How to Stake Decred (DCR) on Exodus
Exodus may not directly support DCR staking, but you can still use Exodus to buy DCR and transfer it for staking.
Current APY
8.0%
Price
$22.71
Platform Fee
No
Platform Type
wallet
Step-by-Step: Stake DCR on Exodus
Install Exodus
Download and install Exodus from its official site. Set up a new wallet or import an existing seed phrase, and back up your recovery phrase securely.
Fund the wallet with DCR
Buy DCR on an exchange (Coinbase, Kraken, Binance) and withdraw to your Exodus address. Double-check the network before sending.
Open the staking section
In Exodus, navigate to the staking or earn tab for Decred. Pick a validator — look for low commission, long uptime, and avoid the top validator to support decentralization.
Delegate and confirm
Enter the amount of DCR to stake and confirm the transaction. Rewards typically begin accruing in 1–2 epochs and compound automatically or are claimable from the same screen.
Exodus for DCR Staking: Pros & Cons
Pros
- + Polished design — desktop, mobile, and browser extension all consistent
- + Native staking for 7+ chains in one app
- + 24/7 live support — rare for a non-custodial wallet
- + Publicly traded company with transparent ownership
Cons
- - Closed-source (most other major wallets are open-source)
- - Built-in swap charges a markup on top of network spread
- - Limited validator selection — Exodus auto-picks for you on some chains