STET
Multiple formulas can apply to the same cell on a Cube, evaluated in order as the formula stack until one produces a value. STET stops that evaluation completely: no other formula in the stack is tried, even ones that would otherwise have applied further down the list. The cell's manually entered (static) value is returned immediately.
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STETSTET versus CONTINUE
CONTINUE only skips the current formula and lets the engine try the next formula in the stack - which might itself go on to calculate a value for the cell. STET skips everything: the current formula and every formula after it, returning straight to the static value.
If a Cube only has a single formula applying to a cell, there's no difference between the two - with no "next formula" to try, both simply fall through to the static value.
Common pattern: a manual override that beats every formula
Use STET (rather than CONTINUE) when a user's manual entry should take precedence over the entire formula stack, not just the formula currently being evaluated - for example, a Revenue figure planned manually because of a known one-off contract, that no other formula on the Cube should be allowed to recalculate:
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["Revenue", "Plan"] =
IF(
HASSTATICVALUE(), // has a user typed a value into this cell?
STET, // yes - stop the whole stack, use that value
["Units"] * ["Price"] // no - calculate from drivers
)See Writing a Cube Formula for the fuller directional-logic-flip pattern this is usually part of.