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Bit Onkel🇨🇭-

If It shows in the Explorer and Elrond wallet i.e.

2M „LockedLPStaked“ because I have staked i.e. 1M lockedMEX in the MEX Farm (and selected 2x rewards and 1 year locked). How many MEX do I own now? Still 1M or 2M? Asking for tax reasons…

#blockchain #cryptocurrency #elrond #english
0

5 ответов

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Winston-Willis

If you haven't sold anything, I would think that it's an unrealized gain correct?

0
21.11.2021
Hamper-
Winston Willis
If you haven't sold anything, I would think that i...

Income tax applies in US and UK each time you claim staking rewards.

0
21.11.2021
Winston-Willis
Hamper
Income tax applies in US and UK each time you clai...

Good to know, so if anyone is harvesting more than $600 They probably want to have a good accountant

0
21.11.2021
Bit Onkel🇨🇭- Автор вопроса
Winston Willis
If you haven't sold anything, I would think that i...

My problem is that I don’t even understand how much MEX I have now. In the farm it shows the amount of MEX staked and the rewards, so that’s all good. But what are this „LockedLPStaked“ (tokens?) that are shown under the tokens section in the Explorer and the Elrond Wallet now? Do I own these in addition to my staked MEX and the rewards? I don’t understand this? Could you explain/help me here?

0
21.11.2021

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