EOS FAQs – Learn more about EOS
Everything you need to know about EOS inside of Exodus.
In this article:
General EOS questions
Why do I have to wait for 72hrs to access all of my registered EOS after upgrading?
A 72hr refund process is baked into the EOS code, this is not an Exodus-specific function, and every person who registered their EOS or qualified for fallback, no matter what method was used to claim their tokens, had to wait for the 72hrs after unstaking.
I exchanged all of my EOS for another asset, why do I still have an EOS balance?
All this means is your Exodus wallet did not unstake all of your EOS before making the exchange. Please check out this section to unstake your EOS.
What are EOS spam transactions? Does it mean my EOS account is compromised?
Spam transactions are just like spam e-mails, these are unwanted messages received from businesses on the EOS network promoting themselves. It is normal to receive spam transactions, it is not related to your account security.
Block producer questions
What is a block producer?
Block producers (BPs) replace the concept of “miners” as the custodians of the network, running the underlying network layer to process all transactions, set governance rules, and form a consensus on the EOS network.
The investment to become a BP is huge. The returns for them are generally low due to inflation.
Can I vote for block producers in Exodus?
Currently, it is not possible to vote for block producers inside Exodus. You can use wallets like Scatter, Greymass Voter, etc. to vote for your favorite block producers (BPs).
Is it mandatory to vote on the EOS network? Will my EOS tokens be taken away if I don’t vote?
Voting is optional on the EOS network. No one can take away your funds for not voting.
EOS staking
How do I stake EOS?
Mobile
On Mobile, a) tap the Wallet icon, then b) tap your EOS wallet.
Next, tap the Settings icon in the top right corner.
Scroll down until you see Stake.
It is no longer recommended to stake EOS for use of the network.
Then, a) enter the amount of EOS you want to stake and b) click Stake EOS.
Providing sufficient staked EOS will ensure you can transact without using all of your daily requirements on the EOS Network.
After a short amount of time, you will see that the stake has been successful!
Desktop
On Desktop, a) click the Wallet icon, then b) click your EOS wallet.
Next, a) click the three dots in the top right corner and b) click on Staking Options.
Scroll down until you see Staking.
It is no longer recommended to stake EOS for use of the network.
Then, either a) enter the amount of EOS you want to stake and b) click Stake EOS, or c) stake all of your EOS by clicking Stake All My EOS.
Providing sufficient staked EOS will ensure you can transact without using all of your daily requirements on the EOS Network.
After a short amount of time, you will see that the stake has been successful!
How do I unstake EOS?
Mobile
On Mobile, a) tap the Wallet icon, then b) tap your EOS wallet.
Next, tap the Settings icon in the top right corner.
Scroll down until you see Unstake and Unstake All.
To unstake a specific amount of EOS, under Unstake a) enter the amount of EOS you want to unstake and b) tap Unstake EOS.
