Everything you need to know about staking Tezos (XTZ) in your Exodus wallet.
Need a crypto wallet to stake XTZ? You can download Exodus here.
In this article:
What is Tezos staking?
When you stake Tezos (XTZ), you're delegating the XTZ in your address to help secure the Tezos network and contribute to its stability. In return, you earn XTZ staking rewards.
With some assets, your tokens are locked while they are staked. However, this is not the case with Tezos. While staking Tezos in Exodus, any XTZ above the 0.07 XTZ minimum balance is not locked, and you can send or swap your XTZ at any time.
To start staking your XTZ, download Exodus.
Tezos (XTZ) staking FAQs
Answers to frequently asked questions about staking Tezos (XTZ).
What happens when I stake XTZ?
When you stake your Tezos (XTZ), you are delegating it to a validator, also known as a baker in the Tezos ecosystem.
Bakers validate and approve transactions on the Tezos blockchain. The more XTZ is delegated to a baker, the more likely it is to be selected to process and validate transactions.
Bakers earn XTZ by processing transactions. The more transactions they process, the more they earn, and they share these earnings with everyone who staked with them.
This is how you earn rewards. By delegating your XTZ, you support the baker and signal your trust in them. In return, you'll earn XTZ rewards from the rewards shared by the baker.
While staking in Exodus, your wallet will reserve 0.07 XTZ, which stays locked while you're staking. To learn more, see: Can I still use my XTZ when it is staked?
Can I choose the amount I want to stake?
When you stake Tezos (XTZ), your entire XTZ balance is staked.
This is because staking Tezos involves delegating all the XTZ in your address. You can't choose a specific amount. It is all of your balance or nothing.
Can I still use my XTZ when it is staked?
Yes, while staking, you can still send, receive, and swap any XTZ above the 0.07 XTZ minimum balance requirement.
The minimum balance of 0.07 XTZ is reserved to ensure you can pay the Tezos network transaction fees to unstake. When you unstake, the 0.07 XTZ becomes available again.
When it is time to calculate your rewards, a snapshot will be taken, and your XTZ balance at that time is used to determine the staking rewards you're eligible to receive.
Which baker will I be delegating my funds to?
When you stake your Tezos in Exodus, you will support our third-party staking API provider Everstake.
If you would like to keep up with how Everstake will vote, you can see the latest news on the Everstake blog.
How much can I earn from staking XTZ?
To learn more about Annual Percentage Yield (APY), please visit: What is APY?
In the staking section of your Tezos wallet, you can view the estimated APY for staking XTZ.
On Exodus Desktop, in your Tezos (XTZ) wallet, you can see the APY for staking XTZ in the top left corner.
What is the minimum amount I need to start staking?
The minimum amount you need to start staking is 1 XTZ.
Are there fees to stake XTZ?
Yes, you will pay a network transaction fee to the Tezos network whenever you stake or unstake. In addition, a baker fee is deducted from any earned rewards.
Stake transaction fee: The fee when staking your XTZ on the network
Unstake transaction fee: The fee to unstake XTZ
Baker fee: A fee to cover the baker's operating costs. To see current fees, visit: Delegate Tezos
To learn more about network transaction fees, please visit: What are transaction fees?
When will I start earning rewards?
When you stake your Tezos, there's a 4-day waiting period before rewards begin. Once they start, rewards are typically paid out every day, but the exact timing can vary.
If you receive additional XTZ after staking, it will be staked automatically. You’ll earn rewards on the additional XTZ roughly 4 days after receiving it.
Your rewards are calculated based on your XTZ balance from 4 days earlier. If you send or receive XTZ, the reward amount you receive will update accordingly after the 4-day delay.
When you unstake your Tezos, you’ll continue to receive rewards from previous cycles for approximately 4 days after unstaking.
Is staking XTZ safe?
In Exodus, staking your Tezos (XTZ) is done in a self-custodial way. When you stake, you still have full ownership of your staked XTZ. No third party holds your funds while it's staked.
While staking, any balance above the 0.07 XTZ minimum balance is not locked, and you can send or swap it at any time.
To learn more, visit: Is staking crypto in Exodus safe?
How do I stake XTZ?
Mobile
In Exodus Mobile, a) tap the Wallet icon, then b) swipe down to go to the profile screen.
Tap Staking.
Tap on Tezos.
Tap Stake XTZ. Your entire balance will be staked.
Desktop
In Exodus Desktop, click on the Staking icon.
Navigate to where it says Tezos and then click Stake.
Click Stake XTZ. Your entire balance will be staked.
How do I unstake XTZ?
Mobile
In the staking menu, tap on Tezos.
Tap Unstake XTZ.
To confirm, tap Unstake.
Desktop
In Exodus Desktop, click on the Staking icon.
Navigate to where it says Tezos and then click on Manage.
Click Unstake XTZ.
To confirm, click Unstake.
What is the burn fee when sending funds to a new Tezos wallet?
When you send funds to a new Tezos wallet that hasn't been used before or a Tezos account with a balance of 0 XTZ, an additional activation fee of 0.06425 XTZ is required in addition to the regular transaction fee.
This fee is required by the Tezos network to protect it from spam accounts.
This fee is added to the transaction fee for sending XTZ and can be seen on a block explorer like TzKT.