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Frax Finance Frax Finance
zippy-stripes

Interesting, does that mean sfrax is subject to capital gains

and losses?

#cryptocurrency #english #frax
0

7 ответов

23 просмотра
H¤reτ¤r¤-

Depends on where one lives in the world and the personal situation one is in.

0
12.10.2023
Bizy-

Yes In most western jurisdictions if you get yield that's considered income and if price goes up then its capital gains And taxes are equal or lower on cap gains vs income in most places

0
12.10.2023
zippy-stripes Автор вопроса
H¤reτ¤r¤
Depends on where one lives in the world and the pe...

was mainly talking about taking a loss/gain due to price fluctuations of sfrax, not tax implications

0
12.10.2023
Bizy-
zippy stripes
was mainly talking about taking a loss/gain due to...

In that case then no there's no loss SFrax value only goes up with time

0
12.10.2023
zippy-stripes Автор вопроса
Bizy
In that case then no there's no loss SFrax value ...

unless there are more frax withdrawals, than deposits, right? (since token price increases as staked frax goes up, vice versa?) thx all for your answers

0
12.10.2023
Bizy-
zippy stripes
unless there are more frax withdrawals, than depos...

Nope, You earn yield over time sFrax should only go up over time

0
12.10.2023

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