All ERC20 transactions require Ethereum (ETH) to power transactions on the Ethereum network. To send or exchange an Ethereum token or use an Ethereum token such as DAI in Compound Finance, you need a minimum amount of ETH in your Exodus wallet. This is to cover Ethereum network transaction fees. For example, instead of paying Bitcoin (BTC) for transaction fees in BTC transactions, you pay small amounts of Ethereum for transaction fees in Ethereum transactions.
If you don’t have the minimum amount of ETH for Ethereum-based transactions, you will encounter these messages: