Skip to content Skip to sidebar Skip to footer

Participation in decentralized finance (DeFi) protocols can make tax accounting even more complex. For example, if an institution provides liquidity on a decentralized exchange (DEX), it also needs current and historical liquidity provisioning positions (in other words, the assets and liabilities of an exchange), the current percentage and history of the total pool held, collected, claimed and unclaimed fees, and percentage fees provided by the pool.

Source link

Leave a comment