.
How is this different from Solana's Subscriptions & Allowances? +
That program lets someone pull money from you within a cap you approve (subscriptions, payroll, agent budgets). Stede is the opposite direction: rules you set on your own outgoing money to protect yourself, like blocking your own 2am sends or holding a first transfer to a stranger. Where delegated spend makes sense, Stede composes the native primitive rather than rebuilding it.
What's it built on? +
Solana. Token-2022 transfer hooks enforce the rules at the token level, so they apply to every transfer, not just ones made through the app. Nine Anchor programs, open source.
Can I build on it? +
Yes. There's a TypeScript SDK and the full protocol is open source. See the developers page.