for Hbar ? Or continue to accrue HbarX? Which is more beneficial? 🤔
My plan is to hold HBARX long term as long as they are competitive with native staking. I’m in the US so there is a tax advantage using Stader over native as I understand it.
Can you elaborate as to the tax benefit? Thanks
Please remember I’m just an idiot on the internet… with native staking you have to report the ongoing rewards as regular income and pay taxes on them. Then you have capital gains sometime down the road. With Stader you do not receive ongoing rewards. Rather, HBARX appreciates in value. No added income to be taxed. So you just have capital gains sometime down the road.
Well from one idiot to another, thank you. Lol
Good question
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